Keep track of your debit and credit cards at all times, some people, avoid fraudulent traps.

The use of plastic money i.e. credit and debit cards has left behind a lot of cash purchase data. As the trend of plastic money is increasing, the risks of fraud have also increased. The main reason for this is the lack of digital banking literacy. Today we will tell you where you can use plastic money and what are its benefits. Along with this, know what kind of fraud can be with you and what is the way to avoid them.

Where can I
use where debit and credit card usage can be used, better than to know where it can not be used. Yes, there is no such place where plastic money is not accepted unless the vendor has its facility. After the note-taking, the street-street shopkeepers are also carrying swipe machines. Yes, its limits are definitely.

The debit card limit and its fees

like the classic debit of State Bank and shopping card allow you to use a minimum of 500 rupees and a maximum of Rs 40000 daily. The bank does not charge any fee for issuing it, although in the name of maintenance 100 rupees annually and service tax extra. Limits and fees may vary in other banks.

Credit Card Limit and Charges

Most credit card companies allow cardholders to spend up to a certain limit above the credit limit. But in most cases, this extra limit is used to get surcharge or additional interest within one month. To issue a credit card, you are given a form to fill. It contains details of your personal details besides employment and income etc. Based on this particular detail, the credit card company first checks your civil TransUnion score and civil report. Through it, the record and history of your borrowing and repayment are known. If your civil TransUnion score is favorable to the credit card company's deduction limit, after satisfaction with it, it proceeds towards revising the interest rate and conditions to be collected in addition to your credit card limit. You can spend up to a certain limit by crossing the credit card limit,

How to use the fraudulent plastic money before you know how fraud can be with you.

➤ Frauder can often call you and find information related to your card like card number, CVV, expiry date etc.
Skimming: Skimming device is installed in the card reader slot of ATM. When you put your card in the machine, this device stole all your data. Fraudsters can also know your PIN by putting a camera near the machine.
➤ Card trapping: This is a barb or a fork. Through this, your card is trapped in the machine. It can be removed later.
Shoulder Surfing: If someone comes to help you when needed in the ATM booth, he can try to see your piracy steal.
Writing Confidential Information: If you have written on your PIN card and you forget him somewhere then understand that you have simplified the job of the thief.

Online transactions

➤ Your phone or computer stores your data while e-shopping or online payments.
Apart from this, you can also be framed with phishing, public WiFi, malware, unsafe applications.

How to Avoid Fraud

Keep in mind while using an ATM
➤ Before using ATMs, check that the machine is damaged, more old, open, broken, then not.
➤ Cover the ATM keypad when inserting a PIN -
➤ Do not help anyone while using ATM - Do
➤ Not let anyone else in the ATM booth come with you. However, it is written in most booths that once in a single customer booth. If still somebody comes after you, then refuse him.

Online Precautions

➤ Use a secure website (Avoid giving your card details in the URL of the website that begins with HTTP: //. Give your card details on the URL that starts with https: //).
➤ Keep anti-virus
➤ using a virtual keypad when you enter the CVV number on a website three-digit growth on the back of the card
➤ when online transactions public Do not necessarily use Aifai
➤ Keep feature alerts every transaction. Can contact your bank for this.
➤ Change the password from time to time. However, at some intervals, your password automatically expands on many bank websites. You are asked for an old password before you create a new password when you log in.

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