Instant transaction notification warning for contactless credit card users

With the widespread use of credit cards, the frequently preferred contactless payment method brings certain security risks due to not requiring a password and providing fast transactions. Experts state that instant notification systems should be kept active so that users do not encounter unauthorized spending in case their card is lost or stolen.

Thanks to the instant transaction notification feature available in mobile banking applications, all expenses made with the card are delivered to the mobile phone in a short time. Thus, cardholders can quickly notice suspicious transactions or expenses they did not make, contact the bank, and prevent financial losses by blocking their cards. To enable spending notifications, it is sufficient to enter the bank's mobile application and activate the transactions from the card settings or notification preferences menu.

Other precautions that cardholders should pay attention to in daily usage to increase security include keeping SMS and mobile notifications enabled, calling the bank without wasting time if the card is lost, not sharing passwords and verification codes with third parties, and avoiding banking transactions over insecure public Wi-Fi networks.