7 ways to protect yourself from credit, debit card frauds
India TV NewsWith more and more people switching to online modes of making payments, the chances of credit card, debit card, ATM cards and banking frauds are on the rise. In a recent development, even the State Bank of India has warned card users to stay alert in order to avoid card skimming frauds, which involves copying data of a credit, debit or ATM card illegally. Though online frauds can be controlled by keeping your card and banking details confidential, there are other steps that can be followed to avoid falling prey to debit card frauds. Banks will have to prove customer liability to deny refund in case of fraud Bank can deny you refund if it finds that as a customer you shared your credit or debit card details or any information that eventually resulted in you losing your money.