Next time you visit an automated teller machine (ATM) to withdraw cash using your debit card, be careful. A little negligence on your part and you may have to part with your hard-earned money. Here are four ATM thieving tricks used by fraudsters.
While most ATM centres put up a notice saying only one person is permitted in an ATM booth, there are a few ATMs, especially in malls, which don’t have a booth. While using ATMs which are out in the open, ensure that you don’t let anyone shoulder surf you. Shoulder surfing, simply means that a fraudster stands close to you to get the personal identification number (PIN) of your card while you are punching it in. If you think your PIN is compromised, change it immediately. Also, remember to change your PIN on a regular basis.
Here the ATM’s card reader is tampered in such a way that your cards gets trapped in an ATM. Fraudsters then get hold of the card once you leave the premise. If your card ever gets trapped, ensure you call the customer service number and inform the bank immediately. Most ATMs have the customer service number displayed at the booth. However, fraudsters are smart enough to remove the numbers making it difficult for you to call the bank from the booth itself. So it is advisable to save your bank customer care number in your cellphone.
When you make a transaction at an ATM, you get your card back and also a receipt for the transaction. While most customers read the receipt carefully, you simply take the card and keep it back in the wallet without checking if it’s your card which the machine has spitted out. Fraudsters use a card swapping technique, where your card is swapped with another card during the ATM transaction without you knowing. This is done by tampering the ATM machine. While you walk away with a fake ATM card, your card is retrieved by the fraudster later.
Out of Order
At times, fraudsters post message outside the ATM centre stating that the machine is out of order and you should visit a nearby ATM which they have already tampered with.
So be careful while using an ATM. If possible, look for a machine where you don’t need to insert the card into the machine, but where you just need to dip the card in and out of the slot; hence, the card is not swallowed by the machine.