Most people make purchases through their cards. It is so convenient to use. You don’t have to bring bulk of cash in order to make huge acquisitions. But we have to keep in mind that our
Thieves can use the information stolen in two ways. They can open a new
There are signs that a card is not legitimate. Because of this, personnel or sales clerks processing the payment should watch out for signs of fraudulent card payments. A card may be bad if the person using it cannot show any other identification. A thief may not have any other identification similar to the information appearing on the
Fortunately, there are ways on how to protect your
Always protect your Personal Identification Number or PIN and security code. Don’t write this information down because the hardcopies of identification can be misplaced and may land on a culprit’s hands. Secure it when you’re traveling as well.
Once you made a purchase, check the card immediately when returned to you. Make sure that it is your card. You should also check the device use in accessing your card because it can be a skimming device.
In case a
It is also very helpful for you to check the billing statement regularly. You will easily identify unauthorized purchases this way. If you are able to find any, report them to the card company right away. And be careful to whom you give your card number especially when on the phone. Give information only to reputable organizations. It is important that you have the right information of the person on the other line since it’s your account that is at stake. One mistake and it may cause you a fortune.