Is Your Money Safe?
Last weekend, Montreal police arrested 12 people with counts of debit card fraud. And, I don’t know if this is a coincidence but my stepmom-in-law had money stolen from her bank account because of credit card fraud.
These people were busted for performing transactions for debit card information that was scraped in Thunder Bay (My City-woo!).
How can I prevent people getting skimmed in my store, you ask? Simple, just check the serial numbers on your POS system equipment. The supplier of the equipment will be able to verify if the serial number is valid. Criminals switch out these systems with replicas that skim the card and pin numbers of the cards that are swiped through.
If you aren’t sure if your Point of Sale sytem is okay, then don’t use it until your local police check it out.
If you think your bank account has been compromised, talk to your local branch about it and inform them of your worries.
Most important tip of all, ALWAYS cover up the keypad when entering your pin.
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Ned Carey (2 comments)
8 Apr, 2009
I think I follow you here. Are you saying the the crooks replace the credit card machines in a legitimate retailer and then they are able to get the info from their own machine? That’s scary.
Ned Careys last blog post..How to Negotiate a $1.5 Million Home
ecommerce cart (3 comments)
8 Apr, 2009
Yeah it’s better to wait couple days and check everything thouroughly than be implicated in crime. Even if it’s something as “innocent” as fraud.
EmmaB (62 comments)
8 Apr, 2009
@Ned Carey Yep, the police told us that many times the retailer, and their employees don’t even know!
Fashion Shop (3 comments)
14 Apr, 2009
I don’t really cover up the keypads when I’m keying in the digits.Guess I should be ultra careful now after the news.
Lester (1 comments)
22 Apr, 2009
I never thought this things would even happen, thanks for the tip. I’ll be more careful!
jay @ work at home (1 comments)
1 Aug, 2009
I don’t know, today I just go straight to the bank and withdraw my money. It’s much safer that way than any other way.
redhawk at the ridges real estate (1 comments)
22 Aug, 2009
This was the tip given by my uncle recently about covering while typing pin. Few more tips were given by a friend that don’t share out your personal information (credit card numbers or bank a/c number or anything) with your friends etc. He told me a couple of cases of fraud like this and also don’t note down your pin anywhere in your mobile etc anywhere!