Making secure online payments is of top priority for every user. With many kinds of financial frauds, it is really important to keep a checklist of different features that help make a simpler and secure online payment. When making payments online, trust factor is the key for converting customers to make the transaction.
Regular Software Updates
For making online payments, one has to input data that is very sensitive such as card details (card holder name, card number, expiry date, CVV). Only after the details are correctly entered, the payment is carried out successfully.
The latest software and updated apps are recommended by the Government officials to avoid any fraudulent activity as these updates contain security patches that prevent from being hacked or from viruses.
An extra layer of recommendation for security purpose would be the installation of anti-virus.
Before making payment, it is advised to check the security strength of the retail website or the app that one is using to make purchase. You need to look for small padlock symbols called Transport Layer Security (TLS) as it indicates the safety of the website.
Also check the address bar on top of the page to identify how the page starts ‘http’ or ’https’ since ‘s’ here stands for secure.
A strong password is always recommended to avoid criminals from accessing the online account and details of other accounts that are linked to the main account.
Cyber Conscious recommends that you use a clear and different password for your email account and other important accounts. You can create a powerful password using three memorable yet random terms; never use personal information such as family names or your place of birth. These words can also be mixed with capital letters, special characters and numbers to make them even trickier to guess.
Use a two- factor authentication where available for an extra layer of security.
Avoid Shared Computers
Web browsers are known for keeping record of the passwords every time the website is visited; this information is accessible even after the computer is shut down. The ‘remember me’ button may be accidentally clicked.
Therefore, it is advised to avoid any public or shared computer to place online orders and purchase things online. Take extra precaution by logging off from shopping sites, social media and email accounts.
Credit Card or PayPal
Ideally, you should only shop with retailers that have secure methods of payment, such as PayPal. This will give you buyer protection as well as the use of credit cards in case there is ever a payment dispute. In addition to e commerce courier tracking, almost every online store offers this option to make it easier for its customers.
Always be careful of websites that only accept cash orders and regularly review your bank statements to ensure everything is in order.
A lot of online payment frauds get reported everyday due to the unawareness of people due to the casual attitude. Hope the points stated above help you to stay cautious and avoid all the issues related online payments.