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ATM Viral News: No matter how much UPI has captured the market, the need to withdraw money from ATM still arises. You too must often go to withdraw money from the ATM, but do you know what will happen if you press the cancel button of the ATM twice. These days it is being discussed a lot on social media and people are giving information as per their own. We have brought real information about it for you.
No matter how much UPI has captured the market, the need to withdraw money from ATM still arises. You too must often go to withdraw money from the ATM, but do you know what will happen if you press the cancel button of the ATM twice. These days it is being discussed a lot on social media and people are giving information as per their own. We have brought real information about it for you.
These days it is being discussed on social media that if you want to protect your PIN from being stolen, then press the ‘Cancel’ button twice before entering the PIN in the ATM. These days, the messages going viral on Facebook and WhatsApp are claiming that if you press the cancel button, this trick will catch the hackers and your money will also be safe. It is written in the viral message that ATM fraud is continuously increasing in the digital era and to avoid this, it is important to know the truth about the cancel button.
In this message going viral on social media, it is being said that if you press the ‘Cancel’ button twice before inserting the card in the ATM, then your card and PIN number will be saved from being hacked. It is also being claimed in the viral message that if thieves install a skimming machine in the ATM to steal your PIN, then pressing the cancel button twice will prevent the hackers from succeeding and you will be saved from fraud.
This news going viral on ATM PIN had so much impact that the government itself issued a statement on it and told the truth. PIB has said in its fact check that the talk about pressing the cancel button in the ATM is 100 percent fake and there is no truth in it. Quoting the government and RBI, it has been said that this news going viral on social media is completely false and do not believe it at all.
In the statement issued by RBI, it has been said that the central bank has not given such advice to anyone and the cancel button in the ATM is only there so that if you accidentally press any other button, then your money does not get lost due to the transaction. You can stop your transaction whenever you want by pressing the cancel button. At present this button has nothing to do with PIN theft, hacking or card skimming.
Many people raised questions on social media that if the theory of cancel button is wrong then is the talk of fraud in ATM also wrong? but it’s not like that. There have been many such incidents where thieves do card skimming. This means that they steal your card information by installing a machine at the card slot and do phishing through it or they commit fraud by tampering with the keypad and steal your money.
Cancel button may not save you from fraud in ATM, but if you check the slot and keypad of the card thoroughly before inserting it in the ATM, then it can definitely be avoided. If you find anything strange or there is any device installed there, then use the ATM only after removing it or use another ATM and definitely complain about it to the bank.
Some more awareness is also necessary to avoid fraud in ATM. Get SMS and email alerts for your transactions at the ATM, so you will know as soon as money is withdrawn from your account. Apart from this, keep changing your 4 digit PIN every 3 to 6 months to avoid ATM fraud. Always make your PIN difficult and avoid easy PINs like 1234 or 2222.
If ever your ATM card is stolen or lost, call your bank without any delay and get the card blocked. Apart from this, sometimes the card gets stuck in the ATM or the machine itself suddenly breaks down, so keep in mind that do not ask for help from any stranger. It is possible that he is a fraud and can steal your card information and withdraw money.
