Major news for credit card holders. We’re living in a digital payment age. Whether you’re grabbing a cup of tea or shopping at a large mall, online payments are everywhere. People are heavily using platforms like Google Pay, PhonePe, and various digital wallets, along with credit and debit cards. But have you ever considered that using a card might come with its own risks?
In India, credit card fraud at petrol stations is becoming more common. Many individuals have reported unauthorized deductions from their bank accounts, often linked to card skimming and fraudulent transactions at these locations.
Card Skimming: Major losses in a flash
Card skimming involves a hidden device attached to a card reader that captures your card information. Each time you swipe your card, this device can access your banking details. Scammers can then exploit this information to drain your account.
To protect your finances and personal data, it’s crucial to be vigilant when using your card at petrol stations. Here are some tips to help you steer clear of fraud.
5 Tips to Prevent Card Fraud at Petrol Stations
1. Inspect the machine before using your card
Before swiping, take a close look at the card reader. If you notice any suspicious devices or loose components, stay alert. Skimming devices are often placed over the card machine to capture your information. You can also perform a “jiggle test” by gently shaking the machine to check its integrity.
If you find that the card reader seems tampered with or damaged, notify the petrol station manager immediately and avoid using that machine.
2. Opt for contactless payments whenever possible
Most petrol stations now offer Tap-to-Pay or mobile wallet options. This technology eliminates the need to insert or swipe your card, significantly lowering the risk of skimming. Use apps like Google Pay, PhonePe, or Paytm, or make payments with a contactless card by scanning a UPI QR code. This way, you can keep your card details secure.
Keep an eye on your bank statements and transactions
3. Make it a habit to check your bank statements and card transactions regularly. If you skip this, you might miss out on unauthorized withdrawals from your account. Aim to review your bank statement weekly and set up SMS and email alerts. If you spot any unfamiliar transactions, reach out to your bank right away. Remember, catching fraud early can help you avoid significant losses.
Watch your card during payments
4. Sometimes, employees at gas stations might swipe your card out of your sight, which raises the risk of data theft. Always use your card where you can see it. If the payment terminal is too far away, don’t hesitate to ask the staff to bring it closer. If you notice anything suspicious, alert the manager immediately.
Stick to trusted and larger gas stations
5. Steer clear of small gas stations with poor security when using your card. Only pay at places equipped with security cameras. When in doubt, opt for cash payments at unfamiliar locations. The chances of fraud are much lower at well-secured gas stations. To protect yourself from credit card fraud, stay alert. Always inspect the card machine before using your card, prefer contactless payments, and keep an eye on your transactions.
If you experience any fraud, contact your bank or credit card company right away and have your card blocked.