6 Ways to Ensure Safe Online Spending


2. Buy Internet Protection Software

In order to ensure safe shopping, you must install internet protection software in your computer. This will help you to keep your private data safe. You must update your computer with software that protects from spyware, adware, viruses and Trojans. Use pop-up blockers to make shopping easier and also protect you from fake sites that appear like they are part of the genuine site you are shopping.

More: 5 Red Flags of a Financial Scam

3.  Use Third-Party Payment Options

When you shop online, choose the mode of payment carefully. As there is always a danger associated with using debit card as a mode of payment since it is directly linked with your bank accounts. Any online fraud can possibly clean out your entire savings account. You must neither opt for any wire funds (electronic money transfer) via Western Union or Money Gram. If you use your credit card to make the payment, many sites try to retain your credit card information for future purchases. Think again whether you are comfortable sharing your credit card details with the merchant. There is another feasible option is to use a third-party payment option such as PayPal. PayPal stores your credit card information so that you don’t have to share your credit details with multiple vendors. The transaction will register PayPal as your payment method, and it keeps your credit card information private.

Also Read: How to Defeat your Financial Demons?