How Can I Protect Myself from Debit Card Fraud?
Imagine opening your bank statement and seeing debit card transactions you never made on your checking account. While the realization that your debit card has been compromised begins to sink in, you also notice that these unauthorized transactions have caused your account to become overdrawn. You had no idea about any of this. As your mind races, you quickly realize you need to call the bank, dispute the charges, and figure out what other information of yours was compromised. Your stomach drops as you think about how inconvenient getting everything straightened out will be and you wonder how this could have been prevented.
Now imagine a different scenario in which you receive a notification alerting you that a debit card transaction has been made. You quickly realize this was not a transaction you initiated and that someone has unauthorized access to your debit card. Immediately, you open an app on your smart phone to turn you card “off” preventing further transactions until you can contact the bank for assistance. You experience a tremendous sense of relief knowing that you’re protected and empowered to stop fraudsters in their tracks.
Unfortunately, bank services that provide convenience, such as debit cards, can also be exploited by fraudsters. One of the best ways to protect yourself is to detect fraud early by keeping close track of your checking account. Of course, ENB Online Banking allows you to check your transactions whenever you want, but proactive alerts sent to you in real time are even more effective. That’s why ENB offers SecurLock Equip help our customers keep their ENB Debit Mastercard® safe and secure. This robust fraud prevention mobile app allows you to turn your ENB Debit Mastercard® on and off at the touch of your fingertips 24/7 and establish purchase alerts. It also provides the ability to restrict transactions based on a variety of criteria, including location, transaction type, spending limits, and more. To get started, simply download the SecurLOCK Equip mobile app, set up your user name and password, input your card information and you’re all set!