Online shopping and banking opportunities have increased the popularity of usage of Credit Cards. But the counterfeiters have invaded this area also. Credit Card frauds can cause heavy losses to the holder. But these losses can be avoided by taking some timely precautionary measures:
- Avoid shopping from websites which are not certified by Verified-by-Visa or MasterCard SecureCode.
- Be careful when providing personal information online. Never give out personal or account information to anyone you do not trust.
- Ensure the Credit Card is swiped in your presence.
- After making any transactions, please make sure that the charge slip is complete before signing.
- Be wary of promotional scams. Identity thieves may use phony offers to get you to give them your personal information.
- Never keep your Credit Card and its related information like PIN together.
