New Delhi: In the past few years, ATM card frauds are on the rise. While banks and the Reserve Bank of India have taken numerous steps to make digital payments safe, sometimes it’s the innocuous mistakes of cardholders that invite ATM fraud. So, if you are an ATM card user, you need to stay cautious while transacting at your nearby ATM or at online stores.
Here’s a 10 point guideline issued by the SBI on how to stay safe from ATM fraud:
You should always use your hand while using an ATM card at the ATM or POS machine.
SBI pointed out that you should not share PIN/Card details with anyone.
Bank customers should not write the PIN on the card. In case of card loss, anyone will be able to misuse your card with the details.
According to SBI, customers, should not respond to text messages, emails or calls asking for your card details or PIN.
Customers should use a PIN which is difficult to guess. Ideally, the PIN shouldn’t be from the number from your birthday, phone or account number.
You should either dispose of or safely put away your transaction receipt to protect yourself from any ATM fraud. The receipt carries important information that can be misused by fraudsters.
Before you start your transaction at an ATM, you should lookout for spy cameras that are installed by thugs to take a peek at the PIN of the user.