It is no longer news that transaction via the point of sale (POS) is now one of the common ay Nigerians deposit and withdraw money because of the accessibility and convenience involved.
However, scammers are trying everything in their capacity to scam people of their hard-earned money by sabotaging the POS procedure.
In the latest way that scammers developed, fraud case has been recorded by security operatives from several people recently.
It is a fact that fraudsters are now working as POS operator, which now gives them room to easily access people's ATM cards.
So, it first starts, when a customer wants to withdraw, they will collect the customer's ATM card and put it into the POS machine. However, underneath their POS machine, there is a smart scan card that will instantly scan the customer's ATM card, especially the serial number, date, and CVV code of the card.
These details will now be used by the fraudster to buy something on some dark websites that don't require OTP before processing a transaction.
The fraudster will start executing the operation, a few hours after the customer has left their place after a successful withdrawal of the amount he/she intended to withdraw.
Be careful of the place you withdraw, and also ensure you take the POS machine in your hand when inputting your pin.
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