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Is Online Payment Safe?


The physical availability of cash decreases while payment cards are taking the lead. That is supported by the fact that an increasing number of payment gateways are developing. Their goal is to increase the security of online transactions and the safety of users. More about these services read here.

However, we have witnessed numerous Internet frauds, hacking, and misuse of personal data, so people have good reason to doubt the security of online payments. Regardless of that, the number of online transactions is increasing year by year.


For What People Use Online Payment


The very concept of online payment is designed to make life easier for people. In just a few clicks, we can now finish any job that takes hours and even days - for example, paying bills. Before getting these services electronically, people paid their bills directly to the service providers, most often waiting in endless lines, irritated by noise and crowd.

Today, thanks to online payment systems, any user can link their bank account or credit card to the appropriate application, and settle their monthly or weekly debts in just a few minutes. The transfer of money usually happens immediately. At any time, users have an insight into the report on payments and outflows from their account.

Web store purchases, that is, every form of online trading, also use online payment methods. Retailers generally rely on reliable credit card payment services, such as the NMI gateway, while individual sellers use some of the online commerce platforms. This way, both parties in the transaction are protected.


Benefits of Accepting Credit Cards as Payment Method


When it comes to the security of money transactions on the Internet, both parties involved should be protected. Having a credit card means you always have funds for whatever you need. Companies and individual sellers that have accepted this method of paying for their goods or services have increased their internet sales revenue.

The number of those who rely on credit cards is growing, so as the number of online purchases they make. Those who own the 'plastic money,' in a way, always have the means of payment with them. Therefore, it is much easier to make purchases from people who prefer carrying cash. Also, the money transaction is secure, unlike, for example, personal checks that may have no cover when they arrive for payment.


Tips for Making Safe Money Transaction


People love online shopping because whatever they want, they can get it in minutes. However, in those few minutes, if they are not careful enough, they can make some cardinal mistakes that can compromise their money, data, and even personal security.


Use Trusted Websites


You only enter your payment card information on verified sites. Make sure you trust the information to the web source that protects and encrypts it. Don't send the credit card information to anyone online. Always turn off automatic password storage in your browser.

Trusted web stores always give terms of use in some parts of the website. It needs to explain everything that defines the relationship between you as the buyer and the seller. The same goes for customer support. A seller’s e-mail, phone, or contact form should be available 24/7.

In the link below, learn how to spot fraudulent websites:

https://www.lifewire.com/how-to-spot-a-scam-website-4151909.


Avoid E-mail Links


E-mails are the most used way of cheating people on the Internet. In the messages you receive, there can be links that, with just one click, send all your information to the sender. Even when it is an e-mail from a verified sender, always go directly to the online store via a browser.


Check Report from the Bank


Although a large number of banks have complex systems that can detect unauthorized use of the credit card, you must follow the bank reports as well. Transfers you make on the Internet are generally recorded within minutes. If you notice any suspicious action, call the bank immediately.


Add Extra Protection


Many credit cards have extra security. Some cards require entering a secret code each time you make a purchase. Others use safety questions and many other types of verification each time a user enters a card number.


Speed life, a lack of free time, and distance lead us to start using new technologies, in order to ease our everyday activities. Buying things has never been easier, as Internet shopping replaced going to stores. Internet transactions became our reality.





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