‘Card Cloning’ On The Rise: Steward Bank Warns Customers To Guard Against This Type Of Fraud

By Alvine Chaparadza

Steward Bank has issued a notice warning its customers about the increased risk of transactions involving credit and debit card cloning (card cloning). The Customer Notice is asking customers to be vigilant when using their cards and it went to great lengths prescribing habits customers can take to guard against card cloning.

The increased use of plastic money in Zimbabwe due to cash shortages has coincided with an increase in card cloning. A report published by the Zimbabwe Republic Police in March disclosed that in the first quarter of 2018, at least …read more

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