Precautions to remember during online transactions

No doubt, the internet has made our life easier by giving access to everything via online modes. Today, it is considered one of the best ways through which we can get in touch with the person who is far away, or carry out any transactions instantly. However, unfortunately, at the same time, it can also be dangerous if we take a few essential precautions. Today hacking has been prevalent, and anyone’s bank account or any other sensitive information can be compromised if the user is ignorant. However, you can avoid this and safeguard your money with these tips while paying online.

·         Use only SSL certified sites-

Before proceeding with your transactions, make sure that the website is protected with an SSL – Secure Sockets Layer. Check if the website, which asks for personal details or credit card details, starts with https and not with HTTP before you continue with your online bill payment. Using a website with https means it has an SSL.  

·         Opt for two-step authentication-

Many online platforms have started using the two layers of security. It gives the option of receiving a text message, which consists of random verification codes. This comes after entering your password through unknown devices. This is the best way to keep all your data safe. If someone tries to access your password, you will be notified and can take actions immediately. So, you will be receiving this code for every online transaction, and if you haven’t initiated any transaction still received the code, it means someone is trying to use your account, and you need to complain to your bank immediately. 

·         Shop from authorised websites-

Nowadays, you will find many sites offering various products. Before heading towards final payment, make sure you have reviewed the website thoroughly; do not forget to check the reviews of the website. 

·         Create passwords with strong combinations-

Most of the sites ask you to create credentials to ease your work. When you are asked to create a username and a password, make sure it is unique and difficult to guess. Creating passwords with a potent combination such as numbers, upper case and lower case is very important. Even create your credit card passwords with a strong combination. Do not create a password using your name or birth date. Do not use the same passwords on multiple sites. This helps you to secure your personal information and transactions too. If you use the mobile phone for online transactions, do not save passwords in notes on the mobile.

·         Use a firewall-

Though your network might be protected, still try using a firewall. It is an electronic barrier to block unauthorised access or intrusion to your devices.

·         Browsing with a VPN is essential-

It is a virtual private network, which acts a third party between the web and your computer. Thus, protects it with an extra layer of encryption.

These tips will ensure that all your online bill payments are hassle-free and safe; they are easy to follow and protect your sensitive data and money seamlessly.