How Scammers Withdraw Money from Bank Cards via NFC: In Simple Terms

The development of contactless payments has led to new ways of stealing funds. Contactless skimming, PayPass payment scams, and deception with bank cards via NFC have become widespread threats. Criminals use technical vulnerabilities and psychological tricks to steal money from cardholders.

NFC Card Fraud: Main Methods 

Criminals use several schemes for illegal withdrawal of funds from NFC-enabled cards:

1. Using mobile terminals. Small POS devices allow scammers to conduct transactions by bringing them close to the victim. It is enough to bring the terminal to a wallet or pocket to attempt to withdraw an amount within the contactless transaction limit.
2. Fake ATMs and terminals. Specially modified devices can read card data with NFC if the owner brings the card too close.
3. Signal interception. Using devices to read the card signal allows criminals to obtain transaction information.
4. Fake apps and websites. Programs disguised as banking services can steal card data when entered.
5. Creating card copies. In some cases, criminals use stolen data to create virtual or duplicate cards, which are then used for purchases or cash withdrawals.

Money Theft via PayPass: The Reality of the Threat 

PayPass technology allows payments without entering a PIN when limits are observed. This opens up opportunities for fraudsters:

1. Transactions for small amounts. Criminals perform several transactions in a row, withdrawing money in small parts.
2. Exploiting vulnerabilities in banking systems. Some banks do not request confirmation even when exceeding the PayPass limit, which can lead to larger losses.
3. Manipulating card settings. In some cases, criminals can change card parameters, increasing the limit for transactions without a PIN.
4. Abusing subscription services. Some scammers set up paid subscriptions in the cardholder's name, leading to regular automatic withdrawals.
5. Payment for fake goods and services. Stolen data can be used for online purchases, especially on platforms with minimal checks.

Despite the common belief that NFC cards are secure, there are many vulnerabilities that allow scammers to use other people's funds.

Protection Against NFC Scammers: How to Minimize Risks

To prevent the theft of money from bank cards via NFC, it's worth taking precautions:

1. Storing cards in shielded wallets. Special materials block the signal, preventing criminals from reading the data.
2. Disabling NFC if the function is not used. Most banks allow temporarily disabling contactless payments via a mobile app.
3. Setting limits on transactions without a PIN. Limiting the maximum transaction amount reduces the risk of large losses.
4. Monitoring card transactions. Enabling notifications about withdrawals allows you to quickly respond to suspicious transactions.
5. Regularly updating passwords and checking bank statements. This helps to detect suspicious withdrawals in time.
6. Enabling two-factor authentication. If available at the bank, this can complicate unauthorized access to the account.
7. Using disposable virtual cards. Many banks offer temporary cards for one-time purchases, significantly reducing the risk of data theft.

Scammers in Public Transport: Hidden Threats 

One of the common ways to steal money is the use of mobile terminals in crowded places. In public transport, criminals can:

1. Bring terminals close to passengers' pockets, withdrawing small amounts.
2. Use devices for contactless skimming, collecting card data.
3. Imitate ticket checks or selling goods, offering customers to "pay" for the service with a card.
4. Create fake announcements about collecting donations, accepting payments via NFC.
5. Use hyper-realistic overlays on payment terminals that copy passenger card information.

In high-traffic areas such as stations, airports, and subways, the risk of encountering such fraudulent schemes is particularly high.

Conclusions 

NFC card fraud, money theft via PayPass, and contactless skimming remain real threats. Technologies designed to simplify payments also create new risks exploited by criminals. However, following simple safety rules, such as limiting contactless payments, using protective accessories, and regularly monitoring transactions, can minimize the likelihood of financial losses.