SBI starts blocking insecure ATM cards, yours could be one of them SBI Debit cards may be blocked by 30 september, SBI account holder? Here's why your ATM card could be blocked
SBI starts blocking insecure ATM cards, yours could be one of them SBI Debit cards may be blocked by 30 september, SBI account holder? Here's why your ATM card could be blocked
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a bid to stop online forgery, scams and malicious attacks targeting online banking, State Bank of India (SBI) has started blocking insecure and old ATM cards.
The bank is replacing the existing magnetic stripe (called magstripe) debit cards with RBI-approved EVM Chip debit cards.
This means that those who are carrying magstripe SBI debit cards may soon find their card blocked. These users should change their card to the EVM chip card at the earliest to avoid the blocking
Some SBI account holders are receiving messages from the bank stating that their debit cards have been blocked permanently. The reason behind the blockade is that the bank has decided to replace Magstripe Debit Cards with EVM Chip debit cards for security reasons
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SBI starts blocking insecure ATM cards, yours could be one of them SBI Debit cards may be blocked by 30 september, SBI account holder? Here's why your ATM card could be blocked
Monday, 21 August 2017
SBI starts blocking insecure ATM cards, yours could be one of them SBI Debit cards may be blocked by 30 september, SBI account holder? Here's why your ATM card could be blocked
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