Joseph Piacentile: What Is Skimming?

By Bob Oliver


Joseph Piacentile can see why so many people rely on credit and debit cards alike. These are used to fulfill transactions, and the fact that they allow the general public to carry less cash on them means that they tend to travel relatively light. However, problems can arise if care isn't taken, which is why the act of skimming should be discussed. By better understanding what this process is all about, you can avoid becoming a victim of it in the future.

By definition, skimming is the process by which credit and debit card numbers are stolen, only to be placed on duplicate cards to be used by fraudulent parties. The way that this is done is with small devices referred to as "skimmers." Essentially, a card might be swiped through a legitimate machine, only to pass through another that's designed specifically to steal the aforementioned numbers. When this happens, it's easy to see that financial issues can arise.

While it's easy to assume that skimming is only done in big retail outlets, this is far from the truth. It's easy to see that these cases can occur in bars, taxi cabs, and wherever else these cards may be accepted. For this reason, it's important to exercise a level of care, which can be done with information from Joe Piacentile and others. As far as methods of prevention are concerned, the following information might be meaningful to you.

In order to prevent yourself from becoming a victim of skimming, consider having alternate forms of payment on you. Cash might be the best option, according to names like Joseph Piacentile, but it's not like you have to carry an ample amount with you at all times. Having a modest amount is enough, especially if there are emergency purchases you have to make. Also, if you require cash back, do so with the use of your bank's own ATM. Yes, it might be a little out of your way, but your financial security will remain intact as a result.

Your financial stability matters, which makes it unfortunate when skimming occurs to you. Suffice it to say, you should feel confident using your credit or debit card in any location. However, it's understandable if you feel hesitant to do so, especially in this day and age when information is so much more secure. Do not forget to carry out the methods discussed earlier, as suggested by individuals like Joseph Piacentile. You'll be happy that you did.




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