ATM card allows you to 'switch on' off to avoid fraud

ATM card allows you to 'switch on' off to avoid fraud, The instruction is of the RBI

ATM card allows you to 'switch on' off to avoid fraud
TECHNO AMIT




The Reserve Bank of India made the big decision to protect the ATM card. Usually, we call the bank to get a debit card or credit card lost or stolen, to stop it. But this time it will not be so. According to the new RBI directive, from now on you can switch off and debit your debit or credit card at will.

ATM card allows you to 'switch on' off to avoid fraud
FASHION WORLD




ATM card allows you to 'switch on' off to avoid fraud
TECHNO AMIT

The central bank has asked all banks and card issuers to facilitate the timely closing and launch of their customers' debit or credit cards. The option to turn on or off a credit or debit card can be found through Internet banking, ATM machine or mobile app.



ATM card allows you to 'switch on' off to avoid fraud
TECHNO AMIT

According to the RBI, the facility should be available 24 hours a day. However, new benefits will not apply to cards like prepaid gift cards and metro cards. Under the new rules, customers will be able to limit and set transactions. This rule will be effective from March 1, 2020.




ATM card allows you to 'switch on' off to avoid fraud
TECHNO AMIT







Customers benefit from this RBI move. If a debit card or credit card is lost, customers will be able to close it automatically. Also, if you think you may have an ATM fraud, you can turn off the card without calling the bank.








































Hi friends, I am Amit Ghosh. My blog provides latest tech news, tips and tricks about gadgets, software etc.

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