Alternative means of payment for paper money have emerged as a convenience and security option, as it is easier to carry cards or checkbooks rather than cash. In the event of problems such as theft and loss, cancellation can be made easier and faster, and avoid a greater financial loss.
In e-commerce, there is no need to carry physical objects (such as banknotes, plastic cards or checkbooks) to make purchases, as every transaction is made through data that is entered directly on the store and bank website.
With the confirmation of personal (full name, address, documents and birth) and financial details, anyone can make a purchase on your behalf on the internet. There are currently a number of safe and well-known websites where you can shop smoothly, but it is essential to be careful and watchful when transacting online.
Ensure the origin of the site and the use of secure connections when making purchases and payments via the web;
Search the Internet for references to the site before making a purchase;
Be wary of prices far below market prices;
Do not make purchases or payments through third party computers or public Wi-Fi networks;
Whenever in doubt, contact the relationship center of the company where you are making the purchase;
Check your bank account and credit card statement periodically, and if you detect a suspicious entry, contact your bank or credit card company immediately;
When making a payment for a purchase, never provide credit card data on non-secure sites or unencrypted emails;
Keep your computer safe by using and updating anti virus programs.
According to data from Febraban, banks increased their investment in software and security procedures from 3.5 billion in 2008 to 7.4 billion reais in 2012 to prevent digital fraud. Another way banks use to increase the security of online transactions is by adopting additional security features such as special internet passwords, password cards, tokens and biometrics (fingerprint).
Still, according to the online audience, security is still one of the biggest issues in e-commerce. According to research by PaymentOne and Javelin Strategy & Research ( Why Consumers Don’t Pay: Opportunities for Digital Commerce ), 79% of consumers would shop more online if the merchant had safer payment options.
In purchases at physical stores, all credit and debit transactions require security passwords to make purchases. On the other hand, in online stores, only account debit prompts you for your password. This makes debiting the safest way to conduct transactions in the online world today.
It is good to look for solutions that can promote bank debit payment directly in your bank’s internet banking environment, where you know your operation well and perfectly meet all your security needs. But you need to benefit from all the investments banks make to make your financial data increasingly secure and smooth.