Punjab National Bank (PNB) customers won’t be allowed to withdraw money from non-EMV ATMs from tomorrow. Both financial and non-financial transactions will be restricted.
Non-EMV PNB ATMs are those ATMs where bank customers need not to use their debit card for cash withdrawal or to execute any other bank transaction. In such ATMs, Data Magnetic Chips enabled reading is done by the ATM machine and for a few seconds one’s debit card gets locked.
The PNB has already informed its decision to its customers from its official twitter handle: “To protect our esteemed customers from fraudulent ATM activities, PNB will be restricting transactions (financial & non-financial) from Non-EMV ATM machines from 01.02.2021. Go Digital, Stay Safe!”.
Punjab National Bank has introduced PNB One App that allows PNB debit card users to switch on or off their debit card through this app. customers of PNB is need to download this PNB One app in their Smartphone or Android phone from the Play Store.