Online credit cards are a combination of commerce and technology in one box. Information and connectivity barriers were breached with the introduction of the internet. With the internet came the idea of e-shops, or virtual stores that only existed online. These stores accept online credit card payments, so you might shop there. The products were delivered to your door after the online credit card payments were checked and accepted. This is what we expect when we mention “highest comfort and convenience.”
With more and more e-shops opening every day, using a credit card online is becoming increasingly common. The ability to accept credit card payments through the internet has given shopping a whole new meaning. You can now not only shop from the comfort of your own home, but you can also save money on these products. This is truly incredible. There’s no reason to be concerned about the weather, traffic delays, or anything else. Simply go to an e-shop, choose a product, pay using their online credit card payment service, and wait for the products to arrive at your door.
Starting a business (an online business) has never been easier thanks to online credit card processing.
However, there are no free lunches. The risk of online credit card fraud is one of the drawbacks of using a credit card online. There are two ways that online credit card fraud can occur. The first is linked to the company whose website you used to make an online credit card payment for the purchase of goods; this company may be dishonest, taking your online credit card payment but not delivering the goods to you. Furthermore, they can use the information from your credit card (which you provided by filling out an online credit card payment form) for fraudulent purposes.
Fraudsters who use different software/devices to intercept the details of online credit card purchases commit the second type of fraud (as you enter them on the online credit card payment form of a website). These programs are often referred to as spyware, and the fraudsters are referred to as online spies. The spyware collects keystrokes or screenshots of whatever you do on your device and then sends them to the spy.
There are, however, anti-spyware programs that can be used to combat such spyware. As a result, the ability to use a credit card online is a huge benefit to us. However, you should be cautious when making online credit card payments, such as not accessing your bank accounts or making online credit card payments from internet cafes (unless you are certain of the internet café’s credentials).
