There was a time when folks roamed with a great deal of money in their pocket. This was because if you went shopping, the only choice was to pay by money. But carrying money always carried a security threat also. Individuals could be robbed in the middle of the road and all that money being gathered by you is lost in a matter of moments. Then here comes the credit cards. For people that found it awkward to take cash in the pocket, these cards were a blessing. After all, this little invention allowed them to purchase all that they enjoyed without bothering about the amount of money in their wallet.
Nowadays, credit cards are a frequent story. People have equated the Possession of credit cards to be just like a status symbol. But, none of this is accurate. The Card issuer will first validate the card number and expiry date. The billing address will also be verified, and the whole purchase amount will be assessed against available funds or credit.
An additional level of verification may include the CVV in card-not-present transactions. We do agree that credit cards add convenience to your routine. However, at the same time, we would also recommend you to practice specific security measures when you are using credit cards
Always sign on the magnetic line. Many people forget to swipe their Plastic card when they get it. This leads to the situation where they have been using the card for close to a decade with their signatures. Believe it or not, committing frauds using such unsigned cards is simple.
Swipe carefully: If you eat in a restaurant, do not give the credit to your server for swiping it. Instead, ask for the machine to be brought on the table and swiped in front of you from prtship. With the new age portable machines, this is totally doable and minimizes the possibility of being duped by the resort staff. This principle is applicable in all trades that you do with your credit cards.
Do not reveal data to unknown folks. If people call you and ask you for your plastic number under the garb of making you takes part in another activity, please do not disclose the details. Rather alert that the legal authorities and let them handle the matter if you get such orders differently. The CVV number is a key. The CVV number is unique to your card and should it is revealed to a greater amount of audience, the possibility of being duped by the people also increases. Even when you are using the credit card for online shopping make sure that the trade is facilitated by a secure and reliable payment gateway readily.