Online Credit Card Safety - Is it OK?
By Marie Jones
It is becoming more and more difficult to keep your credit cards safe from online fraud and deception. Some companies have instituted measures that are helping. Here's what you can do to keep online credit card transactions secure.
PayPal. PayPal was started in order to further safe payment activities on the Internet. PayPal allows you to use a simple email address that is connected to an account. Anytime you make a payment with your email address, the money is pulled from this account. Also, those who also participate in PayPal as buyers, can send money to your PayPal account with just your email address. The idea is to 'hide' or secure your account behind an email account which prevents having to expose your account information to potential theft. That is not to say that there are those who have used stealthy methods to obtain a person's money from their PayPal account, but it is one of the safer ways to conduct commerce on the Internet. PayPal is used by many who do business through Ebay and is owned by them as well.
Verisign. This company is in the business of verifying secure sites with which to perform business on the Internet. They are seen with their small padlock on or near where your payments would be made on an Internet site.
One credit card for online use only. There is another philosophy about conducting business on the Internet that makes sense and insolates a person from fraud and identity theft. This involves the use of a credit card that is obtained solely for the purpose of buying items on the Internet. The way it should work is that you would get a credit card and use it ONLY for buying items on the Internet. Furthermore, you would make sure that the account limit would be low enough to cover your purchases but high enough to be able to make the purchases that you need to in order to conduct business in this manner.
Even though you are not responsible to pay if your credit card number is stolen and used, this still helps mitigate the frustration that occurs if something does happen. And, it keeps your other credit cards from becoming exposed on the Internet to hackers who try to obtain numbers by cracking large databases.
Separate bank accounts. Some have even suggested further isolating your online banking activities from the rest of your financial activities by opening up a separate checking account through which all money flows for Internet shopping activities. And, if you open the account at the same bank as your primary checking account, then you could move money between the two accounts easily by logging onto the Internet, or by using phone services.
All of this follows the changes that the credit card industry has gone through in the last year of financial turmoil. It is reflected in the difficulty in obtaining some of the best cards that are offered, like balance transfer cards and specific rewards based cards, too.
The answer to the question of whether or not it is safe to use credit cards in online shopping activities, the answer is 'yes' but within the guidelines presented above. If you choose not to make use of them then you open up yourself to the headaches and problems associated with having your card number stolen. Plus, it costs money in terms of the time that it takes companies to investigate and prosecute each incident.
Marie Jones, Writer for CreditCardFlyers.com
CreditCardFlyers.com is known for it's leading resources of credit card offers and balance transfer credit cards. We provide valuable information in one convenient place so consumers can easily search and compare balance transfers and apply instantly online.
======================================
When Your Credit Card Gets Denied!
By Ken Lordis
Ever wonder why that when you make a charge on your credit card and it doesn't go through because your card has expired? But yet, other times it goes through without so much as a word from the issuer? Just lucky?
Many people believe that the expiration date on their credit card - which is normally the last day of the month that the card is due for renewal is fairly cut and dry. Once it goes beyond that date, you can't use the card, right? Well, not really. The large important retail accounts often have agreements, not in writing of course, with credit-card issuers that allow charges to be made without using the month and year expiration date. But that doesn't help when you need to get whatever you are buying - paid for.
If the card is charged beyond the expiration date, then the consumer can dispute the transaction with their bank or credit card company. The only thing that makes it not so user friendly is that you cannot withdraw cash when you need it in an emergency. The banks always require a current expiration date if they're giving you currency at an ATM.
Here is another reason that your credit card may not take the charge that you intended, even if everything appears correct. And I am sure this has happened to many consumers.
You make a charge at a department store and your credit card is denied - the clerk doesn't take it away from you, and politely asks for another. Yes, it's embarrassing, but also a safety feature provided by the institutions that look out for themselves first. Here is what happens. Perhaps the purchase was larger than most of your average purchases. The issuer has a program set to keep track of your spending habits and if you go beyond, well....
Here is another situation: if you happen to be out of town in another state or country for that matter, the issuing bank will deny the charge to protect the account against having to pay out a possible fraudulent charge from a stolen credit card. It forces you to call the bank and tell them where you are and what you're doing, in addition to giving them all of your basic personal information to verify that you, well, are you.
Of course, this feature also protects you from when your daughter or son manages to get hold of your credit card and decide that they only used it because it was an emergency. Of course, giving someone your credit card number is even more foolhardy that giving away cash.
Now, are there other reasons why you would be denied use of your credit cards, particularly when there is an emergency? Of course; it may be wise to look further ahead into pros and cons of owning and using credit cards. You never know when an emergency can happen.
Ken Lordis writes articles on on more than 20 subjects from art to yachts. There is additional consumer information available at http://www.BestCreditCardChoice.com The subject matter in other articles is varied and presented in a useful manner. His current project includes information on business planning, personal credit and starting a new business venture. Other articles and free eBooks can be found at http://www.ProBusinessHelp.Com
Copyright © 2008 Ken Lordis All Rights Reserved
By Marie Jones
It is becoming more and more difficult to keep your credit cards safe from online fraud and deception. Some companies have instituted measures that are helping. Here's what you can do to keep online credit card transactions secure.
