Mobile banking has become the need of the day. We can practice safe mobile banking by practicing certain tips such as password protection, usage of email and web browser, utilizing mobile banking app and so on.
Mobile banking users are affected with security issues. Hence, one must be aware about the safety tips to implement while utilizing mobile banking. As mobile banking is done by using message facility, web browser and mobile banking app, we must be careful during its usage. Let us go into detail with the safety tips concerning mobile banking. If you follow these tips, then you can perform mobile banking easily.
Safe mobile banking habits
Just like we have good habits in our daily life, we must also inculcate habits in mobile banking transactions. Some of the general instructions to be followed are not storing your account details on phone, no storing of passwords, and not sharing your password details with anyone. If you are using your mobile phone in a public or wireless network, then you must not transact important business on your banking app. You must not share your account information to someone via email or SMS facility. And lastly, always protect your phone with a password.
Apps – Official and reliable
Some of the malicious apps are available on the mobile phone for free downloading. These apps appear to be the bank’s official apps but in reality, these are used for encrypting your bank information. You must always download mobile banking app from the official website of your bank and not from the general links or appstore.
Shopping apps also ask for your bank details. Download and use the shopping apps carefully. If you are not sure about the reliability of the online shopping site, then do not pay through mobile banking systems. You can ask for cash on delivery option.
Look before you click
If you see a link appearing on your mobile to log into your bank account directly, do not do so. Such links provide sites that appear like your bank’s website. But these are specially designed to obtain your bank account information. You must always type your bank’s website on the top of your browser and not go by the shortcuts.
Unsolicited calls, messages and emails
You may receive voice calls or text messages about some bank schemes or asking for your account information for activating the account. You may also be offered with free credit card or premium debit cards for this service. It may also happen that your phone data is encrypted during this call. Hence, you must never receive such calls and disconnect it immediately. Bank officials never ask for your confidential information such as debit PIN and password for activating your account.
You should use social media sites very carefully. The phishing links can decrypt the data stored on your phone. You must also not allow messaging apps to share your phone data for a longer period as it can be used by hackers to get hold of your sensitive information.
Conclusively, if you follow the safety tips in mobile banking, then you can harness its benefits to the maximum limit. So, enjoy mobile banking!