Ways to be protected from credit card scams

According to RHB Bank’s head of group retail banking Rakesh Kaul (pic), credit card scams can come in many forms, including phone scams, email scams or phishing, identity theft and account takeover, and lost or stolen transactions.

THE rise in the use of contactless payment systems during the pandemic may see more scammers preying on unsuspecting public.

Credit cards – currently the most widely used form of contactless payment system globally – could see heightened interest by scammers who usually try to blend their deceptive schemes into people’s routines or habits.