LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » Personal Finance News

Keep these six points in mind for safety of your online bank accounts

As per the Reserve Bank of India data, the digital transactions in the month of April stood at Rs 10,960.22 crore as against Rs 14958.91 crore in March and Rs 10,405.53 crore in December. 

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Keep these six points in mind for safety of your online bank accounts
With the rising digital transactions comes the threat which people often get trapped into. Photo: Pixabay
Written By: ZeeBiz WebTeam
Updated: Thu, May 11, 2017
02:54 pm
Mumbai, ZeeBiz WebDesk
RELATED NEWS
Did your bank deduct charges for BHIM-UPI or RuPay Cards transactions? You will get refund - Here is why Did your bank deduct charges for BHIM-UPI or RuPay Cards transactions? You will get refund - Here is why
RBI offline payments: Allowed! What it is? How it works? Benefits? MUST KNOW DETAILS RBI offline payments: Allowed! What it is? How it works? Benefits? MUST KNOW DETAILS
India a cashless economy? Digital transactions continue to rise, UPI gains popularity; know how digital payment industry see ache din India a cashless economy? Digital transactions continue to rise, UPI gains popularity; know how digital payment industry see ache din
Cash is a pain? Become a cashless king; here is how Cash is a pain? Become a cashless king; here is how
Narendra Modi govt to offer discounts, cashback to you for digital transactions? Find out  Narendra Modi govt to offer discounts, cashback to you for digital transactions? Find out

With growing digital transactions like online payments, e-wallets, netbanking, credit and debit cards online, etc, the need to keep your digital accounts safe is also growing. 

As per the Reserve Bank of India data, the digital transactions in the month of April stood at Rs 10,960.22 crore as against Rs 14958.91 crore in March and Rs 10,405.53 crore in December. 

The digital transactions swinging up and down from past six months or since the announcement of demonetisation in the month of November.

But, with the rising digital transactions comes the threat which people often get trapped into. 

ALSO READ: Debit card fraud? Here's what you must do immediately

Speaking with Zeebiz, Adhil Shetty, CEO & Co-founder Bankbazaar.com, explained six important things every person needs to keep in mind while making digital payments: 

1. Be cautious with public WiFi networks: Make sure to connect to the right network. Hackers often setup WiFi networks with similar sounding SSIDs to lead people into believe there are two legitimate networks. Connecting to such fraudulent networks can lead to a breach of data. Moreover, it is always safer to avoid WiFi networks that are not password protected, especially if you are going to transact financially over the network.

2. Don’t save your card details online: Make sure that you do not disclose your card or accounts details to unauthorized sites or save them on any website. Your financial information can be compromised if these accounts are hacked.

3. Use OTP during transactions: Request for an OTP (one-time password) during an online transaction. This will prompt the bank to send a six-digit number through a text message on your registered mobile number, which is generated and valid only for one transaction. This is a much safer option that the password, especially on public WiFi.

4. Double check before making the payment: Reversing a wrong transaction can be quite a hassle, so it is better to ensure that you have filled in the right details.

5. Maintain Transaction Records: Save the receipts of every transaction as proof of payment.

6. Transact only over secure webpages: As a rule, opt for https over http sites.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Digital transactionsdigital paymentsOnline Transactionssafe digital transactionsSafe online paymentsOnline PaymentsDebit Card Frauddebit card hacke-walletsnetbankingReserve Bank of IndiaRBI digital transaction data
RELATED NEWS
Did your bank deduct charges for BHIM-UPI or RuPay Cards transactions? You will get refund - Here is why Did your bank deduct charges for BHIM-UPI or RuPay Cards transactions? You will get refund - Here is why
RBI offline payments: Allowed! What it is? How it works? Benefits? MUST KNOW DETAILS RBI offline payments: Allowed! What it is? How it works? Benefits? MUST KNOW DETAILS
India a cashless economy? Digital transactions continue to rise, UPI gains popularity; know how digital payment industry see ache din India a cashless economy? Digital transactions continue to rise, UPI gains popularity; know how digital payment industry see ache din
Cash is a pain? Become a cashless king; here is how Cash is a pain? Become a cashless king; here is how
Narendra Modi govt to offer discounts, cashback to you for digital transactions? Find out  Narendra Modi govt to offer discounts, cashback to you for digital transactions? Find out

LATEST NEWS

Kisan Vikas Patra scheme offers 6.9 pct interest; Which other schemes are offering HIGHER INTERESTS - Know here

Petrol, Diesel Price Today – Rates unchanged on Sunday in 4 metros; Do this to get latest prices in Delhi-NCR, Mumbai, Kolkata and Chennai

Covid 19: Railways to fine Rs 500 for not wearing face masks in rail premises, trains

IndianOil Alert – Your Opportunity to earn WHOPPING Rs 2 Cr – Know terms and conditions; Do this and Win BIG

Stock Market Outlook: Anil Singhvi reveals Nifty, Bank Nifty support range; says global markets, Q4 results to drive street

Gold Price Today 18-04-2021 – Be prepared to pay more for Gold, Silver; not just coronavirus, bullion prices may jump because of THIS reason

Medical Oxygen Supply – Centre takes this step to meet demand as cases rise to over 2.6 lakhs

Rajini, Kamal, Mohanlal and many others mourn Vivek's demise

7th Pay Commission Latest News: 'Special Allowance' extended for These Central government employees

Facebook privacy breach - Lesson for Organisations to learn from this

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved