Learn about the Buy Now Pay Later alert feature, its benefits and how it works.
What are the benefits of these alerts?
The Buy Now, Pay Later alerts are an extension of our existing Transaction Monitoring feature.
As of today, our Transaction Monitoring feature can track a user’s transactions on all linked financial accounts and alert the user if purchases, transactions or cash withdrawals in large amounts or any other unusual activity in the following accounts is detected:
Credit card accounts
With an upcoming release, we will also track payments to Buy Now, Pay Later lenders.
When are we launching this feature?
The new Buy Now, Pay Later alert feature was launched on June 15, 2023. The alerts will be available on both the MyNorton portal and the Identity app.
Which TELUS Online Security plan will include this feature?
Customers who have the TELUS Online Security Ultimate or TELUS Online Security Guardian Plus plan will be able to use this feature.
How does the alert work?
If a new payment plan is detected as part of a user’s monitored transactions, an alert is prompted with information about the lender, date, transaction amount and spending category.
: The user will be asked to verify whether they recognize the transaction or not.
For each alert, the user will be asked to verify whether they recognize the transaction or not (see the screenshot above). If it is recognized, we will save the alert as recognized and allow the user to go back and see the additional alert details when needed.
Alert not recognized
For each alert, the user will be asked to verify whether they recognize the transaction or not. If the transaction is not recognized, we will save the alert as such and allow the user to go back and see the additional alert details when needed. Additionally, we will provide suggestions to reach out to the lender and/or the user’s preferred bank for dispute or clarification.
Alert on the Identity app
The alert details seen on the web apply to the mobile view within the Identity app as well. If a user recognizes the alert and selects "Yes", we will mark the alert as resolved. If the user does not recognize the alert and selects "No", suggestions on next steps to resolve will be provided.