unauthorized transaction on debit card India

This blog post to share about how does it happen unauthorized transaction on a debit card in India, and what are the ways to be safe from unauthorized transactions ;

These following methods will help to get money back from unauthorized transactions, first of all, we should know about how unauthorized transactions occur ;

unauthorized transactions to known is as fraud way of initiating transactions from a bank account, if transaction initiate without an individual’s grant permission ,

automatic deduction from a bank account without a permit lay an unauthorize transaction always bring unhappiness, which shows the account is not secured;

thus it arouses to block net-banking, UPI, Debit card, and so on, i.e all modes of bank account often utmost necessary to get all these modes blocked;

basically, four types of fraud transaction ways, Phishing, skimming, vishing, and smishing, which we should be aware of.

Let’s understand these all ways of fraud transactions and also will know what are the ways to be safe from the fraudster

Fraudster always in quest of embracing criminal activities such as deduct money from a bank account, or steal the data, credit card details, debit cards details, and so on,

let’s say suddenly you receive an SMS for an amount debited from the account through an ATM card while you are not using your debit card at that, how offense it is ,

how does unauthorized transaction happen on the debit card

A really important fact to know about a transaction made through debit card either POS transaction or online transaction, fraud happens not through only one way but fraud ways could be more than one ways on debit cards itself;

a fraudster always in search of seeking debit cards details while a user uses his/her debit card online on international transaction because mostly unauthorized transaction seen in India on international sites;

therefore for Indian people, my recommendation not to use debit cards more on international sites; before debit cards details shared on any international sites, make sure that the site is fully secured,

after making transactions using debit cards. don’t forget to delete debit cards details on that same sites; keeping with the same debit card pin for a longer time is also not my recommendation;

Generally, Phishing ways of fraud is more dangerous, receiving unusual mails, sharing details on unsecured sites,

clicking on unusual mails you receive on email id or Gmail id ,leads to increase fraud, not only this ,

you might have noticed you receive SMS on your mobile number related to Bank offering you loans, or you can get such amount credit in your bank account with one single click; such SMS could be smishing case of fraud;

such type of mails or SMS via text could be from a fraudster; never click on such link without knowing details, immediately ignore that message; and call in customer care whether such offers are available from your bankside;

keep changing debit cards pin at a certain period of time so that former debit card pin no longer to use; in case of debit card shared to specific sites, where it could be chances to be a fraud;

the bank never allow sharing all confidential details such as debit card pin, OTP, debit card number, and so on; just with the purpose of keeping account safe;

but unknowingly such misleading fraud come across which leads to unhappiness ,

Another fraud ways are vishing is related to calls you receive and they do say; this call is from this and that BANK and we are providing you such offers on bank behalf; just listen to them carefully but do not accept them what they are trying you to do

What to do payment declined by bank

What to do in case of fraud happened on debit card

So far we have understood why fraud happens on debit card ;but the thing is what should we do in case of fraud on debit card

first thing, immediately get the debit card blocked to stop further transactions without a permit; in case of doubt also the same thing is necessary;

always keep checking bank account details using net-banking, SMS banking, mobile banking, whichever is applicable for your case;

doing this makes you aware of the current information of your bank account;

During ATM transaction make sure you check that ATM inserts panel before you insert a debit card in ATM; by shaking, in case if a fraudster might have used any secretive tool, you can be cognizant of; because there may be ATM skimming case

When it happens with you did not withdraw money from an ATM machine using a debit card; and receive a balance withdraw SMS on your registered mobile, in this case; you are the victim of an ATM skimming case.

so immediately call in customer care of the same bank you have a bank account with; and do raise the complaint against it;

know the reason for why Phonepe decline transaction

These above details are all about fraud ways

How to be safe from fraud happening

The utmost essential information is to keep bank account safe from fraudster with the following safe banking tips; as above all types of fraud ways have been shared and how you may understand that how you follow .keep importance.

Follow these steps to be safe from the unauthorized transaction and to stop it to never happen

  • Phishing– Never reply in return for you receive unusual mail on your Email id or Gmail id, without knowing, doing click on such mails can hack your data and thus higher chances to be a victim of a Phishing case;

if you want to see how such emails look like you can see the below pic; similar kind of mails you receive on your email id

How to be safe from fraud happening
  • Skimming case – when debit card Skimmed, this condition you come across with, so better to check ATM machine during Debit card insert into ATM machine. if not you can click here check for how to be safe from this case

check whether any Skimming device is not attached with that ATM machine, and also check the approach area of you enter your card pin and amount ;

  • Vishing – If you receive a call from an unknown number and on-call they do ask to share your bank details; never do that, the bank never asks for it;
  • Smishing – when you receive an SMS on your mobile number is linking to your bank account; do not respond to that SMS may make you a victim of Smishing case of fraud ;

Such kind of SMS/messages are an alluring type of SMS so that user reply to that text and get hacked,

how to get money back from unauthorized transaction

Note please. the bank should know about the unauthorized transaction as soon as possible from the fraud transaction time if the bank receives such information with a delay. from the bank account; the user has to bear such penalty;

the bank provide a certain period of making complaint towards any transaction goes wrong; so do raise a complaint as soon as possible; so that bank can start investigating towards your complaint

after you raise the complaint in the bank so do wait till the notice period of transaction turn around time,

and take the complaint number if it is possible;so that further investigation may complete on time and with that complaint number, you can lodge an FIR

do not forget to ask about terms and conditions from the bank ask you to provide the details you should provide with that; such as FIR file

once turn around time complete from complaint time, you may get a refund; this blog does not assure you will definitely get a refund but getting a refund is subject to your bank approval;

hope this topic is clear to all of us in case of any doubt feel free to ask and also do not forget to share; thanks for visiting this site, stay safe, live healthy,

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