Business
E-PPAN Advices Nigerians On Tansactions
The Electronic Payment
Providers Association of Nigeria (E-PPAN) has advised Nigerians to be security -conscious when making electronic transactions, especially during festive period.
The Media and Strategy Development Manager of E-PPAN, Mrs Sylvia Ntia, who gave the advice in a statement in Lagos, noted that fraudsters use festive seasons to carry out nefarious activities.
“Be it shopping physically at merchant outlets using the POS terminal, mobile Banking/Payment, online transactions or even at the ATM, Nigerians are advised to be security-conscious.’’
She said it was the duty of individuals to consider safety in all transactions.
“Like we always tell consumers, it is very safe to use any of the payment instruments, but to minimise the chances of becoming a victim of electronic fraud,we advise consumers to follow some safety tips.
“Look after your cards and card details at all times; try not to let your card out of your sight when making a transaction, and don’t leave your cards unattended in public places.
“We emphasise that never share your PIN with anyone; ensure you are the only person that knows your PIN,’’ she said.
She said a bank will never ask a customer to disclose his or her PIN, adding that people should avoid using ATM at isolated locations, especially at night and weekends.
“At the ATM when entering your PIN, stand close to the ATM, use your free hand and your body to shield the number in case someone is watching you over your shoulder.
“Once you have completed a transaction, put your money and card away before leaving the ATM.
“If the ATM does not return your card, report it immediately to your service provider; destroy or, preferably, shred your ATM receipts, mini-statements or balance enquiries when you dispose of them.
“If you think someone has seen your PIN, you can change it at the next ATM or by contacting your bank.’’
She also advised those traveling overseas to call their financial service providers and inform them of their location of travel.
When overseas, people should not let their cards out of sight, and should report any unfamiliar transactions to their financial service providers as soon as possible, she said.
She also said that those doing online transactions should only shop on secure sites.
“Before entering card details, ensure that the locked padlock or unbroken key symbol is showing in your browser.
Business
KALCCIMA PROMISES KALABARI ECONOMIC GROWTH, INAUGURATES NEW EXECUTIVES
Business
NCDMB Begins Nigerian Content Research, Innovation and Technology Challenge
Business
Ikuru Town Issues Start-Up Grants, Packs To Skill Acquisition Graduands
-
Featured4 days agoFubara Redeploys Green As Commissioner For Justice
-
Sports1 day agoAFCON ’25: Osimhen Not Worried By Yekini Comparison, Pressure
-
Politics1 day agoYou Have No Power To Drop Me, Ekiti PDP Candidate Tells INEC
-
Business1 day agoKALCCIMA PROMISES KALABARI ECONOMIC GROWTH, INAUGURATES NEW EXECUTIVES
-
Sports1 day agoOgoni Nation Cup : Coach Praise Players In spite 2-0 Loss
-
Sports1 day agoRemo Stars set for Ikenne return
-
Sports1 day agoChelsea Set To Part Ways With Maresca?
-
Sports1 day agoSoname Calls For NPFL referees demotion
