With the increasing popularity of internet banking and online transactions, scammers are finding new ways to fool people and rob them off their hard-earned money. Shockingly, they have come up with new ways to steal money from users accounts. The onus is now on bank customers to be vigilant and follow some smart practices to ensure that their money is safe. Here are 5 smart internet banking tips you should know to make sure that you are not fooled.

Do Not Share Your Password

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

A strong Password is what keeps your account and money safe. Several banks suggest customers to change the password on a regular basis. It helps in keeping hackers at bay. Make sure you have a strong password and do not share it with anyone.

Use Secure Connection

In simple words, do not use public PCs or systems to carry out any banking operation. In case you are traveling, try to use your smartphone’s hotspot instead of the available free Wi-Fi. Avoid use public networks to transfer money or log in to your bank accounts.

WATCH Zee Business TV LIVE Streaming Online

Turn On Notifications

Keep the email and SMS notifications from your bank turned on. It will inform you about any transactions made from your account. This will help you identify fraudulent transactions and inform the bank in time.