Thursday, April 16, 2009

How to conduct yousr online business transactions safely

As much as the internet is becoming hard to control with a lot of credit card theft and banking details stolen, many companies are working hard to make it a safer place. There are now stronger internet security anti virus. anti phishing to protect you from being directed to illegal websites with will steal your information and money.
The amount of credit cards stolen has increased drastically in such an extent that they are being sold in underground markets at very low prices.

If you usually buy products online or you sell products online there is a safer way of reducing the amount of money stolen if that ever happen.

1) Using a debit card that is linked to your bank account will put the money you have in our account at risk. This is very common and many people includign my friends do it. i advice you to stop it if your doing the same as you will lose everything you have.

instead you should open a separate account that will only be used for online transactions if in case your card information was stolen and someone managed to access your account they would only be limited to the amount you have in that account.

2) avoid using your credit card all the time online as exposing it would increase the risks.

instead open a Paypal account. it is safe and very continent. it can be used for buying and selling online.

3) Get your self a pre-paid debit card this card can be reloaded on the go and is not linked to any of your bank accounts so making it safe and the amount you might lose if the information was stolen is limitted to the amount you topped up into it.
have a safe online experince:)

3 comments:

  1. Everyone should get a prepaid debit card instead of a card that is attached to their bank account. This way you only use the money you load on the card and your financial risk is reduced.

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