When shopping online, it is essential to mind your safety. Many scammers are working daily on how to steal people’s money. Shopping online gives these online cons opportunities to steal money from unsuspecting shoppers. Technology has played a big role in modern business, forcing institutions to adapt to easier and faster ways to serve their continuing expansion of online buyers. One such service is banks employing the use of automated teller machines (ATMs). When you use this type of new technology that does not require physical cashiers, the process seems quite easy, but most of the time you are at risk. Here are some tips to ensure you shop safely and don’t lose money online.
Do Not Share Your PIN
Busy people usually find it normal giving their PIN for people to shop for them while they are occupied. Even though you are close with them, it is advisable you keep your pin to yourself since circumstances change and this is unsafe. At some point, they may be caught up in the situation and end up revealing your PIN to get themselves out of it.
Nowadays, people are sending emails disguised as bank customer service to get personal account information of unsuspecting clients. If you are not aware, they will ask you to type your PIN and account number in an official-like website. Once they have that, they can rob you off all your money. When you come across such websites, it is advisable not to respond to such sites for safety measures.
Always Change Your PIN
Majority of people never change their PINs on a regular basis, and this is not safe. It is important to be proactive and change your PIN from time to time to play down any suspected fraud activities. Most people are scammed by people they know, so it is important always to keep altering your PIN to protect yourself from being robbed.
Keep Cards Away From Magnets
Information in ATM cards is stored using a magnetic strip. Long exposures to magnetic fields could damage your card, so it is important to keep your cards away from strong magnetic fields.
Always Report Lost/Stolen Cards
It is very crucial for you to report to your bank immediately if your secured credit card gets stolen. Doing this is important especially if there is a high chance of your account being compromised. Contact your bank to make sure the card is deactivated, and no loss occurs in your account. Make sure to check on the issue with your bank to ensure everything is safe.
Check Your Statement Regularly
It is advisable to check your account regularly to ensure no other transactions other than yours are going through your account. Furthermore, it helps you monitor your account activities. You can look for assistance by talking with accountants for your best interests.
It is easy to enjoy shopping as long as your money is secure. Exercise lots of caution when giving out your PIN because not everybody has a good motive with your money. Make sure you monitor your money and make sure all the transactions are accounted. Use ATM that are frequented with people. Always check your purchase and make sure they match with the receipts. Lastly, make sure you examine the ATMs for any unusual occurrence for your safety, then enjoy your secured money while shopping.