Internet Shopping Safety- How to Avoid Fraud Online

by Patti | October 21st, 2008 | Money Saving Hints

When it comes to shopping online, there are things you can do to ensure your safety. Read on for some tips to keep you out of harm’s way.

Do your research
Before you shop with any given website, take the time to research the company thoroughly. Read the privacy policy of the company, if it has one, in order to understand the manner in which your personal information will be handled. If everything seems all right and you decide to shop at the website, always keep good records. When your credit card statement arrives, look it over carefully and make sure there are no discrepancies.

Get a virtual credit card
All online shoppers worry about whether their personal information is safe after they have made a purchase. One option available to you, as opposed to using your regular credit card for purchases, is to use a virtual credit card that is only valid for the site in question and cannot be used anywhere else. This method is secure, reliable and budget friendly for both yourself and for the company.

Have a virtual check done
A virtual check is simply an electronic data exchange that makes it possible for you to do a paper check at the Treasurer’s Office or Tax Collector’s Office to verify that the money you spent on a purchase has actually been transferred. When this is done the only individual privy to your personal information is the tax collector or deputized tax supervisor. A virtual check offers peace of mind when you shop over the Internet and eliminates the concern that your credit card will be stolen.

Transaction encryption
It is always important when you shop online to be aware of the presence of hackers. These cunning individuals always are looking for ways to steal your personal information for their own criminal purposes. Cut down on the chances of this happening by always making sure that you shop at sites that are secure. Secure sites will have a web address that starts with https as opposed to http. If you work with Microsoft Internet Explorer then look at the bottom right of the browser window. Here you will see a security lock image (or padlock) that means that the site is encrypted with SSL technology.

  1. Renki says:

    nice article.

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