Is Mobile banking Safe?

Mobile banking is safe to use, but we should take care of below points to make it even safer:

  1. Do not share your Debit/Credit/Mobile app pin with anyone.
  2. Most of the transactions would require One-time password(OTP). Do not share this OTP with anyone.
  3. Use strong passwords with a combination of uppercase, lowercase and unique character. Try to change passwords at regular intervals.
  4. If possible, use strong anti-virus protects the users from virus, malware and attacks from hackers.
  5. On your mobile phone, set up a passcode to access the handset menu. 
  6. To keep a track of the banking transactions that you do, register or update your mobile number and e-mail ID for the alerts. 
  7. Regularly make sure to delete all junk message and chain messages. 
  8. If you're not sure of any of the URLs in emails or messages, don't follow or click on them.
  9. Before sharing your mobile with someone or sending it for repair/maintenance make sure to clear the browsing history, cache, and the temporary files that are stored in the phone's memory.
  10. Avoid saving confidential information about your debit/credit card numbers, CVV numbers, or PIN on your mobile phone.
  11. Install an effective mobile anti-malware/anti-virus software.
  12. Keep your mobile’s operating system and applications, updated with the latest security patches and upgrades.
  13. Avoid leaving the mobile phone unattended and using unsecured Wi-Fi, public or shared networks.
  14. If the mobile gets misplaced, call the bank's Customer Care to disable the iMobile application.

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