India has been growing into the cashless economy at a faster rate than ever. Especially with the new revolution in the financial industry most of the transactions are happening in a cashless manner. The more we are growing into a cashless economy the more we need to ensure that we are making secure transaction be it online transactions or manual transactions. Reports have also shown phishing attacks in major institutions which have led to unauthorized transactions in customers account; in fact if we look at it percentage wise debit card and credit card fraud amounts to 40% of the total financial crimes in the world.
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