Customers have been informed on how to use PIN numberless WiFi cards safely by bank staff. To attract new clients and retain existing customers, public and private banks introduce new plans and services on a regular basis. In this regard, banks have launched 'Contactless Cards,' which are WiFi cards. Despite the fact that these cards have been in use since 2015, banks are actively promoting them to their clients. Furthermore, the Reserve bank has mandated that all cards, including debit and credit cards, be Wi-Fi enabled. In addition, the Reserve bank has established guidelines for safe usage of these cards.

Banks, on the other hand, are not doing a good job of boosting consumer awareness. As a result, clients may lose money on occasion. Officials from the bank on how to use WiFi cards safely: This year, the borrowing amount for a WiFi card has been raised from Rs 2,000 to Rs 5,000. These cards, unlike ordinary ATM cards, do not need to be swiped on a swiping machine. It's also not necessary to input the PIN code. The money will be deducted if the swiping machine has already seen the card.

Cover WiFi cards with aluminium foil sheets before putting them in the purse. Alternatively, RFID covers with metal plates can be used. Even if we carry a swiping instrument near our pocketbook, this will prohibit them from extracting money. Also, only individuals who are confident in their ability to use WiFi cards should do so. For individuals who can't use a standard PIN card.
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S Venkateshwari

30/10/2021 12:37 PM