Business / Wifi debit credit contactless card holders alert this will make you worry about your money

New Delhi. If you have a credit or debit card with Wi-Fi, then you need to be very careful. In fact, the danger with Wi-Fi enabled cards is that at least Rs 5,000 can be withdrawn from your bank account without entering the PIN. In such a situation, the question is that if you have such a credit or debit card then how to avoid fraud.

Significantly, Wi-Fi enabled credit-debit cards are also called contactless cards. With such a card, up to Rs 5,000 can be withdrawn from the POS machine without using a PIN. If you have a Wi-Fi credit-debit card in your pocket, then thugs can withdraw money by touching the POS machine in your pocket.

Wi-Fi symbol on contactless card

Maybe you haven't noticed till now. Check it by taking it out of your purse, there will be a symbol on your credit and debit card, which looks exactly like the Wi-Fi symbol, so understand that you have a contactless card. Wi-Fi card does not mean that it works through Wi-Fi. Actually such card works on Near Field Communication (NFC) and RFID ie Radio Frequency Identification (RFID) technology. The range of such cards is 4 cm.

It is necessary to enter PIN for payment of more than 5 thousand rupees

RBI had fixed the limit of payment through this card at Rs 2,000, which has been increased to Rs 5,000. For payment above this, it is necessary to enter the PIN. Payment can be made by touching such card only in Point of Sale (POS) machine. In such a situation, a thug can withdraw money by bringing the POS machine close to this card.

Take these precautions to avoid fraud

>> Turn off contactless payment through the website and app of the bank that has the card.

>> Keep such a card in a case made of metal or keep it wrapped in aluminum foil.

>> Metal wallet can be used to keep Wi-Fi enabled credit-debit cards.

>> Do not hand over the card to the shopkeeper while making payment and get it swapped in front of you