PayPal. PayPal was started in order to further safe payment activities on the Internet. PayPal allows you to use a simple email address that is connected to an account. Anytime you make a payment with your email address, the money is pulled from this account. Also, those who also participate in PayPal as buyers, can send money to your PayPal account with just your email address. The idea is to 'hide' or secure your account behind an email account which prevents having to expose your account information to potential theft. That is not to say that there are those who have used stealthy methods to obtain a person's money from their PayPal account, but it is one of the safer ways to conduct commerce on the Internet. PayPal is used by many who do business through Ebay and is owned by them as well.
Verisign. This company is in the business of verifying secure sites with which to perform business on the Internet. They are seen with their small padlock on or near where your payments would be made on an Internet site.
One credit card for online use only. There is another philosophy about conducting business on the Internet that makes sense and insolates a person from fraud and identity theft. This involves the use of a credit card that is obtained solely for the purpose of buying items on the Internet. The way it should work is that you would get a credit card and use it ONLY for buying items on the Internet. Furthermore, you would make sure that the account limit would be low enough to cover your purchases but high enough to be able to make the purchases that you need to in order to conduct business in this manner.
Even though you are not responsible to pay if your credit card number is stolen and used, this still helps mitigate the frustration that occurs if something does happen. And, it keeps your other credit cards from becoming exposed on the Internet to hackers who try to obtain numbers by cracking large databases.
Separate bank accounts. Some have even suggested further isolating your online banking activities from the rest of your financial activities by opening up a separate checking account through which all money flows for Internet shopping activities. And, if you open the account at the same bank as your primary checking account, then you could move money between the two accounts easily by logging onto the Internet, or by using phone services.
All of this follows the changes that the credit card industry has gone through in the last year of financial turmoil. It is reflected in the difficulty in obtaining some of the best cards that are offered, like balance transfer cards and specific rewards based cards, too.
The answer to the question of whether or not it is safe to use credit cards in online shopping activities, the answer is 'yes' but within the guidelines presented above. If you choose not to make use of them then you open up yourself to the headaches and problems associated with having your card number stolen. Plus, it costs money in terms of the time that it takes companies to investigate and prosecute each incident.
Marie Jones, Writer for CreditCardFlyers.com
CreditCardFlyers.com is known for it's leading resources of credit card offers and balance transfer credit cards. We provide valuable information in one convenient place so consumers can easily search and compare balance transfers and apply instantly online.
======================================
When Your Credit Card Gets Denied!
By Ken Lordis
Ever wonder why that when you make a charge on your credit card and it doesn't go through because your card has expired? But yet, other times it goes through without so much as a word from the issuer? Just lucky?
Many people believe that the expiration date on their credit card - which is normally the last day of the month that the card is due for renewal is fairly cut and dry. Once it goes beyond that date, you can't use the card, right? Well, not really. The large important retail accounts often have agreements, not in writing of course, with credit-card issuers that allow charges to be made without using the month and year expiration date. But that doesn't help when you need to get whatever you are buying - paid for.
If the card is charged beyond the expiration date, then the consumer can dispute the transaction with their bank or credit card company. The only thing that makes it not so user friendly is that you cannot withdraw cash when you need it in an emergency. The banks always require a current expiration date if they're giving you currency at an ATM.
Here is another reason that your credit card may not take the charge that you intended, even if everything appears correct. And I am sure this has happened to many consumers.
You make a charge at a department store and your credit card is denied - the clerk doesn't take it away from you, and politely asks for another. Yes, it's embarrassing, but also a safety feature provided by the institutions that look out for themselves first. Here is what happens. Perhaps the purchase was larger than most of your average purchases. The issuer has a program set to keep track of your spending habits and if you go beyond, well....
Here is another situation: if you happen to be out of town in another state or country for that matter, the issuing bank will deny the charge to protect the account against having to pay out a possible fraudulent charge from a stolen credit card. It forces you to call the bank and tell them where you are and what you're doing, in addition to giving them all of your basic personal information to verify that you, well, are you.
Of course, this feature also protects you from when your daughter or son manages to get hold of your credit card and decide that they only used it because it was an emergency. Of course, giving someone your credit card number is even more foolhardy that giving away cash.
Now, are there other reasons why you would be denied use of your credit cards, particularly when there is an emergency? Of course; it may be wise to look further ahead into pros and cons of owning and using credit cards. You never know when an emergency can happen.
Ken Lordis writes articles on on more than 20 subjects from art to yachts. There is additional consumer information available at http://www.BestCreditCardChoice.com The subject matter in other articles is varied and presented in a useful manner. His current project includes information on business planning, personal credit and starting a new business venture. Other articles and free eBooks can be found at http://www.ProBusinessHelp.Com
Copyright © 2008 Ken Lordis All Rights Reserved
Tips Menembus Harga Pasar Handphone
