ADVERTISEMENT
  • The Membership Club
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Friday, April 16, 2021
Premium Times Nigeria
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
Debit Cards

Debit Cards

How to protect your Debit Card from fraud

byPremium Times
September 9, 2019
2 min read
ADVERTISEMENT

Debit card fraud is increasing on a daily basis because it is one of the easiest ways to get your hands on cash and at the same pay for online transactions.

The National Bureau of Statistics (NBS) said Automated Teller Machines from selected banks across the country recorded transactions valued at N39.15 trillion in the fourth quarter of 2018.

It said that the N39.15 trillion was derived from 616,528,697 transactions recorded as data on “Electronic Payment Channels in the Nigeria Banking Sector” during the period.

Regardless of this seamlessness and due to increased dependence on debit cards, you have to be circumspect as there are online and offline thieves desperately wanting to steal your information.

They will have unauthorised access to your account if you are careless and you will lose your hard-earned money.

With this understanding, here are ways to protect your debit card from fraud.

Be careful when you use your debit card online

Many pay for their online transactions with their debit cards. However, before you punch in the numbers on your card and make a payment, ensure that the website is safe and secure. If you suspect anything, simply do not use your card. If what you are buying is important, contact the customer service team of the platform you are buying from.

Use ATM at a bank’s premises

Today, you will find ATMs at different locations that are not at the bank’s premises. For whatever reason, you should not use such an ATM. It is advisable to visit the one at the bank. In case of anything, you can easily walk into the banking hall to resolve any issues or lay a complaint.

Protect Your PIN

The way you handle your Personal Identity Number (PIN) can go a long way in determining the degree of your account security. Whenever you perform a transaction, guard your debit card PIN jealously as exposure can be fatal. Be warned.

RelatedNews

Strike continues as FG, governors postpone meeting with judiciary workers

Sunday Oliseh’s ‘Audacity to Refuse’ hits bookstands

Twitter: APC replies PDP, says Nigeria remains Africa’s biggest economy, top investment destination

Malabu: Police quiz anti-corruption activist, Suraju, over Adoke’s forgery allegation

READ ALSO: How Nigerian syndicate defrauded firms, individuals of millions of dollars

Check your card activities regularly

No matter how thorough and protective you are with your debit card and your PIN, you should always check your account activities. There is a tendency for you not to check because nothing has happened to your card. Be proactive and always check your account activities.

Report suspicious activities to your bank

If you notice any suspicious activities with your account or card, do not hesitate to report to your bank as soon as possible. You can reach your bank by calling them, sending them a direct message on social media and chatting them live on their website.

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: To advertise here . Call Willie +2347088095401...


JOIN THE CONVERSATION

  • Disqus (0)
premiumtimes



PT Mag Campaign AD

Previous Post

Kaduna partners Arla Foods to develop dairy sector

Next Post

640 Nigerians set to return from South Africa – Official

Premium Times

Premium Times

More News

Jaiz Bank [Photo Credit: NAIRAMETRICS]

Jaiz Bank deploys NQR code for flexible payment solutions

April 15, 2021
Pipeline breakage costed Nigeria over N50 billion in one year. [Credit: ThisDay]

ANALYSIS: Nigeria spends billions on pipeline maintenance as hundreds are vandalised annually

April 11, 2021
Fidelity Bank

Fidelity Bank posts N28.1BN profit in 2020, announces dividend

April 1, 2021
NNPC filling station

ANALYSIS: Despite govt’s repeated promises, importation of dirty fuels continues in Nigeria

April 1, 2021
Ikeja Computer Village

How much inflationary pressure do ‘Yahoo boys’ heap on Nigerians?, By Oladeinde Olawoyin

March 29, 2021
Nigerian Breweries directors get big pay boost as dividend falls to 15-year low

Nigerian Breweries directors get big pay boost as dividend falls to 15-year low

March 27, 2021
Next Post
South Africa on map

640 Nigerians set to return from South Africa - Official

James Bond (Photo Credit: fandom.com)

James Bond: Nigerian fans react to prospect of female 007

Discussion about this post

Search

#EndSARS: Latest Updates




Polaris Bank


JAIZ Ad


Explore Akwa Ibom Ad


Explore Akwa Ibom Ad


Access Bank Ad


NITDA Ad





Glo Ad

Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,652,526 other subscribers.

Advertisement






netherland biz school Advert



Zenith Advert

ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • Opinion
  • PT Hausa
  • The Membership Club
  • Dubawa
    • Dubawa NG
  • About Us
    • Advert Rates
  • Careers
  • Contact Us
  • Digital Store
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.