Hr Professional
Insolvency N Gst Professional

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The most common form credit/ debit card frauds are perpetrated through ATMs and card swiping machines, and is referred to as 'skimming'.

The rise in the number of reported credit and debit card fraud cases, has made users wary of their own financial safety. Here are some tips on identifying and preventing card fraud.

How to identify that your card is being hacked into?
Apart from monitoring unidentified charges on your account, there are other a few other things that should raise your suspicion.
Swiping on different machines: In case you have been asked to swipe your card on more than one machine, question the procedure and speak to the store manager. Alternately, if you see the attendant swipe your card on another machine, question them again.
ATM fraud detection: Notice your card slot machine, by wiggling your card in it. If it appears different from usual, as in, there is more space in there than usual or it feels there might be another device attached, raise an alarm.
Other useful points to remember:
Check, the ATM you use for discrepancies: Signs of tampering could be right in front of you, such as exposed wires, broken seals, loose parts. Inform the bank of this and use another ATM.
How to pick an ATM: Pick an ATM that has cameras fitted inside or a company-hired guard. Try to use ATMs on more crowded and commercial streets, and avoid those is remote seclude areas as they are more prone to tampering.
Have the card swiped in front of you: Ensure that the store attendant swipes the card in front of you. Do not allow them to take it out of your sight or to another area.
Dispose of old cards: Cut the expired cards and ensure the magnetic strip has been scratched. Swipe new cards immediately.
Keep your PINs secret: It is needless to say that you must not share your ATM and other security PINs with anybody. Do not write it down anywhere, and ensure no one sees it when you are using the ATM or other machines.

From India, Ahmadabad
A topical and timely warning,

Use of ATM cards,debit and credit cards is common.

People carry variety of credit and debit cards with them in their purse.(though I do not understand why so many cards should be carried as a routine )

Some tips

Use credit, not debit. The first rule of keeping your payments safe is to always use a credit card. ...

Check for the 's' ...Http-S

Keep your anti-virus software up-to-date. ...

Check for a seal of trust.

'12345' is not a good password.

Public wifi is not a safe spot for using credit cards.

Do not use credit/debit cards on public computers.

Trust your instinct.

Be careful when you use Cards,shade the PIN number with your hand when you punch the machine in hostels or shops.

Have hot listing phone numbers readily available in case of need.

My personal suggestion:

Credit cards are all good,but do not live from credit card payment to credit card payment.

A credit card joke:(sourced from for our reading pleasure

I haven't reported my missing credit card to the police because whoever stole it is spending less than my wife.

Ilie Nastase

Finally while being careful one probably need not go to extreme like this:

I don't shop online. I'm always scared to put my credit card on the Internet!

Kristin Cavallari

Credit for all quotes to

From India, Pune
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