With the prompt maturity of the online stores' transaction, various payment ways are available when you shop online. Most people choose Credit Card to pay due to its convenience. However, folks always concern its safety of the payment online.
"As a matter of fact, the safest way to shop online is to pay with a credit card. " the most popular online store Ed Hardy hasÂ declared last month. In the event something goes wrong, you are protected under the federal Fair Credit Billing Act. You have the right to dispute charges on your credit card, and you can withhold payments during a creditor investigation. When it has been determined that your credit was used without authorization, you are only responsible for the first $50 in charges. You are rarely asked to pay this charge.
We recommend that you obtain one credit card that you use only for online payments to make it easier to detect wrongful credit charges.
Online shopping by check leaves you vulnerable to bank fraud. And sending a cashier's check or money order doesn't give you any protection if you have problems with the purchase.
Make sure your credit card is a true credit card and not a debit card, a check card, or an ATM card. As with checks, a debit card exposes your bank account to thieves. Your checking account could be wiped out in minutes. Further, debit and ATM cards are not protected by federal law to the extent that credit cards are.
Whatâ€™s more, you should never give out your social security number when you shop online. Providing your Social Security number is not a requirement for placing an order at online stores. There is no need for the merchant to ask for it. Giving out your Social Security number could lead to having your identity stolen. Hope you can choose the best and safest way to pay online.Â