Things to do to keep your banking details and online wallet safe when your Phone Stolen

Phone Stolen? Then what are the things to do to keep your banking details and online wallet safe. Follow these steps immediately if you lose your phone or if it gets stolen.  

Block SIM Card

The first thing to ensure that your phone number did not misuse when you lose the phone. If you block the SIM card it means blocking every app on the phone that can be access via OTPs. You can get the same number issue on a new SIM card.

Block Mobile Banking Services

It is very important to block access to these services. Your SIM card and mobile apps go hand-in-hand, for no transfer can happen without an OTP on the register number and both need to be block as soon as the phone is lost or gets stolen. 

Deactivate UPI Payment

When the access to online banking services is denied, the thief may try to access another feature, UPI payments, so you have to deactivate it as soon as possible.

Block all Mobile Wallets

Mobile wallets such as Google Pay and Paytm have to deactivate it as soon as possible. Get in touch with the respective app’s help desk and ensure no access is grant to anyone until you set up the wallets again on a new device. 

File a Report

It is very important to report the matter to the police authorities. Ask for a copy of FIR which you can then use as evidence just in case the phone is misuse or your money is stolen despite taking all the measures.

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