The ease of shopping and comparing products and prices online has made it an attractive option for many shoppers. How can we make sure our transactions are safe and our credit card information going only where we intend it to ? There are several ways to help ensure safe transactions on the Internet, and more are becoming possible all the time. Some of these include:

1.    Stored-value cards (cards that we can buy with specified, loaded Rs. amounts)
2.    Smart cards (cards that can act as credit cards, debit cards and/or stored-value cards)
3.    Point-of-sale (POS) devices (like our PDA or mobile phone)
4.    Digital cash
5.    E-wallets
6.    Online payment Services like paypal

The most important method for paying for the things we purchase online is still the credit card. The following list provides some tips on how to make sure our transaction is secure and to do so following steps can be taken:

(a)    Use the Latest Internet Browser: The program that we use to surf the Internet is called a browser. This software has built-in encryption capabilities that scramble the information we send to a server. Using the most recent browser ensures that the data is protected using the latest encryption technology. This technology also uses a Secure Sockets Layer (SSL), which is an Internet security protocol used by Internet browsers and Web servers to transmit sensitive information.

(b)    Look for Digital Certificates: That authenticates the entity we are dealing with. Independent services like VeriSign will authenticate the identity of the Web site we are visiting. Web sites that use this service (usually those that sell items or services online) will have the VeriSign logo. By clicking on the logo, you can be assured that the site is legitimate, rather than a clone of the legitimate company set up to collect your personal and financial information.

(c)    Read the Privacy Policy: The information we enter on the Web site should be kept confidential. Make sure we read the company’s privacy policy to ensure that our personal information won’t be sold to others.

(d)    Only Use One Credit Card for all of your online purchases.

(e)    Never give our passwords or user ID information online unless we known who we are dealing with and why they need it.

(f)    Keep Records of All of Our Internet Transactions. Watch our credit card statement for the charges and make sure they’re accurate.

(g)    After we have made Purchases Online, Check our E-mail. Merchants often send confirmation e-mails or other communications about our order.

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