The use of plastic money is gaining popularity over cash transactions. Such an option eliminates the need to carry cash, which can be risky and inconvenient. Besides, the use of plastic money reduces the risk of loss or theft of cash. Cards also have the unique advantage and convenience of using them anywhere, anytime.
The good news is that you may use your credit card to make purchases over the internet. You may use your card to pay utility bills and for shopping purposes. It is, however, important to ensure that you do not fall prey to online scams or fraudsters.
You may keep your online card transactions safe by deploying a few precautions. The following five points highlight how you may keep your online credit card transactions safe.
- Use secure websites
While making financial transactions over a particular website, ensure that the website’s URL contains https:// rather than http://. The extra ‘s’ indicates security, which means that communication between the website and your browser is encrypted.
- Use your personal devices and internet connection
Using devices other than your own increases the risk of misuse of your card. You may fail to log out of devices, which could be accessed by the next person using the computer. At times, hackers may steal information such as usernames, passwords, and your card number even after you log out by recording your keystrokes.
Another tip to safeguard your card is by using your own internet connection or that of a trusted person. Chances are that hackers may steal information through public Wi-Fi.
- Purchase a good anti-virus software
The main purpose of an anti-virus software is to prevent attacks and security breaches. For this purpose, you may install a good anti-virus software or update your software, if you have one already. This will prevent your networks from virus attacks and unsuspecting hacks.
- Set a strong password
A weak password increases the possibility of having your credit card information hacked. It is, therefore, of utmost importance to create a strong password—one which has a proper mix of numbers, letters, and special characters. Avoid obvious passwords that can be easily guessed such as your name or date of birth. Having a strong password will prevent unauthorized access to critical information, thus increasing the level of security.
- Trust your instinct
In case you feel that the website is insecure or fraud, avoid making any transactions. Be on the lookout for smaller, less-known websites, and those that are poorly designed. Chances are that the website is not genuine and is run by fraudsters trying to lure you into making insecure payments.
You may keep the aforementioned tips in order to avoid falling prey to online scams related to credit cards. By doing so, you may have safe and secure card transactions.