Paying Safe Online
When you are using the internet to make online payments for purchases and services, prudence dictates that you ensure the safety and security of all your transactions and personal information as well as remain aware of any fraudulent deals. While it is not always possible to control such deception on the internet, you can reduce it through proper vigilance and consequent reporting of the same to the authorities.
Some of the ways to minimize risk:
It helps to use a secure browser. In order to secure the purchase information sent over the Internet, secure browsers use special encryption software that will help protect such information. Almost all computers today already have a secure browser installed. You could also download browsers freely over the Internet at no charge.
Maintain proper records of all your online transactions. Ensure you have read all your email correspondence thoroughly because sellers may send you important information about your purchases and services.
Review your monthly bank and credit card statements daily and scan for any billing errors or unauthorized purchases. In case you lose your credit card or checkbook or if it is stolen, inform your credit card issuer or bank without delay.
It is wise to read thoroughly the policies of Web sites you visit, like the Web site’s security disclosures, its refund policies, and its privacy policy on collecting and using your personal information. The disclosures are usually found at the bottom of the home page, on order forms or sometimes in their ‘FAQs’ and ‘About Us’ sections. If there is no privacy policy listed it is best to look for another site.
It is imperative to keep your personal information as private as you can. Do not reveal information like your address, telephone number, Social Security number or e-mail address - unless you know who's collecting the information, why they're collecting it, and how they'll use it. Payment information should be given only to those businesses you know and trust and through appropriate channels like order forms. Never disclose you password online; not even to your Internet service provider. It van be misused.
It is advisable not to download files sent to you by unknown people or click on links from people you don't know. Opening such a file could expose your system to a computer virus. If you notice any problems or errors, ensure that they are corrected instantly.
Lastly, check your credit account and bank account statements regularly. Sometimes the statements may have errors that might damage your creditability or reflect inappropriate charges or transfers. On the discovery of such an error, alert the financial institution and remedy the error immediately. Along with reporting such a discrepancy through e-mail or via telephone, it is best to also send a written notice. Written evidence will ensure the protection of you federal rights. The written notice should be sent by certified mail where a return receipt of such delivery along with a copy of your letter is kept by you in your files.
