Online Credit Card Usage - Convenience At Its Best

Category: Finance, Credit.

Online credit card usage - convenience at its best. With the advent of internet, the knowledge and communication barriers were broken.

Commerce and technology, combined as a one package- this is what online credit cards are. Also, came the concept, with internet of e- shops or virtual shops that existed only on the internet. Once the online credit card payments were verified and approved, the goods got delivered to your door. You could shop at these shops by making use of their online credit card payment- acceptance ability. This is what we call convenience at its best. The possibility of receiving online credit card payments has given a totally new dimension to shopping.

With more and more e- shops getting setup everyday, online credit card usage is becoming even more popular. Now, you can not only shop from the comfort of your home, you can even get discounts on these products. No need to bother about the weather, no need to worry about the traffic jams or any other thing. This is really amazing. Just go to an e- shop, make use of, select a product their online credit card payment- acceptance facility to make the payment and be ready to receive the goods at your doorstep. However, there is nothing without pitfalls. With online credit card processing facility, starting a business( an online business) has become just unbelievably easy.

One of the pitfalls of online credit card usage is the possibility of online credit card fraud. The first one is related to the company, on whose website you made online credit card payment for purchase of goods. This online credit card fraud can happen in two ways. This company itself could be fraudulent i. e. it could take the online credit card payment from you but not deliver the goods to you. The second type of fraud is committed by fraudsters who use various software/ devices to capture the details of online credit card payments( as you enter them on the online credit card payment form of a website) . Moreover, they could use the details of your credit card( received through the filling up of online credit card payment form by you) for fraudulent purposes. This software s are popularly known as spyware and these fraudsters as online spies.

However, there are anti- spyware software s available which can be used to counter such spyware. The Spyware works by capturing keystrokes or taking screenshots of whatever you do on your computer and then passes it on to the spy. So, the advent of online credit card usage facility is a boon to us. However, you must exercise caution when making online credit card payments e. g. don t access your bank accounts or make online credit card payments from internet cafes( unless you are absolutely sure about the credentials of the internet cafe) .

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