Saturday, January 28, 2023
  • Home
  • TechBooky
  • Business
  • TV
  • Startup
TechBooky Africa
  • Home
  • TechBooky
  • Business
  • TV
  • Startup
  • Fintech/Finance
  • Login
No Result
View All Result
TechBooky Africa
Home Banking

e-Banking Security Tps to Avoid Card Swapping by Fraudsters at ATM, PoS Terminals.

Secure your banking credentials.

Eni by Eni
April 19, 2022
in Banking
0

Today, dexterous fraudsters have been financially persistent and other earthlings without a source of income have been forced to believe fraudulent acts can be a wise career choice. Ever since the real-time socio-economic industry transition towards embracing the digital world, several financial service providers and users have encountered disturbing fraudulent cases via zero-day electronic banking solutions.

Related posts

CBN Grants Airtel’s SmartCash Complete Licence Approval for Payment Service Bank Operations in Nigeria.

CBN Grants Airtel’s SmartCash Complete Licence Approval for Payment Service Bank Operations in Nigeria.

April 30, 2022
FirstBank Wins Two Significant Awards For Driving Financial Inclusion and Transformation in Nigeria.

FirstBank Wins Two Significant Awards For Driving Financial Inclusion and Transformation in Nigeria.

April 30, 2022

Among other socio-economic sectors, the financial sector evolved completely with technology innovation. This makes it more complicated, especially when sophisticated technology is manipulated by fraudsters to access finance databases to defraud their targets. Fraudsters have reportedly swindled people of their earnings via spamming, phishing, and card swapping to defraud their targets without traces.

It is a no-brainer fraudulent actors are smart and more dexterous than a legitimate career professional — they have evolved overtime to gain many tactical skills to defraud their targets and Card Swapping happens to trend exceedingly above other fraudulent vices.

Card Swapping is vulnerable to victims who disregard being cautious around unnoticed fraudsters. Perpetrators can easily swindle a victim off their card simply putting up an act to shift their attention and grab their target’s card. Sometimes fraudsters are known pretenders showing concerns to assist victims at the PoS terminal or ATM stands experienced with operational difficulties.

Techbooky.africa’s draft outlines security tips to make readers more cautious and guided about using debit cards in public ATM stands and PoS terminals. Here are tips to prevent and put them out of victimizing people.

• Before inserting the debit card into the machine, make sure of a preserved metered space for personal privacy. See to it that there isn’t a stranger lurking at the activity you have going on at the ATM stand or PoS terminal, because fraudsters have no job to be done at such a spot rather than stalk around for their next prey.
• Once it becomes disturbing to retrieve your debit card at the ATM, it is ideal to seek the consent of the security agent next to the ATM stands rather than calling the attention of a fraudster posing as a mere stranger.
Being unable to retrieve your debit card happens when the ATM detects suspicious actions that require the card owner to contact the services provider customer care for instant response. The customer care service will offer an optional solution in line with the ATM card seizure. The card owner might be required to visit the service provider’s real-time branch for card retrieval or might be advised to take a bow and block the card.
• As a card user, always remember to retrieve your card and the transaction receipts if you requested them before you exit the ATM or PoS terminal. If you notice your privacy is being threatened while you operated the ATM, abort the transaction and exit the ATM stand accordingly.
• If you misplace your mobile phone or you noticed it has been stolen, contact your bank service provider to block your USSD profile tied with your bank account. You can also use another mobile phone at your disposal to deactivate your USSD profile if your bank service provider isn’t responding instantly.
The same technique applies to a misplaced debit card or a stolen debit card.
If only the debit card is missing, you can either deactivate it from the bank app or deactivate the card via the USSD gateway.
Nonetheless, the banking security system disapproves of sharing users’ account credentials such as debit card passcode, BVN, the debit card sixteen digits number or the CCV at the back of the card, one-time passcode (OTP), and any other sensitive information that could leak the card owner finances to fraudsters.

The banking system also happens to be keen on developing an anti-fraud system to counter and secure users from experiencing leaked finances. The banking system also has dedicated channels for instant communication with customers such as verified social media handles, sending direct emails to the bank’s verified email address, contacting the bank’s customer service number, and reaching out to the bank directly.
It is ideal for e-bank users to have communication channels with their service providers saved up for impromptu security check purposes, Techbooky.africa writes.

Total
1
Shares
Share 1
Tweet 0
Pin it 0
Share 0
Tags: ATMCarde-BankFraud
Previous Post

Itel Is Ready to Reveal its First Kenyan Branded Ambassador Tomorrow.

Next Post

Itel Kenya Unveils Indigenous Entertainer King Kaka as Brand Ambassador

Next Post
Itel Kenya Unveils Indigenous Entertainer King Kaka as Brand Ambassador

Itel Kenya Unveils Indigenous Entertainer King Kaka as Brand Ambassador

RECOMMENDED NEWS

Vodacom Announces R500 Million Investment for Digital Inclusion in the Western Cape, South Africa.

