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Online Transactions and Credit/Debite Card Security Issues

shriram | 21st June 2014 | Information Technology
Online Transactions and Credit/Debite Card Security Issues

    According to the Internet Crime Complaint Center credit/debit card fraud is in top seven among categories of complaints referred to law enforcement.
Following things you have to remember while using a credit/debite card and online transactions.
1. Use credit card if you can as debit cards are less secure.
2. Disable automatic transfers of money to linked accounts if a transaction would trigger and overdraft.
3. Monitor your statements regularly for any unfamiliar activity.
4. Make sure that you are using URL starts with 'https', not to use the URL, which starts with 'http'.
5. Make sure that the card is swiped in front of you and in presence of CCTV camera at merchant outlets.
6. Use strong passwords with more length.
7. Set up transaction alerts.
8. Always sign the receipt this will help a lot in case of fraud.


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