National Payment Corporation of India informed the Parliamentary Committee that, on average 2,000 customers are impacted by cyber frauds in India every month
The option to switch on and off international or online usage gives an additional layer of security
In Maharashtra, people lost Rs 4.8 crore to bank fraud, while in Delhi people lost Rs 2.9 crore
RBI has directed banks to implement anti-skimming and whitelisting solutions by March 2019