EPPICard is a pay as you go debit card, normally issued underneath the Visa or GraspCard model that’s utilized by a variety of states to ship little one assist, unemployment and different profit funds to recipients. The comfort of the cardboard is that the funds are mechanically loaded onto the cardboard, making it straightforward for recipients to entry their funds. All EPPICards are managed by Affiliate Computer Services (ACS), which is owned by Xerox however every state contracts with a financial institution to concern their very own card. Recently, EPPICard holders have been targets of fraud, prompting a number of states to concern fraud alerts to their card holders. However, the difficulty persists and the scams proceed to develop in complexity. Here are the highest 3:
1. Phishing Emails
Phishing emails contain receiving an e mail requesting that they log into their account and confirm the account standing. Usually, there’s a hyperlink within the e mail that you’re requested to click on to confirm your account info. Once you click on on the hyperlink, it takes you to a phony web site the place your account info is then unlawfully captured when you try to log into your EPPICard account.
To keep away from this rip-off, don’t reply to suspicious emails that request that you just confirm your account info. If the e-mail seems to be professional, name your EPPICard Customer Service to affirm earlier than clicking on any hyperlink to confirm your account standing.
2. Fraudulent Charges on Card
This kind of fraud occurs when thieves receive an individual's EPPICard info and begins to spend the funds on the cardboard. In most circumstances, your entire stability on the EPPICard is spent earlier than the cardboard holder turns into conscious of the difficulty. A latest instance is documented by the New Jersey Star-Ledger the place a Newark, NJ card holder's account info was illegally obtained and used to buy objects at Staples in Washington DC totaling $ 600. The card holder discovered concerning the unlawful transactions when her card was denied when she tried to make a purchase order. That prompted her to verify her card transactions, which led her to uncover the fraudulent purchases. These forms of fraud are onerous to struggle, even when the cardboard holder can show they didn’t use the cardboard. It is there necessary to safe your EPPICard info.
To stop any such fraud, don’t log into your EPPICard account from public pc stations, akin to libraries and web cafés. Also, watch out when utilizing free public Wifi to entry your account info. In addition, control your EPPICard transactions and apply sound monetary data disposal, together with shredding your statements and different delicate monetary paperwork moderately than throwing them away within the trash.
3. Text Message Fraud
Text message fraud is the most recent type of EPPICard fraud, the place cardholders which have signed up for stability alerts by means of their cell phones obtain textual content messages believed to be from EPPICard luring them to giving up delicate private info, which is then later used to both delete the Funds from their account or in case of social safety and date of beginning info – used to perpetrate id theft.
To keep away from any such fraud, at all times be hesitant if you obtain any communication, whether or not by way of textual content, e mail, or cellphone requesting you to confirm account standing or present delicate info to affirm an account standing. The finest approach to deal with these sorts of requests is to name the official customer support quantity for the cardboard issuer – on this case, you’ll name your EPPICard Customer Service, and confirm whether or not the request you acquired is professional. If it’s a professional request, insist on performing the verification with them if you are on the cellphone. That approach, you do not need to click on on a hyperlink to confirm your info, particularly if you don’t belief the safety of your pc or cell machine.