Bank of Spain warns of mobile payment errorfreepic
According to data published by the publication Bank of Spainin the third quarter of last year 2023 more than 2.2 million. credit card transactionswhich meant reaching an all-time high. Likewise, according to the latest edition of the Mastercard 2023 Personal Barometer conducted by Inmark, 50.4% of the population already makes payments using a mobile phone, which is almost 70% more than in 2022, when this percentage was estimated at 29.7%.
Some data indicating that Credit cards stored on mobile phones became one of the main means of payment. And payment via mobile phone, as experts themselves note, is a more secure and resistant to possible cyber attacks form of payment. If we add to this comfort and speed What this method offers is the growth of mobile devices as a form of payment. Yes, indeed, Paying with a mobile phone also has its risks. if not used with due care.
This contactless paymentswhether by card or mobile phone, do not require entering a PIN code if the amount does not exceed 50 euros. This means that any movement above this figure will be asked enter passwordwhich inevitably makes us pay more attention to the amount to be paid and the payment process.
In connection with this process, pay attention to the amount, warned the Bank of Spain. And, according to experts, one of the most common mistakes when paying with a mobile phone is do not check the amount before completing the transaction. According to experts from the Bank of Spain, you should check that the amount displayed on the point of sale (POS) terminal screen is correct before confirm to pay.
And the thing is that when generalizing contactlesswhich allows you to make small payments without having to enter a PIN code, many users have become accustomed to simply holding their mobile phone close to the terminal, without paying attention to the amount. A habit that can lead to collection errors or even fraud.
But you need to pay attention not only to the amount, experts also recommend request POS receipt. A small role that the Bank of Spain believes could be crucial to solving any problem that might arise later.
The purchase receipt can be physical or electronic. Comparing it with the accrual on the account will help to maintain proper control over expenses.
Check your bank account expenses regularly to ensure there are no unknown or incorrect transactions.
It is advisable to check with your bank whether you can receive an SMS every time you top up your card. This measure can immediately alert you to any unauthorized transactions.
Casting for the Harry Potter reboot has officially begun! A search has effectively begun to…
Jennifer Lopez tries on 'revenge dress' for her Ben Affleck divorce premiereParis matchJennifer Lopez: Son…
Jennifer Lopez and Ben Affleck recently divorced: their retro neglect... and trendsYahooJennifer Lopez's Divorce Court…
Hailee Steinfeld is happy to have found her perfect partner.The 26-year-old star revealed that she…
JAKARTA - Model and Instagram influencer Demi Rose Mawby is not a cesse de chauffer…
Jennifer Lopez's Divorce Court Prize, Ben Affleck to Benefit from Son Absence for Home, Marriage…