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SBI facility to deactivate debit cards

State Bank of India has introduced a facility under its SBI Quick: SMS and Missed Call banking service enabling its image003customers to activate/deactivate usage of debit cards on various channels including ATMs, POS and eCommerce websites. This can be done by just sending an SMS. N.K. Chari, DMD & COO of the bank, said the bank has been receiving complaints of fraudsters using debit card information, which they source from the customers through phone calls, ATM skimming, photographing the debit card etc., to withdraw cash or purchase items on eCommerce sites. While the facility of restricting debit card usage is available on the internet banking platform of the bank, it has now developed a system through which the customers can do so. SBI Quick provides a range of services and works on the condition that the SMS/Missed Call should come from the mobile number registered with the bank. No separate user ID or password is needed. With over 750,000 downloads already, the app is very popular with those who have smart phones but limited internet connectivity.

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