Reports of fraudulent overseas transactions have surfaced among numerous Axis Bank credit cardholders, sparking concerns over the security of their accounts. - Newsx
Axis Bank, meanwhile, released a statement clarifying that there has been no breach of any systems although some unauthorised transactions took place from certain merchants which have been blocked.
The cardholders reported unauthorised transactions and receiving OTPs for transactions they didn't make, including international charges on their Axis Bank credit cards.