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Warning of ATM card swap fraud as R99 debit scam rolls on

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Cape Town - Bank customers have been warned to be vigilant when transacting at ATM’s, while Fin24 users continue falling victim to unauthorised debit orders.

The South African Banking Risk Information Centre (Sabric) cautioned in a statement on Monday about an ATM card swapping scam which has become prevalent again.  

“Transacting at ATM’s is quick and convenient, but unfortunately criminals exploit this facility for their own fraudulent purposes," Sabric CEO, Kalyani Pillay said a statement on Monday.

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