Sri Lanka's Central Bank urges ATM customers to use microchip cards to avoid fraud

          Source: Xinhua| 2019-02-07 16:51:06|Editor: xuxin
          Video PlayerClose

          COLOMBO, Feb. 7 (Xinhua) -- Sri Lanka's Central Bank on Thursday urged customers withdrawing cash through the Automated Teller Machine (ATM) network to use cards with an electronic chip (EMV) to avoid fraud.

          In a statement, the Central Bank said that while payment cards provide customers the convenience of withdrawing cash through ATM network and transacting through merchants worldwide, there is a possibility that ATM and card reading machines can be abused by criminals in order to steal customer funds from their accounts.

          "Few incidents of fund withdrawals using fraudulent payment cards were reported in the recent past. Central Bank of Sri Lanka, Lanka Clear (Pvt) Limited and licensed banks have initiated several measures, in addition to measures that are already in place, to mitigate such situations and enhance the security of customer funds while ensuring the safety of the banking system," the Central Bank said.

          "In order to strengthen the security of ATM transactions, customers are required to use EMV enabled payment cards. The EMV enabled cards carry an electronic chip which is visible at the front of the card. If the card used by a customer is not EMV enabled, a request can be made from the relevant bank to issue an EMV enabled card," the Bank added.

          The Central Bank further informed customers to exercise due care and vigilance when using payment cards and ATMs in order to ensure the safety of ATM transactions.

          Any unidentified or unauthorized transactions and lost or misplaced cards should be notified to the relevant bank, immediately, the Bank said.

          TOP STORIES
          EDITOR’S CHOICE
          MOST VIEWED
          EXPLORE XINHUANET
          010020070750000000000000011100001378049421
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  日韩精品欧美专区国内精品 | 色色资源网一区二区免费 | 亚洲精品视频福利 | 又色又爽又黄的视频日本 | 午夜福利成人污在线观看 | 日本三级香港三级三级人a 起碰97视频在线观看国产 |