Debit card fraud occurs when an unauthorized person uses someone’s debit card to make transactions or withdraw funds. This type of fraud can lead to significant financial loss and stress for victims. Scammers use various methods such as skimming, phishing, and hacking to capture your card information, so it’s important to stay vigilant. Key takeaway:

Debit card fraud is a growing concern that can have devastating effects on your financial security. When criminals gain unauthorized access to your debit card information, they can quickly deplete your bank account, leaving you scrambling to recover lost funds. If you find yourself a victim of debit card fraud, it’s crucial to act swiftly.

The financial world has changed, with the shift from person-to-person transaction to person-to-online application transaction. Financial technology (fintech) companies offer various forms of financial applications in the market, which make financial transactions easy and fast, without queuing and all in real-time.  Slowly closing are financial institutions housed in huge buildings, where everyone is ruled by