Online Credit Card Precautions
With the economies and companies going global, there is an
enormous rise in the number of the virtual stores. More and more
people are beginning to shop online rather than going to the
market and wasting hours. Now the product of your choice is just
a click away. You can compare similar products offered in
different market deals. Most of the payments for these online
transactions are made through credit cards. This has raised an
important question. Is online credit card usage completely safe?
However, there are many experts who feel and find using the
credit card online safer as compared to its usage at the places
like petrol pump or restaurants.
The reason given for this is that the bank or the credit card
company, which makes it more authentic, only views the
transactions made. But many discourage this theme by saying; it
is very difficult to trust the retailer as he might use those
details. Internet shopping is the boon in disguise for many but
it is accompanied with the threat of credit card theft too.
Few steps should be taken into consideration while shopping on
internet and they are:
- First and foremost step is to check the authentication of the
shopping site. The vendor with whom you are dealing should be
reliable enough and using the secured browser.
- Check the details of the vendor prior to any transactions in
order to avoid any forgery.
- Shop on those sites that place a security icon when you're
making any payments and transactions.
- Shop on those website which are approved by the third-party
and carry the seal of authentication.
- Before revealing your card details do call up the vendor in
order to check their authenticity.
- Use your personal computer for the shopping and make sure it
is updated with latest anti-virus software and firewall. Avoid
using the computers at the cafes for shopping purpose.
- Keep your credit card's account number and PIN a secret, as
genuine vendors will never ask for them unless it is essential
for transactions.
- After buying any product online do check your card statement
in order to cross check the actual amount to be paid. It is
advisable to keep the printout of the dealings you made.
- If you have any doubt on the company's authentication prefer
some other methods of payment.
Despite many odds associated with internet shopping with your
credit card, it is gaining popularity and is becoming a
frequently used option.