How Debit/Credit Card Details Are Used to Steal Your Money

What do you protect—your physical debit Card or credit cards or your card PIN? Does it bother you much when you misplace your ATM card?

I was once playing with a friend when he handed me over his ATM card with the remark that I should go and withdraw his money if Icould.

That statement got me laughing. That is because he is my friend, without that, an empty bank account would have been his portion.

I know many today still believe or think that without their ATM card four-digits password pin, people can’t steal money from their bank account.

Some even keep their card carelessly thinking that so far no one knows or has their pin their account is safe.
Can I shock you?

With the sixteen-digits code written on the front of your ATM Card,
-the three-digits security number at the back of your ATM card near the bar code and
– your ATM expiry date and name; money can be withdrawn from your bank account.
Are you surprised?

Note These About Your Debit/Credit card details:

The truth is that one can copy the above-listed details from your Card and still steal your money without even taking your ATM Card along or asking you for your pin.

Also, with the advent of contactless debit/credit cards, what people need to steal your money is to tap the card on a machine. So, protect your physical card as much as you protect the details and PIN. Once your card has the WiFi logo or symbol on it, that shows it is contactless.

Your Friends Also Read This: How Your Bank Account is Hacked-Common Tricks

Your debit card’s four-digits password is not the only thing you should protect; you should protect also the Card details written on your card from people’s access.

Another thing you should be conscious of is the websites where you input your debit/credit card details. Mind sites where you input your card details. They might be an open door to hackers’ access to your bank account.

Also, be careful and pay attention while buying or paying for things in a POS terminal using your credit card. There are devices that can copy or duplicate your card details with a single swipe. An example of such devices is in the image below.