bankingciooutlook

Tips to Prevent Credit Card Fraud

Banking CIO Outlook | Monday, June 07, 2021

Holding credit cards safe from hackers is one of the safest ways to prevent credit card fraud. Putting credit cards in a pocket or wallet that is close to one's body and cannot be quickly snatched.

Fremont, CA: One's credit card information is vulnerable to hacking in today's information age. Users should, however, try to prevent credit card fraud by keeping their credit card details extra safe. They should always be on the lookout for scammers who may try to trick them into providing their credit card information.

Keep Your Credit Cards Safe

Holding credit cards safe from hackers is one of the safest ways to prevent credit card fraud. Putting credit cards in a pocket or wallet that is close to one's body and cannot be quickly snatched.

Users can wear a smaller purse if they are shopping in a high-traffic area, so it's more difficult to steal or get into. One can bring just one or two credit and debit cards. One will be using it every day for both men and women. Users can keep other credit cards at home.

Thieves can photograph one's credit card with a camera or mobile phone, so one should not leave it exposed for any longer than required.

After making a purchase, one should immediately put their credit card away. Before leaving the store or restaurant, one should double-check that they have their credit card back in their hands.

Be Careful About the Disposal of Credit Card Billing Statements

One should not throw out their credit card billing statements. They usually have full credit card numbers written on them. One can shred them to prevent dumpster divers from obtaining their credit card information. The same is true for old credit cards that have expired or have been canceled.

One can take it a step further and separate the shredded pieces into various garbage bags in case any willing criminals want to reassemble the shredded pages.

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