Credit cards make up for your plastic cash online, Hence you should secure your Credit Card Information. If you don’t keep your transactions safe, chances are high that you end up making to the bottom line of decline. More than half of the US consumer market has succumbed to cyber theft and if you are one among them, then don’t worry! Take your place behind the last in line.
How to Secure Your Credit Card Information Online
Although, security measures are taken by most online stores; yet, most Americans and online shoppers around the world tend to follow basic security protocols and overlook them. As a result, they become the victim of looming cyber threats of C card frauds and identity theft.
Today, I am going to discuss how to secure your credit card information online and protect yourself while making online and mobile purchases. So without any further Ado, let’s delve in.
7 Ways How to Secure Your Credit Card Information Online
Turn on Credit Card’s Added Security Layer
MasterCard and Visas offer a one time security code to ensure maximum level of security while making a purchase. However, adding an extra layer of security for online credit card transactions is not a bad option. Check with your local bank to ensure that they offer added security layer option for every transaction that you make using a C card. Certain banks require you to input a one-time security PIN code delivered to your personal email or phone as text message.
It is advised that you add this security layer since both (Visas and MasterCard) does not offer any liability if you fall into a fraudulent scheme devised by a hacker. In this way you can secure your credit card information online.
Make Payments in Password Protected or SSL Certified Environments
Most security experts believe that making transactions on a public or open Wi-Fi is one of the leading causes why most users fall into the trap of losing their financials through credit card transactions. It is best advised that individuals perform transactions in at least password protected environments or VPN protected ones so your data remains encrypted.
While making transactions through an online platform make sure that the website is SSL certified. SSL certified domain addresses usually starts with “https” domain name.
Virtual Credit Card Information from Bank
Not all banks offer this feature, but some banks allow you to create a virtual one time credit card number as an alternative for your credit card. This number is fixed with your credit card and is created for only one time usage. It expires instantly and has a limit amount on it for making the required purchase.
It is considered a safe option because even if your credit card number is lost to a thief, what they only get is an alternative credit card number making it all too easy for the security individuals to track them down. Bank of America terms this method as Shop Safe.
To use this feature online, a third party extension called Privacy is added into your chrome browser. You can easily install it to your browser and generate the pin instantaneously.
Always Choose Credit over Debit Cards
Make sure that you always choose credit card option above providing debit card information. Why is that? Because if a thief gets his hand on your Debit Card information, he will simply deplete you of all your financial assets stored within your bank account.
Debit cards are the access routes linked directly to your bank accounts. While, on the other hand, a C card is not directly linked to your bank account. In addition, it comes with a limit.
If your credit card information is lost to a thief, your issuer will be liable to take necessary steps to revert back whatever fraudulent scheme you may have found yourself into.
Keep Your Devices Clean from Spywares and Malwares
Keeping all your computer software updated at all times is a healthy option. Well, not only for your computer, but also for your credit cards. Spywares and malwares can end up spreading virus within your system and may use your personal information through wrong ways.
While, entering your credit card information from your personal computer under threat of spywares and malwares, you may end up losing potential information as a customer to such cyber tweaks. In this way you can easily secure your Credit Card information online.
To avoid consistent attacks of malware/spywares on your system, simply install and update your client with the latest antivirus software and keep a thorough check by running scans over and over again.
Track Statements for Any Unusual Transactions
They say that prevention is better than cure. Make sure that you track and follow all of your transactions on a regular basis. Most banks have sophisticated security systems which ensure the maximum level of security for your credit card transactions. However, even consistent monitoring 24/7, at times, turn out to be insufficient. Therefore, it is better to keep a thorough check on your online transactions, on your own.
Check your financial transaction sheets all the time. Your bank offers you the option to generate reports on your transactions online or they simply deliver you one at the month end. Keep a look out for any suspicious transactions and report them when you identify one.
Stay Away from Fake Applications
Not all applications are legit. Therefore, it is our best advise that you should stay away from malicious retail applications which do not come from a trusted source. Mostly, individuals rely on Apple or Google’ Play Store for purchasing apps. However, then there are some who like to exploring more of the Internet. In order to do so, they make considerable downloads from third party app providers and usually end up making online transactions on their stores. Here is complete guide for credit card purchase protection.
With the security risks on the rise, Applications are not safe even on trusted sources as well. If any of the application on these stores contains vague information or less reviews, the chances are high that they are red flagged.
Credit Card safety plays a vital role when you are dealing and performing businesses online. Not all places are secure as hackers are always on the verge to identify leak holes and access personal information. Therefore, if you need solution of Secure Your Credit Card Information Online then keep yourself safe, always make purchases on sources which are truly legit. Yet, even the most trusted sources, at times, portrays them as unsafe. Therefore, taking security measures alongside making purchases can altogether benefit you in the long run.