Help Protect Your Debit and Credit Cards from Fraud
SLFCU members now have the ability to set controls and receive alerts for their SLFCU debit and credit cards by using mobile apps. The apps are available for personal debit and credit cards as well as business debit and credit cards.
Card controls allow you to:
- Instantly turn your card on or off.
- Choose how and when transactions are approved.
- Receive notifications of approved and denied transactions.
- Review recent transactions.
“Being able to lock and unlock your cards reduces the chance that your card could be used fraudulently,” says Jeff Morris, SLFCU Card Services Manager. “You can also set alerts so you are notified if your card is used online or internationally, or if someone attempts to use your card and the transaction is denied. These notifications can help identify and stop fraud more quickly.”
SLFCU will continue to monitor card activity for possible fraud, Morris says. “The card control apps will improve our ability to limit fraud and put more control into the hands of cardholders.”
Card fraud and data theft continue to be on the rise. Breaches have been reported recently by Chipotle, Wendy’s, and Hilton Hotels. Although card control apps won’t prevent card data from being stolen, they can limit the amount of fraud. Members are protected from unauthorized charges if they are reported to SLFCU promptly.
DOWNLOAD THE APPS TO GET STARTED.
Because transactions for SLFCU’s different card types are processed through different systems, this service is offered via three separate apps. Each app provides slightly different options for monitoring your cards.
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