Things you must not allow a POS Agent to do with your ATM Card

Things you must not allow a POS Agent to do with your ATM Card. These three things are recommended for you for security reasons.

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Things you must not allow a POS Agent to do with your ATM Card
Things you must not allow a POS Agent to do with your ATM Card

Things you must not allow a POS Agent to do with your ATM Card. These three things are recommended for you for security reasons.

OS, this is otherwise call Point of sale, it provides services that help us withdraw and send funds conveniently.  We know that in this era, every street now has a POS center, where you go to withdraw money to avoid the stress of going to the bank or ATM Machine to withdraw.

With POS Centre, you don’t need to go to the bank to conduct your daily transactions; instead, go to the POS center and conduct any transaction you like, but you must be very cautious while withdrawing money from the POS agent.

However, detecting fraudsters among POS Agents is extremely difficult. A lot of POS Agents are using the privilege of being an Agent to obtain information from customer’s ATM cards.

On this page, I’ll explain in details things you shouldn’t allow a POS agent to have access to with your ATM Card because allowing a POS agent to do contrary to these three things might cause you a very big problem.

1. Avoid asking your POS Agent to insert your ATM PIN for you.

Just like Some of the POS workers will do, they will request for your ATM PIN in order to enter it for you. Please double-check that you entered your PIN on your own.

The reason for this is because some POS machines can save ATM Card information, they cannot store your Pin. If the agent assisted you in entering your PIN, they can later use it to remove money from your account.

2. Do not allow the POS Agent to withdraw money on your behalf using his Android phone.

In this case, some POS agents may claim that their POS Machines aren’t connected to the internet and will withdraw money for you using their Android phones.

Let me tell you something you don’t know about those internet platforms that POS agents use to withdraw money for consumers when their POS machines’ networks are down.  The information from ATM cards is stored on these web platforms. If you enable an agent to withdraw money for you using his Android phone, your ATM card information will be saved on his phone.

One day, they will just use your ATM card to make internet purchases. If his POS machine isn’t connected to the internet, you can move to another nearby ATM centre.

3. Never Allow a POS Agent file a Dispense Error Complaint on your behalf

If you have a dispensing error while withdrawing money from a POS machine, I recommend going to the bank by yourself to file a complaint. A POS agent will ask for your card information so that they can file a complaint with your bank on your behalf.

On Facebook, Twitter, or Instagram, he will send your bank account information to your bank. The money in your bank is no longer safe after his social media was hacked by hackers.

Conclusion

The aforementioned three things are very important. Please you must follow them if you don’t want to be scammed by fraudsters.

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