Even with the rise of UPI and wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital payments, ATMs remain an essential part of everyday banking. Many myths about ATM safety circulate online, one of the most common being:
“Pressing the Cancel button after withdrawing cash keeps your PIN safe.”
Let’s break down the myth vs reality and understand the safest practices when using ATMs.
The Myth
Some people believe that hitting the Cancel button after a transaction somehow erases or protects your PIN, preventing skimming devices or hackers from capturing it.
The Reality
- Pressing Cancel does NOT secure your PIN.
- Once you enter your PIN, it has already been processed by the ATM machine and your bank.
- Skimming devices or hidden cameras can capture your PIN as you type it, regardless of whether you press Cancel or Complete.
- Cancel only terminates the transaction, but it does not erase or hide your PIN from malicious devices.
How to Keep Your PIN Safe at ATMs
Cover the keypad
Use your hand or body to shield the keypad while typing your PIN.
Inspect the ATM
Check for unusual attachments on the card slot or keypad.
Avoid ATMs with loose or suspicious parts.
Avoid Public or Poorly Lit ATMs
Use ATMs in banks or secure locations.
Enable Transaction Alerts
Get SMS or app notifications for every transaction.
Change Your PIN Regularly
Use a unique PIN that isn’t easy to guess.
Other Common ATM Safety Myths
- Myth: “Only old ATMs have skimmers” → Reality: Skimmers can be installed on any ATM.
- Myth: “Using another person’s card is safer” → Reality: Sharing cards increases risk.
- Myth: “Cancel button protects PIN” → Reality: Cancel only stops the transaction, it does not secure your PIN.
Bottom Line
Pressing the Cancel button at an ATM does not protect your PIN. The safest approach is to cover the keypad, use trusted ATMs, enable transaction alerts, and regularly update your PIN. Awareness and vigilance are the true keys to ATM security.
Disclaimer:
The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.
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