[amp_mcq option1=”converting Debit Card into Credit Card” option2=”transferring cash from one account to another account” option3=”stealing credit card information” option4=”intimating the customer about his heavy with drawals” correct=”option3″]
The correct answer is C. Stealing credit card information.
Skimming is a method of stealing credit card information by using a card reader to copy the information from the magnetic stripe on the back of the card. This information can then be used to make fraudulent purchases.
Option A is incorrect because skimming does not involve converting a debit card into a credit card.
Option B is incorrect because skimming does not involve transferring cash from one account to another account.
Option D is incorrect because skimming does not involve intimating the customer about his heavy withdrawals.
Skimming is a serious crime that can have a significant impact on the victim. If you think you may have been a victim of skimming, it is important to contact your bank immediately.