EPPICard is a pay as you go debit card, normally issued underneath the Visa or GraspCard model that’s utilized by numerous states to ship little one assist, unemployment and different profit funds to recipients. The comfort of the cardboard is that the funds are routinely 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 difficulty their very own card. Recently, EPPICard holders have been targets of fraud, prompting a number of states to difficulty fraud alerts to their card holders. However, the problem 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 data. Once you click on on the hyperlink, it takes you to a phony website the place your account data is then unlawfully captured whilst 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 simply confirm your account data. If the e-mail seems to be reliable, name your EPPICard Customer Service to verify earlier than clicking on any hyperlink to confirm your account standing.
2. Fraudulent Charges on Card
This kind of fraud occurs when thieves acquire an individual's EPPICard data and begins to spend the funds on the cardboard. In most instances, all the steadiness on the EPPICard is spent earlier than the cardboard holder turns into conscious of the problem. A current instance is documented by the New Jersey Star-Ledger the place a Newark, NJ card holder's account data was illegally obtained and used to buy gadgets at Staples in Washington DC totaling $ 600. The card holder discovered in regards to the unlawful transactions when her card was denied when she tried to make a purchase order. That prompted her to test her card transactions, which led her to uncover the fraudulent purchases. These sorts of fraud are arduous to struggle, even when the cardboard holder can show they didn’t use the cardboard. It is subsequently vital to safe your EPPICard data.
To forestall this kind of fraud, don’t log into your EPPICard account from public pc stations, corresponding to libraries and web cafés. Also, watch out when utilizing free public Wifi to entry your account data. In addition, control your EPPICard transactions and observe sound monetary information disposal, together with shredding your statements and different delicate monetary paperwork quite than throwing them away within the trash.
3. Text Message Fraud
Text message fraud is the latest type of EPPICard fraud, the place cardholders which have signed up for steadiness alerts by their cellphones obtain textual content messages believed to be from EPPICard luring them to giving up delicate private data, which is then later used to both delete the Funds from their account or in case of social safety and date of delivery data – used to perpetrate id theft.
To keep away from this kind of fraud, all the time be hesitant once you obtain any communication, whether or not by way of textual content, e mail, or telephone requesting you to confirm account standing or present delicate data to verify an account standing. The finest means 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 reliable. If it’s a reliable request, insist on performing the verification with them if you are on the telephone. That means, you should not have to click on on a hyperlink to confirm your data, particularly if you don’t belief the safety of your pc or cellular system.