HOUSTON--(BUSINESS WIRE)--June 30, 2008--As ATM/Debit Card Safety
Awareness Month comes to an end, this week the PULSE(R) debit network
releases Fraud Prevention Tips.
Although debit is a secure and convenient form of payment, it is a
good idea for consumers to take some basic precautions when using
their debit cards. Important steps consumers can take to prevent
financial fraud include:
Fraud Prevention Tips
- Shred all financial documents and records before disposing of
them.
- Destroy unused or expired credit, ATM and debit cards.
- Remove mail promptly from your mailbox.
- Match receipts to monthly billing statements.
- Memorize PINs, passwords and Social Security numbers - do not
store them in your purse or wallet.
- Use longer, more complex passwords and PINs, and change them
periodically.
- Sign all credit cards and debit cards immediately upon
receipt.
- Notify account providers of address changes in advance.
- Immediately report a lost or stolen card and any unauthorized
activity on any account.
- Never use your PIN as a password.
A comprehensive list of ATM/debit card safety tips is available at
www.pulse-eft.com/public/group/consumer/atmdebitsafety.html. PULSE
also offers a brochure containing fraud/identity theft prevention
tips, which can be downloaded at
www.pulse-eft.com/public/group/consumer/atmdebitsafety/idtheft.html.
About PULSE
PULSE is one of the nation's leading ATM/debit networks, currently
serving more than 4,500 banks, credit unions and savings institutions
across the country. PULSE is owned by Discover Financial Services
(NYSE: DFS). The network links cardholders with more than 265,000
ATMs, as well as POS terminals at retail locations nationwide. The
company is also a valued resource for industry research related to
electronic payments and is committed to providing its participants
with education on evolving products, services and trends in the
payments industry. For more information, visit www.pulse-eft.com.
CONTACT: PULSE
Anne Rhodes, 832-214-0234
arhodes@pulse-eft.com
or
GolinHarris
Hazel C. Cobb, 972-341-2537
hcobb@golinharris.com
SOURCE: PULSE