Bank / Credit Union

Change in ATM rules for PNB customers

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January 19, 2021

In February, customers of Punjab National Bank in New Delhi, India will have to adhere to new ATM rules that will restrict transactions both financial and non-financial from non-EMV ATM machines, according to a report in Zee News.

The decision was based on an online survey of 1,000 adults conducted April 21-27. Almost half of the consumers surveyed said that they were more concerned about digital payments fraud now than when COVID-19 first emerged.

The study was conducted by YouGov and US-based electronic payments company ACI Worldwide, which found that card cloning was the most common concern when it came to debit or credit card fraud.