How to Protect Your Credit Card Details Online

by Gil on June 23, 2012

The following article is a guest post by Andrew. Over the years, Andrew has helped many people to manage their credit cards and save money.

The recent controversial security breaches involving credit cards have really caught attention and raised awareness of consumers. There is logically a growing concern over how modern thieves become more creative and resourceful in obtaining access to personal and credit card information of their unsuspecting victims.

Every consumer should beware of credit card fraud. It can be prevented if cardholders would be more aware and cautious about how they use their plastic cards. Extra cautiousness should particularly be observed when doing online transactions. Here are some effective tips that can help credit card users like you protect your card details especially when shopping through the Internet.

Web site security

Be more discerning when choosing shopping Websites. Only transact with a secured online site, which come with small lock icon located at the Webpage’s lower right corner or at the status bar. The absence of the lock icon indicates lack of security features of the site. Never use any of your credit cards on any unsecured shopping site. Scammers can easily capture your credit card number and use the data to defraud you. Some experts also remind checking the address bar of sites. Secured sites usually start with the prefix ‘https.’

Secure Code and Verified

The most popular and commonly used credit cards, MasterCard and Visa, have both developed and implemented additional security measures to protect consumers. MasterCard SecureCode prompts a user to a checkpoint for a security code (provided upon registration) to guard against unauthorised card use. Verified by Visa sends a personal message with a unique password (through email) before any credit card purchase transaction is allowed.

credit card protection

Giving out card number

Do not ever give away your credit card number especially when you are talking on the phone. Scammers can easily tap phone lines to extract important information about consumers’ personal information and credit card data. If there is a requirement to provide any credit card number over the phone before a purchase transaction is completed, ask the telephone number of the company so you can call back and complete the process when you get home. Scammers usually cannot provide functional phone numbers.

Using debit cards

Lastly, it is more advisable to use a prepaid shopping card or a debit card when facilitating online shopping. In such a setup, you will load the debit card only when you need to purchase something. This way, even if the card is hacked, you will not stand to lose so much. The use of debit cards can also be strategic if you do not want to spend beyond your limit.

Credit card fraud is a serious issue that consumers should be aware of these days. Aside from the financial trouble, once you fall as a victim, you would have to live with any possible frustration from dealing with it. The hassle is serious enough for you to strive harder to protect yourself. Being cautious and smart when shopping online is a great way to protect your credit card accounts from scammers.

Andrew has been working in the finance industry specialising in credit card debt consolidation. Over the years, Andrew has helped many people to manage their credit cards and save money.

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