Can Debit Card Theft Be Prevented By Double Clicking Cancel Button On ATM Machine? Has RBI Issued Any Guideline? Know The Truth | Personal Finance News

New Delhi: A viral post is doing the rounds in social media, highlighting that pressing the ‘Cancel’ button twice on an ATM machine before a transaction can prevent PIN theft of debit cards.
The post falsely credits Reserve Bank of India on a pro tip that says, “A very useful tip while withdrawing funds from an ATM. Press the ‘cancel’ button twice before inserting the card. If anyone has set up the key pad to steal your PIN code, this will cancel the set up. Please make a habit as part of every transaction that you make. Share for your circle people.”
PIB PIB Fact check has tweeted “A post falsely attributed to RBI claims that pressing ‘cancel’ twice on an ATM before a transaction can prevent PIN theft. This statement is FAKE & has NOT been issued by RBI.”
PIB further advised that people should Keep their transactions secure. It added that people should conduct fund transfer in private.
A post falsely attributed to @RBI claims that pressing ‘cancel’ twice on an ATM before a transaction can prevent PIN theft#PIBFactCheck
_This statement is FAKE & has NOT been issued by RBI
__Keep transactions secure
_Conduct fund transfer in private
_Conduct fund_ pic.twitter.com/hTT64E5bVa
— PIB Fact Check (@PIBFactCheck) May 6, 2025
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