Vodacom Announces R500 Million Investment for Digital Inclusion in the Western Cape, South Africa.

7 months ago
Microsoft Spent $100M To Debut Its African Development Center In Ikoyi Lagos.

Microsoft Spent $100M To Debut Its African Development Center In Ikoyi Lagos.

10 months ago
Uber Expanded Ride-Hailing Services to Three Additional Cities in Nigeria. 

Uber Expanded Ride-Hailing Services to Three Additional Cities in Nigeria. 

9 months ago
Presidential Digital Talent Internship For Kenyan Graduates Will Be Tutored By Oracle And ICT Authority.

Presidential Digital Talent Internship For Kenyan Graduates Will Be Tutored By Oracle And ICT Authority.

10 months ago

FOLLOW US

  • 70.9k Followers

BROWSE BY CATEGORIES

  • App
  • Banking
  • Business
  • Cryptocurrency
  • Cybersecurity
  • East Africa
  • Economy
  • Enterprise
  • Event
  • Fintech/Finance
  • Funding
  • Gadget
  • Government
  • Insight
  • Internet
  • Investment
  • Nigerian/African Tech
  • North Africa
  • Personnel
  • Research/How to do it
  • Service
  • Social Media
  • Southern Africa
  • Startup
  • Telecom
  • Transport
  • Uncategorized
  • West Africa

BROWSE BY TOPICS

5g acquisition africa app banking CBDC cbn central bank of nigeria cloud cryptocurrency Crypto market cybersecurity e-commerce e-naira east africa ecommerce economy enterprise fintech funding Fundraising google government inec internet investment kenya License microsoft mtn ncc nigeria Partnership Regulator remittance ride hailing seed social media software south africa startup technology telecom twitter west africa

Featured Categories

App
19 Posts
View Posts
Banking
17 Posts
View Posts
Business
7 Posts
View Posts
Cryptocurrency
27 Posts
View Posts
Cybersecurity
13 Posts
View Posts
East Africa
23 Posts
View Posts
Economy
18 Posts
View Posts
Enterprise
31 Posts
View Posts
Event
9 Posts
View Posts
Fintech/Finance
83 Posts
View Posts
Funding
29 Posts
View Posts
Gadget
11 Posts
View Posts
Government
55 Posts
View Posts
Insight
4 Posts
View Posts
Internet
20 Posts
View Posts
Investment
18 Posts
View Posts
Nigerian/African Tech
31 Posts
View Posts
North Africa
2 Posts
View Posts
Personnel
2 Posts
View Posts
Research/How to do it
2 Posts
View Posts
Service
8 Posts
View Posts
Social Media
19 Posts
View Posts
Southern Africa
17 Posts
View Posts
Startup
83 Posts
View Posts
Telecom
35 Posts
View Posts
Transport
10 Posts
View Posts
Uncategorized
2 Posts
View Posts
West Africa
41 Posts
View Posts
No Result
View All Result
Loading
  • Amazon & Stripe
    Stripe & Amazon Iterated Partnership Deal Will Integrate FinTech & Cloud Services For Global Penetration.
    • January 25, 2023
  • Airtel eSIM
    Airtel Launches eSIM Technology In Nigeria
    • January 25, 2023
  • Mafab Communication Debut 5G Cellular Data In Nigeria.
    • January 24, 2023
  • Spotify
    Tech Retrenchment: Spotify Has Prepared To Cut It Global Workforce This Week.
    • January 24, 2023
  • Kuda Bank
    The SBP Issues Kuda Bank FinTech License to Operate In Pakistan.
    • January 24, 2023
TechBooky Africa

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc.

Follow us on social media:

Recent News

  • Stripe & Amazon Iterated Partnership Deal Will Integrate FinTech & Cloud Services For Global Penetration.
  • Airtel Launches eSIM Technology In Nigeria
  • Mafab Communication Debut 5G Cellular Data In Nigeria.

Category

  • App
  • Banking
  • Business
  • Cryptocurrency
  • Cybersecurity
  • East Africa
  • Economy
  • Enterprise
  • Event
  • Fintech/Finance
  • Funding
  • Gadget
  • Government
  • Insight
  • Internet
  • Investment
  • Nigerian/African Tech
  • North Africa
  • Personnel
  • Research/How to do it
  • Service
  • Social Media
  • Southern Africa
  • Startup
  • Telecom
  • Transport
  • Uncategorized
  • West Africa
  • Home
  • TechBooky
  • Business
  • Video
  • Contact Us

© 2022 Techbooky Africa .

No Result
View All Result
  • Home
  • TechBooky
  • Business
  • TV
  • Startup

© 2022 Techbooky Africa .

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In