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You've Been Using Debit Machine Wrong All Your Life 

It seems like wherever you go, thieves are after your money. Ever since the money went from paper to plastic (ATM cards), robbers and thieves are coming up with ways in order to clone your ATM cards and use it to their advantage. There are various con machines created by them in order to use your information inside your card and use your money. 

But lately, con artists have been cloning debit machines that are available for card transactions in stores or anywhere else. They try to clone the magnetic chip in the ATM card so that a duplicate card can be created and used. 

So, how can you be alert when your ATM card is being cloned? Read more to find out.

Read also - You've Been Using The ATM Machine Wrong All Your Life  

You've Been Using Debit Machine Wrong All Your Life 

You've Been Using Debit Machine Wrong All Your Life 

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  in Science & Technology

Thieves are coming up with ways to clone the magnetic strip inside your card. 

Thieves are coming up with ways to clone the magnetic strip inside your card. 

Even after a lot of research, banks couldn't make a way to make the strips inside completely secure from theft. 

Finally, banks have found a way the strip inside the card changes its data with every transaction.

Using Debit Machine Wrong Way

So, even if thieves have the information on your strip, they wouldn't be able to use it. 

But, it won't do you any good if you're stuck with a debit machine that doesn't have a chip reader. 

Using Debit Machine Wrong Way

Earlier, if you have suffered from a card theft, the banks would cover for your loss. 

Earlier, if you have suffered from a card theft, the banks would cover for your loss. 

But with the invention of these magnetic chips, it passes on the responsibility to the company that designed the ATM cards.

Sometimes the merchants would cover for the fraud. 

Using Debit Machine Wrong Way

But it could also happen that the company cannot afford to do so and then you're left with a big loss. 

But depending on how much of money is lost, you could end up losing a lot. 

Using Debit Machine Wrong Way

That's why retailers are being pressured to install a chip reading system in their debit machines. 

At the moment, if the debit machine has no chip reader in it, you are recommended to pay by cash. 

Using Debit Machine Wrong Way

Keep a close eye on your bank account details and check for any unusual activity on your card. 

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