MAKE SAFE FINANCIAL TRANSACTION WHILE ONLINE SHOPPING

When was the last time you shopped online?

Not hard to remember, correct?

Online shopping is now not just popular with youngsters, but every generation is now exploiting the comfort of buying through one click. As our banking and online transactions are increasing, so are the internet frauds. Our sloppy shopping habits have fueled internet fraud, but there are ways in which we can protect ourselves.

Defend our computer Firstly, protect your computers by keeping it updated and installing legitimate antivirus programs to safeguard online transactions. Also, never turn off your firewall.

Create strong passwords It is often the most reiterated alternative yet remains to be least acknowledged. A strong password means it is easy for you to remember but hard for somebody else to guess. It can be long phrases or sentences that contain a mix of lowercase, and uppercase letters, numbers, and special characters. Keep the PINs a secret, and don’t share them on emails or texts. Lastly, try to use unique passwords for banks and other important accounts. Let us go one step further to our checklist. E-commerce website: Do not trust a vendor without the “S” after “http”. To ensure your online transaction is secure, always look out for “https://” as the “s” stands for secure. Also, use reputable third-party services such as Paytm or Paypal for such transactions. Keep this in mind while shopping:

Do not allow your computer to store your name and passwords for banking websites.

Always log out of banks and credit cards after completing your transaction. Also, when putting information for security questions online, use false information unrelated to your personal information. But don’t forget to keep track of your answers. Do not use public WiFi or try not to shop often through them. The security of public WiFi is unreliable. Hence, it is better to avoid paying bills, shop, or make transactions on public computers.

Print or save a copy of your order :

It is better to verify the transactions yourself through the receipts instead of using links from the seller. So, next time you shop, save a copy of your order.

Worst case scenario :

In case you suspect any fraudulent activities on your card or bank account, immediately report it to be eligible for fraud liability protection.

Online transactions are inevitable when you're shopping online, but a few simple steps can help you protect yourself from internet fraud.

Lakshmi Monga

Well Being Shiksha Foundation

Brand Ambassador