Let’s learn about the pros and cons of using credit card online. With the booming of internet, the usage of credit card has widespread. After the online credit card payments were verified and approved, the goods got delivered to your door. This is the benefit of online credit card usage.
With more and more e-shops getting setup everyday, online credit card usage is becoming even more popular. The possibility of receiving online credit card payments has given a entirely new dimension to shopping. Now, you can not only shop from the comfort of your home, you can even get discounts on these products. This is really amazing. No need to worry about the weather, no need to worry about the traffic jams or any other thing. Just go to an e-shop, select a product, make use of their online credit card payment-acceptance facility to make the payment and be ready to receive the goods at your doorstep.
With online credit card processing facility, starting a business (an online business) has become just very easy.
However, there is nothing without pitfalls. One of the pitfalls of online credit card usage is the possibility of online credit card fraud. This online credit card fraud can occur in two ways. The first one is related to the company, on whose website you made online credit card payment for purchase of goods; 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. 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. The second type of fraud is committed by fraudsters who use numerous softwares/devices to capture the details of online credit card payments (as you enter them on the online credit card payment form of a website). These softwares are widely known as spyware and these fraudsters as online spies. The spyware works by capturing keystrokes or taking screenshots of whatever you do on your computer and then passes it on to the spy. However, there are anti-spyware softwares available which can be used to counter such spyware.
So, the arrival of online credit card usage is a windfall to us. However, you must be cautious when making online credit card payments e.g. don’t access your bank accounts or make online credit card payments from internet cafes or public computers.