During and after COVID-19, the use of payment methods such as digital payments such as UPI, credit / debit cards and mobile banking increased across the country. It is very easy to do and everyone likes it, but there are many security issues behind it. Here are five tips to ensure safe digital payment transactions.
- Don't store your card details
Be careful not to save debit / credit card information when shopping online. Many people will save this information for easier payments in the future. But not saving card information after you've finished your online shopping is one way to stay safe and avoid scams.
- Use Private Browser for Money Transactions
When making digital payments, stay away from suspicious apps and websites, and use only trusted apps.
Using a private browser and secure HTTPS: / / links for transactions will increase financial security. It is designed for secure online banking and does not save cookies and credentials. Also, make sure to log out of the page once the transaction is complete.
- Don't give your password to anyone else.
The passwords for your internet banking accounts should be strong and accurate. Also, make sure you don't share your password with anyone. Also, do not respond to those who ask for a password and ATM pin code through a fake call. Individuals should use debit / credit cards only on trusted websites and apps. Also, use a protected virtual keyboard and don't forget to log out of the website after completing transactions.
- Avoid public computers and Wi-Fi networks
Avoid using public computers or Wi-Fi networks when making online transactions. Be sure to use only trusted websites. Transacting money using a Wi-Fi network can lead to data theft.
- Beware of fake apps
There are many fake apps in the App Store and Play Store. Multiple negative reviews, low downloads, and not having a 'verified' badge should all be avoided. Also, if the app asks for permission for camera, contact, SMS, etc. on the phone, read everything and use it carefully.
