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Monday, August 5, 2013

Secure banking Tips for everyone

Your safety is your hands. No matter how advanced technology becomes the mantra of protection is always relevant. This identity fraud (tax fraud to hijack someone else's identity) is known.

 Recent headlines are many cases of fraud associated with credit cards. Card payment system even more secure on the discussion has started to. The use of debit cards has become necessary to feed the pin. This system will be implemented from March 15. Banks have started preparing for it.

Reserve Bank to all banks in July 2013 debit card, credit card, NEFT, RTGS, all forms of mobile payment systems to modernize the payment has already issued guidelines.

All new debit and credit cards only for domestic use unless the client is not seeking to use its international

Use all the cards in the international EMV chip and PIN will be necessary to use

Banks must ensure that businesses engaged with payment terminals comply with all standards and are able to identify these cards

Based on the pattern of transactions of bank customers create rules to prevent fraud. Additionally, all based on Internet Protocol infrastructure adhere to standards

Back-fraud mechanism to monitor the Quick Build

The bank to block the card simple methods such as SMS and instant confirmation message Follow Send to

RTGS, NEFT Bank Interbank Mobile Payment Service to exercise extra caution to ensure safety

Plus a range of additional security arrangements for the funds to be

Any beneficiary may be added to facilitate Alerts

If possible digital signature to be made mandatory for RTGS

Internet Protocol addresses and extra caution should be used to identify

What you can do:

Since the data theft of card fraud you may be a victim of cloning. Special devices through involvement in identity fraud criminals can steal your credit card data in the face can make the fake cards. Be not forget to mention the security of the card.

As soon as you get a new card is necessary to immediately sign on the signature panel. When the PIN set your birth date, train number, mobile number, etc. Do not use. Write down special place in your personal identification number. If possible could remember.

Lost card must tell your bank immediately and let it block. Maybe the police report you may incur. A place to keep all the details. As far as possible before your eyes Make use of the card. Cloning of cards at restaurants or gas stations are frequent. Never far from the card details over the phone.

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