Protect Your PIN, Protect Your Money
Canadians use their banking cards millions of
times each day for purchases and cash withdrawals from Automated
Banking Machines (ABMs). In fact, Canadians are one of the
biggest users of debit and ABMs in the world. With the INTERAC®
shared services, cardholders have convenient access to their
cash 24 hours a day, seven days a week.
While INTERAC® shared services are among
the most secure in the world, debit card fraud can occur.
Interac
Association and its members continue to work together to
protect cardholders from debit card fraud and remind them
to protect their Personal Identification Number (PIN).
What is the "Protect Your PIN"
icon?
| The "Protect Your PIN" icon features
a stylized PIN pad being shielded by hands combined with
a "Protect Your PIN" tagline. This icon was
developed to increase cardholders awareness around PIN
protection. The Association and its members want to reinforce
the importance of PIN security as something cardholders
do every time they use the INTERAC® shared services. |
 |
I have been hearing a lot of messages reminding
me to protect my Personal Identification Number (PIN), is
there a problem?
Debit card fraud incidents are rare when compared to the billions
of transactions that take place at an ABM and at the point-of-sale.
In excess of 18 million Canadians use their debit cards monthly
with virtually no problems.
However, any debit card fraud is of concern.
Interac Association and its members are working to combat
these incidents on several fronts. As part of this, the
Association has identified the need to increase the awareness
of PIN security among cardholders to help prevent debit
card fraud in Canada.
Why do I have to protect my PIN?
Your banking card and PIN are the keys to your account(s).
They are both required to complete a transaction so you should
keep them in a safe place and never lend them to anyone. Even
if criminals get access to your card, they need the PIN to
get access to your money - so remember to protect your PIN.
"@ Trade-mark of Interac Inc.
Hamilton Municipal Employees Credit Union Limited authorized
user of the Trade-mark"
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