With the growing popularity of e-commerce websites more and more people are now looking to shop online. From groceries to clothing, online shopping portals offer a lot many discounts as compared to physical stores. The ease and promptness of delivering further encourage people to take this up. Now, while most shopping portals do offer the option of paying cash on delivery, we often tend to miss out on the sakes and discounts while doing so. Another issue here is keeping the exact change handy which might not always be feasible.
It is due to these reasons that people prefer using their debit cards for online shopping. However, not people are well versed with the additional advantages of using cards for online shopping. These days most platforms provide EMI on debit cards and reward points as well. While making the most of these is your right, you need to be cautious about the security aspect as well. In this article, we will talk about 6 basic tips that will help you do all your online shopping with your debit card.
- 1 1. Be aware of where you are using your debit card
- 2 2. Understand the information that may be needed
- 3 3. Do not enter debit card details on wifi hot spots
- 4 4. Read the terms and conditions for EMI on debit card
- 5 5. Never provide debit card information on an email
- 6 6. Familiarize yourself with the brand
1. Be aware of where you are using your debit card
Before you enter any debit card details on a page, check the URL of the page. If it doesn’t have an address beginning with https, do not enter any sensitive information on it. As an extra security measure, you should look for the VeriSign or a paddock at the bottom of the page. The presence of this sign indicates that the website is using encryption to protect your data and you can safely enter the card number and CVV details, Most popular shopping portals like Flipkart, Myntra or Amazon has this sign and if you are shopping in an e-commerce website for the first time, it is always better to be on your toes and look for the logo.
2. Understand the information that may be needed
When you do online shopping with your debit card, you will be asked for the credit card number, the CVV, the expiration date of the card, the name on the card and the OTP for the transaction. If you are asked any other details, do not cooperate. Nothing else should be needed to carry out a safe debit card transaction.
3. Do not enter debit card details on wifi hot spots
In metros like Delhi and Bangalore, bus stations, coffee shops, and other public places are offering free WiFi services. Shopping in such places with your debit card is risky because that makes it easier for hackers to get all your debit card related sensitive information. You should stick to a secure internet network like that of a private home network when making online purchases with your debit card. If you do need to shop on free wifi, opt for cash on delivery or other payment options.
4. Read the terms and conditions for EMI on debit card
These days, most online shopping portals collaborate with banks to give you EMI on debit card on your purchases. You must read the fine print and understand the terms and conditions before you opt for this feature. The terms of different banks differ and it is always better to know what you are getting yourself in before you make the actual purchase.
5. Never provide debit card information on an email
Understand that an online purchase has to be made with a secure online form. If you receive an email asking for debit card details, chances of that being from hackers are much higher. To protect your account, it is important that you do not click on any links given in the email asking for debit card information. If the online shopping portal requires you to solicit your debit card details via email, understand that it is not safe to do business with them.
6. Familiarize yourself with the brand
Before you use your debit card on a shopping portal, you must familiarize yourself with the brand. For bigger and well-known brands like Amazon, Flipkart or Myntra, that might not be necessary. However, if it is something that you have not heard of, it is always better to look up the reputation of the portal before you use your debit card there. The very first page of a simple Google search will give you all that you need to know.
Like the debit card, online shopping has brought convenience to our fingertips. Contrary to popular beliefs, debit cards are safer than cash for making online transactions. The fact that there is a limit on what you are liable for in case of threat is a huge relief in this regard. However, in spite of all of that, one must remain alert when transacting online with their debit cards.