Be Careful When Using The POS Machine, See How They Defraud People Using POS.

A new fraudulent act is trending right now in Nigeria, which involves the use of POS(Point Of Sales Terminals). Many of us especially students finds it easier to go to shops to withdraw using POS terminals rather than going to bank.

According to my brother, he went to a shop around Ogba, Lagos state to withdraw using the POS terminals, The Lady in charge of the shop collected his ATM and she slotted it into the machine, after two minutes, she said the POS machine is either malfunctioning or there is no network.

The lady then told the guy that she has another POS machine in the shop,the lady actually brought another POS machine but this is where the fraud comes in.

The guy allowed her to take his ATM card into the shop not knowing she went inside to snap the ATM expiring date, the ATM card number, Account Name and the CVV.

After he finished his transaction, the second day, he started seeing alert of money someone used to buy provision and stuffs online.

Many of us actually thinks they can’t do anything with our bank account unless they have your Pin, which is very false. Although, to purchase things online sometimes require One Time Password that would be send to the registered account phone numberbut we all have to know that it is not all website that does this.

That is why i am using these platform to explain to you how it is done. Please, when you are using the POS machine to run any type of transaction make sure you do not allow anybody much access to it. The ATM card should not go out of your sight and make sure your full attention is with the person handling the ATM, in other to avoid stories that touch.

Published by Infobestz

HI, MY NAME IS VARO STEPHEN. But folks calI mẹ INFOBESTZ. I am a blogger and a freelancer living in Nigeria who love to share informative article updates with my Audience who are article lovers. I created INFOBESTZ.COM to serve as a platform to disseminate quality, credible and dependable information regarding various happenings, discoveries and adventures in Nigeria system and in the world at large..

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