Our Approach to Security
When it comes to your financial information, your security is our top priority and when you access your WeSwap account, it’s important that we know it’s you. Here are some of the ways we do that:
Log in details –when you join WeSwap you’ll set up online login details unique to you. These will be your email address and password, to protect yourself we recommend you do not share them.
Strong Customer Authentication (SCA) – The introduction of SCA legislation by the EU in 2019 in increasing security further.
For WeSwappers, this means setting up two independent sources of validation to use when you access your WeSwap account. This is done by selecting a combination of two out of these three categories:
- Something you know (e.g. PIN)
- Something you have (e.g. Card/phone)
- Something you are (e.g. fingerprint)
Providing Information – we’ll never ask you for your online password details or PIN number. We’ll always send you an email or push notification first if we’re trying to contact you.
How to Report a Fraud
If you notice something suspicious and believe it could be fraudulent, we recommend blocking your card and getting in touch with us as soon as possible.
Lost or stolen cards: you can simply block your card on the app by going to the My Card section or by calling +44 2030536610
Reporting Fraud: firstname.lastname@example.org
Suspicious Emails: email@example.com
How to Protect Yourself from Fraud
Help to keep yourself safe from fraudsters by following the tips below. Remember, if you’re ever unsure, don’t act. A genuine company will never rush you to take action.
Always make sure your mobile telephone number and email address registered with us is up to date, we will use these to contact you if we notice unusual activity on your e-money account.
Some tips for using your e-money account and prepaid card safely
When accessing your WeSwap account online:
- Use an antivirus software and firewall
- Make sure you keep your computer and browser up to date
- Use secure networks
- Use strong passwords
- Don’t share any passwords including one-time passwords sent to you
When using a mobile application:
- Only install apps from recognised app stores
- Consider the app ratings and reviews
- Be aware of what permissions you are granting
- Treat your phone as your wallet
When shopping online or in a store
- When using an online retailer for the first time, do some research to make sure that they are genuine
- Do not reply to unsolicited emails from companies you don’t recognise
- Before entering your prepaid card details, make sure the link is secure. There should be a padlock symbol in the browser frame window which appears when you log in or register, if this appears on the page rather than the browser it may indicate a fraudulent website. The web address should begin with https://, the ‘s’ stands for secure.
- Always log out of website after use. Simply closing your browser is not enough to ensure your data is safe
- Keep your PIN safe and do not share it
- When entering your PIN, check for people around you and hide your PIN number
- Always check your statements
Remember, if you decide to donate, resell or recycle an old mobile phone, computer, laptop or tablet, make sure you fully remove all data and apps first as otherwise these may be accessed by whoever your device is passed to.