Caro Smart Card 5.70.2

This application offers a comprehensive approach to safeguarding debit and credit card transactions through customizable alerts and usage controls. By downloading the app, users can tailor their alert preferences and manage their card settings effectively.

Enhanced Security through Alerts

The app enables users to set up alerts for both PIN and signature transactions, thereby providing real-time updates on debit and credit card activities. These notifications are crucial for quickly identifying unauthorized or fraudulent transactions. Users can opt to receive alerts immediately following any card usage or when a transaction attempt is declined, with numerous customizable alert options available.

Location-Based Transaction Controls

The "My Location" feature utilizes GPS technology to restrict transactions to merchants within a predefined radius of the user's location; attempts outside this range can be automatically declined. In addition, the "My Region" feature allows users to set transaction parameters based on geographic indicators such as city, state, or zip code using an interactive map interface.

Transaction Monitoring and Spending Limits

Users are empowered to establish spending limits, ensuring that transactions exceeding the defined thresholds are automatically declined. Furthermore, transactions can be monitored according to specific merchant categories—including gas stations, restaurants, entertainment venues, travel agencies, and grocery stores—as well as by transaction types such as in-store purchases and online orders.

Card Control Settings

The app includes a "Card On/Off" feature that allows users to permit or block all transactions. When set to "off," no purchases or withdrawals can be made until the card is turned "on" again. This functionality is especially beneficial in instances of lost or stolen cards, as it adds a layer of protection against potential fraud.

Additional Features

Beyond transaction monitoring, the app facilitates mobile transactions anytime and anywhere. Users can perform actions such as:

• Real-time balance inquiries
• Locating nearby ATMs

Key Benefits

• All cardholders can receive alerts to monitor transactions and protect their accounts.
• Users gain active control over their finances and card usage.
• Parents have the capability to oversee their children's spending remotely.
• Businesses can monitor compliance with spending policies effectively.