With the recent rise in the number of financial frauds, banks have upgraded the security features on their credit cards and debit cards. But even if your credit card has the best security feature, you should be aware of the steps to take in case you lose your card or notice a fraudulent transaction. The first step should be to block your credit card as soon as possible. Immediate blocking of the credit card prevents further misuse of your card.
Suggested Read: Unauthorized Transactions on Credit Card: What Should You Do?