Debit Card can be seen more frequently than it was before 10 to 15 years. From old age, people to a school going guy everyone knows how to withdraw money from ATM via debit card. Almost everyone who is having his or her account in the bank is using a debit card facility. A debit card facilitates the person to withdraw the money from the account. Now you don’t have to use your checkbook or withdrawal form to withdraw your money. You just have to use the nearest ATM and within a fraction of a second, you can take your money.
However, with the advent of digitalization online frauds increases. As nowadays one can use an ATM card for online shopping also. This also facilitates the scammer to steal your money. Also, they can do scams by asking for your debit card details via phone calls. They can call you as the bank executives and ask for your PIN number and other credentials numbers. But be aware of this and don’t share any of your information with anybody. Also, we are listing some ways to prevent online fraud via ATM or Debit Card.
Ways to prevent online fraud via ATM
Do not disclose your debit card / ATM details to anybody
Avoid keeping your birth date or phone number as your ATM pin
Always use your hands to cover your ATM keypad while doing transaction
If in any case your money debited from your account but you don’t get it from ATM. Don’t worry the bank will refund the money in 1 to 2 days. Complain to your bank about your failed transaction.
Do not disclose any credentials information to anybody on phone.
Avoid writing your ATM pin on your Debit card.
Be cautious while using an ATM keypad.
Do not disclose your receipt to everyone.
Always use mobile alert services by bank.
Use ATM if no one else is standing inside. Request the other person to go outside.
Check for spy cams in ATM
For any issues and grievances, visit the CMS portal of RBI. Type cms.rbi.org.in for posting any grievance.
By:-
Prakhar Sharma
Founder, Upgrading India
