How safe is it to pay online and what can you do to minimise the risk of online fraud?
Today’s online payment methods are deemed safe enough for Internet shopping.
What are the most common myths of online payments?
Myth #1. Once I enter my bank details into the system, they will automatically become available to online scammers who will hack my bank account and steal my money.
This is wrong. Payment methods used by US online stores are protected from scammers and safe.
However, be sure to use online stores with good reputations and online retailers recommended by Shopfans. Also, look out for the little green padlock in your browser which indicates that your connection to a website is secure.
Myth #2. The seller will charge me but won’t ship the item
American online stores value good reputation and will never knowingly cheat their customers. If you want to make sure that the seller is 100% legitimate, browse the seller’s website find Contacts or Find Us page and make sure that the seller has online Customer Service, contact details, Facebook or Instagram page and that it is located in the United States.
Myth #3. The store will mess up my order and send me the wrong item
Unfortunately, due to human factor these things happen. That’s why Shopfans recommend that you let us take photos of your items when they arrive at the warehouse. In case of mistake you would be able to send the complaint to the seller and the issue would be quickly resolved. In most cases merchants will send you the correct item or issue refund ASAP.
What can I do to make online shopping process safe?
— Get an account that you will only use for online shopping. This will allow you to easily monitor your payments.
— Don’t keep all your money on the account you use to shop online. Put money across to this account only when you plan to buy something.
— Alternatively, set daily transaction account limit which normally can be easily done on your bank’s website or over the phone.
— Set SMS-notifications for your bank account. This way you will automatically be notified of any transaction.
— Always look out for the little green padlock in your browser indication that the website is secure.
— Never disclose your pin-code to anyone and don’t keep all your online credential in the same place.
— Get a PayPal account which will make your transactions 100% secure. PayPal has a very strict Buyer Protection policy and allows you to get the money back if your item doesn’t arrive as planned.
If you use a non-US credit card to pay for your purchase, a seller may ask you to verify bank details. This is a standard procedure in in most cases only required once.All you need to do is email seller a document with a proof of your name and address.
Don’t panic in case you get double-charged within several days after you placed you order. As a matter of fact, in most cases it means that your bank simply held payable amount and within 30 days or less your money will become available. Oftentimes it takes only one phone call to the bank to release the money.