Debit card and Credit card fraud is a problem that has grown over past few years, even though the vast majority of purchases go through without incident.
I once asked myself, how these thieves are able to get debit card information for their own use in draining their victim’s bank account, without them having your original card.
Thieves have used electronic skimming devices to copy debit and credit card data. They then capture the cardholder's PIN, typically with a hidden camera, and create duplicate cards to drain that person's bank account.
What do you think about this? How are you going to make your debit transactions more secure? As we all know financial institutions are working to eradicate the issue of debit card and credit card fraud so as transactions via credit card and debit card can be fraud free?
Debit card and Credit card fraud
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security