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Question
'Rita' was using a plastic card to withdraw money from a machine set up outside the bank.
- Identify the card.
- Write any four precautions that must be taken while using such a card.
Answer in Brief
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Solution
- The card used by Rita is Debit Card.
- Four precautions that must be taken while using such a card are as follows:
- Memorise your Personal Identification Number (PIN) of card and do not use guessable PINs.
- Do not share your card or PIN with others.
- Shield the keypad while entering PIN at ATMs.
- Report lost or stolen cards or unauthorised transactions on your account to the concerned bank on an immediate basis.
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Electronic Banking (E-Banking) - ATM, Credit and Debit Cards
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