Card cloning is a form of electronic fraud where a scammer copies your card details onto a new card. Using a credit card cloning machine, fraudsters may replicate your card's confidential data and make transactions without your knowledge. This is an illegal activity and is strictly prohibited in India.

 

Since the cloned card carries the same details as your original card, the fraudster gains access to your account information, leading to higher risk of unauthorised transactions. It is important for you to stay vigilant and take steps to protect your card details, as this type of fraud can happen without your immediate awareness.

Credit Card Cloning: An Introduction

Credit card fraud is a growing concern, with various methods used by scammers to steal and misuse card information. Credit card cloning is one method where your card details are copied onto a new card. The scammer uses this cloned card to access your funds, leaving you to bear the charges.

 

In the past, most of these frauds occurred with cards that lacked chips. Today, credit card information is securely stored in a chip, and the use of encrypted chip cards helps prevent cloning. Additionally, setting a strong PIN adds an extra layer of protection against such scams.

Understanding How Card Cloning Works

This type of credit card scam does not require stealing the physical card. Instead, a cloning device is plugged into a card reader, electronically capturing the card details when you are completing a transaction. Once the data is copied, it is transferred onto the magnetic strip of another card.

 

Typically, the victim remains unaware until fraudulent transactions occur. These devices are usually attached to card readers, such as Automated Teller Machines (ATMs) or Point of Sale (POS) machines at retail stores.

How to Prevent Credit Card Cloning

To protect yourself from credit card cloning, you can follow certain simple steps and learn to be cautious. Here’s what you can do: 

  • Check for a Cloning Device 

These devices can vary in size, with some being small and hard to detect. Always inspect ATMs at remote locations for unusual attachments before using them. Fraudsters often target these locations to install cloning devices. 

  • Keep an Eye on Your Card Statement Regularly

Regularly review your credit card and account statements to spot unauthorised transactions. Monitoring your accounts helps you detect fraud early and report it before further damage occurs.

  • Sign Up for Transaction Alerts

Enable SMS or email alerts for every credit card transaction. These alerts allow you to identify unauthorised transactions as soon as they occur and notify your bank to block fraudulent activity before any funds are transferred. 

  • Use ATMs Attached To Bank Branches

Choose ATMs located next to bank branches over those at gas stations or retail outlets. Bank ATMs are more secure and less likely to have cloning devices installed, reducing the risk of fraud. 

  • Use Contactless Payment Features

Take advantage of tap-to-pay or contactless payment options. By scanning QR codes or tapping your card, you can minimise the chances of cloning.

Steps to Take If You Detect Fraudulent Activity

Facing credit card fraud can be stressful, but prompt action can protect your finances. If you suspect an instance of fraud, follow these steps:

  1. Report the suspicious activity to your card issuer, who will block the card, replace it, and compensate for the financial loss as per policy. 

  2. Change passwords and enable two-factor authentication if your login credentials are compromised.

  3. If the issue is not resolved within 90 days, report it to the RBI by calling 14440 or filing the report at the National Cyber Crime Reporting Portal. 

  4. Regularly check credit card statements for unauthorised transactions and report them promptly to your issuer.

Safeguard Your Cards with CPP Wallet Care

It is now more important than ever to protect your card from potential scams. A Wallet Care Plan can help by providing coverage in case of card loss or theft. You can block the card instantly to prevent any financial damage and get coverage in case of unauthorised use.

By choosing the CPP Wallet Care Plan on Bajaj Markets, you can safeguard your finances. This plan starts at ₹699 per year and offers coverage of up to ₹1 Lakh in the event of card loss or financial theft. Additionally, you can enjoy free OTT subscriptions, 24*7 card-blocking services, and complimentary replacement of your Aadhaar and PAN cards.

Frequently Asked Questions

Can ATMs detect cloned cards?

Yes, many ATMs and retailers now use technology that can detect cloned or duplicated cards by flagging them as suspicious. This helps protect customers from potential fraud.

What happens if someone cloned my card?

If someone clones your credit card, they can use your card's details to make unauthorised transactions. In case this happens, report the fraud to your bank immediately and ask them to block your card to prevent further transactions. Follow up to ensure unauthorised charges are reversed and request a new card.

How do I stop my card from being cloned?

To reduce the chances of credit card cloning, keep these points in mind:

  • Check ATMs for cloning devices

  • Use bank-operated ATMs for added safety

  • Never share your card details like PIN, CVV, or number with anyone

  • Review your credit card statements regularly

Can your card be cloned using contactless mediums?

The chances of credit card cloning while carrying out contactless payments are generally low. These payments are secure because the chips are nearly impossible to tamper with or clone.

Can ATMs detect fake money?

Yes, ATMs are equipped with technology to verify and detect fake currency notes. If you encounter suspicious notes, report them to your bank immediately.

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