WeChat Pay guarantees millions of dollars, but there is no charge? Come and find out!

[ITBEAR] According to news on August 10, today, the WeChat Security Center official account issued another warning, emphasizing that the "Million Guarantee" service provided by WeChat Pay is completely free, and any claim that there is a fee is a fraud, and shared The latest real-life fraud cases. According to a report by a resident of a community, he received an unknown call. The other party claimed that the resident’s WeChat payment “Million Guarantee” free service was about to expire. If it was not canceled immediately, 800 yuan would be automatically deducted every month.

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In order to avoid this unnecessary deduction, the resident followed the other party's instructions, downloaded and installed a so-called "Conference APP", and made a voice call with the other party through the application.
During the call, the other party induced the residents to transfer funds to a specific account, falsely claiming that doing so would prevent automatic deductions. In the end, the resident was defrauded of 6,129 yuan.
According to ITBEAR, WeChat Pay's "Million Guarantee" is a default and completely free insurance service. During the period of using WeChat Pay, if the account is misappropriated by others and causes a loss of funds, users can apply for compensation. The annual compensation amount is capped. is 1 million yuan.
WeChat official reminder that all statements that the insurance needs to be renewed when it expires, that activation requires payment, or that "customer service" assists in cancellation are all scams, and users should not be gullible.
Users should remain calm when receiving unknown calls or encountering similar situations. Especially when operations involving account passwords, transfers, etc., users must be highly vigilant to prevent being deceived.

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