subject: Why Rely On An Electronic Payment System After Stories About Online Hacking And Leaks [print this page] It is still convenient and faster to purchase things that you want or need online as long as you consider safety in your part. This means that you choose a very legitimate website and buy only if you cant find it in any local store. Needless to say, there are still commercial stores online that are worth trusting and depending on especially if the electronic payment system used is very secure and safe. Here are some important facts that you have to know to make you trust the effectiveness of making transactions online through an online payment system.
PayPal Account
An online company that is created to exclusively support safety and protection of buyers when dealing transactions and payments via the web is PayPal. This is a secured way of transferring money online from one person to another. It is very simple to get a PayPal account by registering your information and linking your credit card details or bank information. It is like leverage of transferring money without exposing the important and confidential details of your finances. So, how can you use your PayPal in terms of shopping or paying on the web? There are websites that accept payment through PayPal and that is the kind of store online that you have to look for if you want to be sure about online security. That makes PayPal a secured payment system which you can rely on.
Security Questions and Requirements for Verification
Credit cards and debit cards are still used for online payments these days. Some stores online that have been known for years have no issues regarding payment systems. New shops on the web are easy to identify whether they are secured or not through the payment method they use. One way to find that out if you stop by to a website that is something fresh and new to you is the security requirements. For Visa and Mastercard, there are security numbers, passwords and other things needed to fill up by an online buyer to proceed to the payment. This is one example of a secured payment system that you have to check. It is not just about the 16-digit card number that you have to give but also the 3-digit numbers that are printed at the back of a credit card plus the password or pin code that you personally choose.
Virtual Credit Cards
If you are not convinced enough to expose your credit card or debit card, try using virtual credit card (VCC). This is like using another card that is linked with your personal credit or debit card. It is a lot safer because the details embedded on your card are not exposed in any way when purchasing online or making payments on a web store.
