Identity Theft: Online Transaction Safety
Posted: Wednesday, January 19, 2011
by Mark A Priganc
http://www.SurvivingTheNightmare.com
When presenting the dangers and realities of Identity Theft I am often asked the question- “What can you suggest for safer online shopping?” Well, in order for me to be able to help as many people as possible I figured I should put a few of those tips into print.
So, let’s look at three suggestions that can help you shop online a bit safer.
2) Designate One Specific Credit Card for ALL of your online buying. Following the above tip and coupling it with this one streamlines the statements that you have to scrutinize for unauthorized charges. This alone can greatly reduce your chances of being scammed online.
3) Get a pre-paid credit card. The primary advantage of this method of operation is that a would-be thief has no access to your Personally Identifying Information (PII)… That is if you get a card that doesn’t require a direct deposit arrangement. Look around for the card that best fits your online shopping needs. Most of the pre-paid cards will have a monthly service fee of between $4.95 and $9.95. That is between $60 and $120 per year for the card. So, be aware of those costs. If you’re not doing much shopping online then this probably wouldn’t be a cost effective method. But, you can get a Visa or Mastercard gift card for those once in awhile purchases. If you go this route to protect yourself online, you may want to only keep enough money on the card for what you are planning on spending.
These three tips are by no means a complete list of potential safety measures but they can help to reduce your possibility of being the next online victim. Always practice vigilance when shopping online.
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