With digital transactions becoming more and more rampant, credit card skiming and cloning is now very easy and takes a few seconds.
It is important to safeguard ourselves from fraud by taking some simple steps.
Beware – where and how you use your credit and debit cards, some suggested good practices :
1. Always link your mobile number for transaction alerts,
immediately alert Bank in case of a suspicious transaction
2. You should set a transaction limit on your most commonly used card to a small amount of say Rs. 5000/-
3. Do not enter your PIN in public view and it is a good practice to change it every so often
4. As always be aware of your surroundings, if the card reader or swipe machine feels loose or tampered with, alert the Police or the Service establishments Management