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Home Education What Is Card Skimming?

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What Is Card Skimming?

What Is Card Skimming?

Wednesday, December 21, 2016, 7:22 PM

Card skimming is a card fraud, where fraudsters use a small electronic device called skimmer, to steal your card information. This happens when your card is inserted into electronic devices like POS/ATM. Your card gets run through a skimmer and the device captures and stores key information from your credit/debit card. Fraudsters then use this information, to withdraw money from your bank account.
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