Thursday 8 October 2015

Joseph Piacentile: What Is Skimming?

By Bob Oliver


Joseph Piacentile can see why so many people rely on credit and debit cards alike. These are used to fulfill transactions, and the fact that they allow the general public to carry less cash on them means that they tend to travel relatively light. However, problems can arise if care isn't taken, which is why the act of skimming should be discussed. By better understanding what this process is all about, you can avoid becoming a victim of it in the future.

Skimming, for those who aren't in the know, occurs when numbers tied to credit and debit cards are stolen. The digits in question can be forged onto other cards, so that unauthorized parties may use them for their own benefit. "Skimmers" are devices used in order to let cards pass through legitimate machines, before going through others that are specifically made to steal the numbers in question. As you can see, it's easy for someone to fall victim to this process.

Skimming is often associated with big retailers, but these aren't the only locations where the process in question can be seen. Joe Piacentile, as well as others, can tell you that this can occur in a number of locations where cards are accepted. Restaurants, taxi cabs, and the like can become prime sources of this form of fraud. What this means is that it's all the more important for the general public to know how they can prevent this from happening to them.

In order to prevent yourself from becoming a victim of skimming, consider having alternate forms of payment on you. Cash might be the best option, according to names like Joseph Piacentile, but it's not like you have to carry an ample amount with you at all times. Having a modest amount is enough, especially if there are emergency purchases you have to make. Also, if you require cash back, do so with the use of your bank's own ATM. Yes, it might be a little out of your way, but your financial security will remain intact as a result.

Your financial stability matters, which makes it unfortunate when skimming occurs to you. Suffice it to say, you should feel confident using your credit or debit card in any location. However, it's understandable if you feel hesitant to do so, especially in this day and age when information is so much more secure. Do not forget to carry out the methods discussed earlier, as suggested by individuals like Joseph Piacentile. You'll be happy that you did.




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