How Fraudsters Among POS Agent can use your ATM without OTP to Withdraw Money from your Accounts
May 27, 2020 8:02 AM
I am a mobile money agent that operate different banks POS. A lot of customers always run to my office when been frauded in one way or the days. I help people in logging dispense error and fraud complains to banks on their behalf, from there I have gained a lot of experience about different methods that fraudsters use to withdraw money from people’s accounts.
Today, I let you know how fraudsters among POS agents can withdraw money from your bank account using your ATM without any OTP pins. Some POS Agent are fraudsters and some still sell your bank details to fraudsters.
Here are the methods they use.