CASHLESS
ECONOMY: Some good practices to keep your money safe🤑
_*Accounts*_
*1) Make two bank accounts.*
Primary account and Secondary account
Keep
all your money in Primary and never use it for online transactions.
Never
use Primary Debit card anywhere.
Use the Secondary account for all the spending and withdrawing
money from ATM. Transfer money from Primary account when needed and keep
balance under Rs 10,000.
_*Cards*_
*1) Use Credit Card as
much as possible*
So that the liability is on banks. Debit cards means your money
is gone.
In credit card payments banks can delay or revert the fraudulent
payment but not in case of debit card payment. So credit card is safer choice for transactions
If you aren't earning a handsome salary or have bad credit score
just put an FD of 25,000 and get a Credit Card against it. Never ever use your Debit Card for online shopping or at POS terminals.
*2) Get a safer chip based card*
A duplicate copy of magnetic cards can be made in minutes, chip
based cards cannot be copied easily.
*3) Never let your cards out of your sight*
When paying bills at some restaurant, ask them to bring the POS
machine to you or you yourself go to the machine. Also grab that receipt,
check, and tear.
*4) Always hide the keypad*
Those devices that you swipe that card have walls to hide your
fingers so that no one can see what you're typing, that isn't adequate, cover
the top of your hand as well.
Don't punch in the numbers by making a fist and taking the index
fingers out. Instead, type like a person playing the piano, i.e: all four
fingers resting or hovering over the keypad.
_*ATM*_
*1) Always go and inspect the ATM thoroughly*
It hardly takes 15-20 seconds to ensure there's no skimmer in
the slot, no camera of device watching your pin etc. The people behind you can
wait.
*2) Always tear up ATM receipts into pieces before you throw
into the dustbin*
*3) Never display or show off with the money you just got from
ATM*
When the machine gives you cash, count and put that cash inside
your wallet or purse while being in the ATM itself, don't do so while coming
out of the ATM or outside.
_*Phones and Computers*_
*1) Only install apps
from official stores like Google play store or Apple store*
Don't use pirated apps on your phone, it could be infected with
adwares and spywares.
*2) Always update your browsers, apps and antivirus definitions
on your computer*
*3) Always check for HTTPS in your browser when making online
transactions*
*4) Never click on links that arrive in text messages, emails,
WhatsApp*
Some of them run scripts and can send all your info to the
hacker.
If a friend sends you link to check out something on Flipkart,
better go and search that thing yourself instead of clicking the link
*5) Never use any device other than your personal device to
access your account*
You'll often find people suggesting you not to use public
computer systems to access your accounts, but whenever I see any of my
relatives' or sometimes friends' systems, they tend to have some sort of
malware or unwanted but suspicious browser extensions installed.
You cannot be sure how technically sound your relatives/friends
are in protecting their computers, so best to avoid their devices for banking
transactions.
*6) Use two-factor authentication if your bank provides that
option*
Make sure your phone is locked and SMS that you get aren't
visible on the locked screen. If you do not take care of this part, having a
two-factor authentication kind of loses it's purpose, since gaining access to
your unlocked phone pretty much gives someone access to your email ID (to reset
password) and SMS (for two-factor authentication).
_*Passwords*_
*1) Change your netbanking password, ATM pin regularly (3
months)*
*2) Never reuse banking passwords in other sites*
Always have separate banking passwords for all accounts and make
sure they are not even similar.
If you're the kind of person who cannot remember passwords,
write down password hints for yourself such that only you can figure out what
the password is from that hint. This means you cannot use passwords hints like
"son's name + wife's DOB".
*3) Use Keepass password manager if you are tech savvy*
Otherwise write your passwords on a paper and keep it very very
safe
_*Others*_
*1) Stop giving out your phone number and email id.*
Do not register your phone numbers at places where it's not
needed.
Online offers that look too good to be true like '50 lucky
registered winners will get free iPhone 7' actually are too good to be true.
Shopper's stop or Reliance fresh asking you for your phone
number during checkout? Don't give it to them! Your number ends up in their
spamming database. And if any of these numbers end up in the hands of a company
that specializes in scamming, that can land you in trouble.
I've gotten calls from people multiple times claiming they're
calling from my bank (they knew my bank name, my phone number and my name, so I
would suspect they were who they claimed they were). But then they ask you to
verify yourself by telling you your address and other details. Slowly they'll
make their way to your debit card number.
*Do not give out such sensitive details to anyone on phone, even
if they claim they're from your bank, no matter how genuine they sound.*
*2) Don't share your
email id, birth date on social media. If you have FB, then hide them.*
*3) Unlist from
TrueCaller* _How exactly
does Truecaller help the scammers you ask?_
They get your Phone Number from someplace
They get your Name from TrueCaller
Then they Internet Search your name, Get your info like DOB, PAN
With this information they get duplicate sims from your
cellphone provider and Reset your passwords.
*4) Always be safe with money*
There are people inside a bank, one that marks other people
taking out money, other, that's outside and puts a game on you.
These guys are pro's, if they've targeted you, then chances are
there's a very good reason for it. They see you are weakling and either steal
or dacoit, that is what they will do. Rare, but still happens.
A young bodied guy is less likely to get duped, but your mom,
aunt, grandma/pa is a bull's eye for them thieves. Accompany them if you can.
Money is a strange thing, and people will do anything to have more of it.
Do you know..
1) Debit Cards charge between 0.5% to 1% to the retailer Or
money receiver for every transaction.
👈
2) Credit Cards charge beteen 1.5%-2.5% to the retailer of the
money receiver for every transaction👈
3) PayTM/Freecharge/ Jio Money and other E-wallets charger 2.5%
-3.5% when you want to transfer your e-wallet money into your bank a/c
How
can your bank account with internet banking facility can be hacked?
Worth reading...
1. Hacker accesses your name and date of birth from Facebook.
2. With these details he goes to the IncomeTax site and updates
them. From there he obtains the pancard and mobile numbers.
3. Then he gets a duplicate pancard made.
4. After this he lodges a mobile theft complaint in a police
station.
5. With the duplicate pancard he gets another simcard from the
mobile company.
6. Through internet banking he is now ready to access your
account.
7. He goes to the site and uses the forgot my password option.
8. Now he easily gets past other options and gets the Internet
banking pin on his simcard.
This information was issued by the Cyber Cell Police.
All
those who used Net Banking are requested to edit Facebook profile and delete
the birth date and mobile no. as a safety measure.
This forward may actually save people's life and their hard
earned money
*_Please spread awareness_*
