Online credit card
“Online credit card usage” – convenience at its best
Commerce and technology, combined as a one package – this is
what online credit cards are.
With the advent of internet, the knowledge and communication
barriers were broken. Also, with internet, came the concept of
e-shops or virtual shops that existed only on the internet. You
could shop at these shops by making use of their online credit
card payment-acceptance ability. Once the online credit card
payments were verified and approved, the goods got delivered to
your door. This is what we call convenience at its
best.
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 totally 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 bother 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 unbelievably
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
happen 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 various
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 popularly 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 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 café).
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