How to Stay Safe Online While Using Your Credit/Debit Cards

It has become very unavoidable to make use of credit and debit cards since most transactions and dealings in modern days are on the internet and mobile.

That's why staying safe online why making your transaction is a crucial topic worthy of discussion.

To stay safe while using credit or debit cards involves a combination of proactive measures and careful habits to protect your financial information. 

Check out few tips to help you stay safe:

1. Keep your cards safe

Ensure to safeguide your credit card in a secure place, which can be wallet or purse that has a zipper. This will ensure your card won't get lost.

Also avoid leaving your card out in the open or in a place that is easily accessible.

2. Monitor your accounts regularly: 

Regular review of your bank and credit card become paramount so as to be aware of unauthorized transactions.

You can also set alerts with your bank which will notify you of any suspicious activity.

3. Use secure websites and ATMs

A website or app on which you log your credit card must be secure, which you can detect by looking for HTTPS in the URL and a padlock icon in the address bar. 

Also, when using ATMs, choose machines located in well-lit areas and check for any signs of tampering before inserting your card, as well as being wary of who might want to sneak on you to see your card details.

4. Protect your PIN

Memorize your PIN and never share it with anyone. When entering your PIN at an ATM or point-of-sale terminal, shield the keypad with your hand to prevent others from seeing it.

5. Be cautious with your information

To ensure safety of your card why transacting online, avoid sharing your card information, such as the card number, expiration date, and CVV code, over the phone or via email unless you initiated the contact and are certain of the recipient's identity. 

Scammers might phone you pretending to be from your bank and asking your for card details. You must not such caller their request.

6. Use secure networks

The networks on which your account is logged on or checked is crucial. Ensure such Wi-Fi networks are secure before your commence sensitive activities, else your are taking too much risk, as they may not be secure and could be intercepted by hackers.

7. Enable two-factor authentication

Whenever possible, enable two-factor authentication for your online banking and shopping accounts. 

This adds an extra layer of security by requiring a second form of verification, such as a code sent to your mobile device.

8. Regularly update your passwords

 

Choose strong, unique passwords for your online accounts and update them regularly. Avoid using easily guessable passwords or using the same password across multiple accounts.

9. Be wary of phishing scams 

Watch out for phishing emails, texts, or phone calls that attempt to trick you into revealing personal or financial information. Be cautious of unsolicited requests for sensitive information and verify the legitimacy of any communication before responding.

10. Report lost or stolen cards immediately

If your credit or debit card is lost or stolen, report it to your bank or card issuer immediately to have it deactivated and prevent unauthorized use.

By following these tips and staying vigilant, you can help protect yourself from fraud and unauthorized use of your credit or debit cards.