Kenya: How to Avoid Falling Prey to ATM Fraudsters

25 January 2013

While electronic transactions are on the rise, many cardholders still regularly go to the ATM to withdraw cash for smaller transactions like paying for public transport or purchasing groceries in the neighborhood kiosk. It's a routine that many take for granted and that's what fraudsters prey on.

Recently, customers belonging to a local bank in Kenya reportedly complained of fraudulent transfers of huge sums of funds from their bank accounts.

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