15 Safety Tips for ATM Users

People often become victims while making a transaction from an ATM. Fraudster may try to obtain the data from your credit or debit card to withdraw money or grab the cash after you withdraw. State Bank of Pakistan also issues instructions regularly for safe ATM transactions.

ATM Safety Tips

Here are some very important safety tips you need to keep in mind while withdrawing money at an ATM.

1. Always select the right ATM, preferably inside a bank location. 
2. Avoid using ATMs that are situated in areas with no visible security guard and security surveillance cameras.
3. Try to use ATM at daytime in working hours or ensure ATM place is well lit.
4. Never allow unknown person to enter with you. Keeps others outside the cubicle while you are using the ATM.
5. Always check the ATM especially keypad and card slot. Look for visible signs of tampering with the ATM. 
6. Ensure that your personal belongings (mobile, laptop or shopping bag) also secured.
7. Put cash in pockets/bag quickly while being inside the cubicle. Do not count cash outside the cubicle.
8. Cover the keyboard while entering the (PIN) Personal Identification Number.
9. Never share your PIN with anybody including Bank Staff.
10. Make it your habit to change the PIN frequently. 
11. If your ATM card gets stuck in the ATM machine; (i) do not leave the ATM unattended. (ii) Call the bank helpline from the phone usually present in the booth, or a bank employee if within a branch. (iii) never accept assistance offered by strangers.
12. If you feel something suspicious, don’t make a transaction and immediately notify the Bank.
13. Keep the receipts of last few transactions instead of throwing them near the ATM or dispose it off carefully. People may know the remaining balance in your account from these slips.
14. If you lose or misplace the ATM immediately report the loss to the Bank and block the card.
15. Do not forget to take your card when leaving the ATM.

These tips are meant to make you aware.

How to use Payoneer Debit Card at ATM Machines in Pakistan?

You can easily withdraw cash from your Payoneer Debit card at any ATM machine. This card works just like any other ATM or Debit Card. I am using Payoneer Card from last 04 years for online shopping and payments. I got this card through Infolinks. You can also get your own Free Payoneer Prepaid Debit Card with 25$ bonus at the time of first money load.

How to get Free Payoneer Prepaid Debit Card

Until few days ago, I was using this card for online shopping only and never withdraw money at ATM Machine. Last week I decided to get cash from my Payoneer account by using ATM Machine to experience process, currency conversion rate and fees applied by either Payoneer or Master Card or local bank. I went to a MCB ATM Machine and successfully withdrawn money without any hassle.

How to Withdraw Money from Payoneer Card at ATM Machine?

The Payoneer card can be used at ATMs where MasterCard®/Visa is accepted. Your Payoneer card is prepaid debit card.  Sufficient funds must be available prior to making cash withdrawal. Never try to withdraw money more than available funds; otherwise your ATM card may be kept/ seized by ATM. 

Here is a simple step by step procedure to use your Payoneer Card to withdraw cash from ATM Machine in Pakistan.

1. Visit any nearby ATM Machine.
2. Insert your card in ATM card slot, your name will be shown on screen.
3. Enter your 04 digit code using ATM keypad, this code was created at the time of card activation.
4. Enter amount in Pak Rupees in multiples of Rs.500 e.g. 500, 1000, 2000, 2500, 4500, 5000, 6500 etc. and press "Accept" button.
5. In next step you will be asked for "Account Type", enter Current, Checking, Default or Debit Card whichever is available.
6. Take your card, money and receipt. 

Fees and Charges for ATM Cash Withdrawal

• Never check your balance unnecessarily at ATMs because each time you check balance, 0.90$ will be deducted.
• $0.90 will also be applied as ATM decline fee, if your Payoneer account has less money than you are trying to withdraw. 
• $2.15 per transaction, plus 3% above all fees assessed by MasterCard, will be charged.
• MCB Bank also charges Rs. 100 as Bank Fee in addition to all other fees.

I withdran Rs. 4500 and amount deducted from my Payoneer account was $50.87 when inter bank dollar rate was about 99.5 rupees. So total fees/ charges was about Rs. 500.