Do you do online shopping for electronics, clothes, books, or any other products? You most probably do. It is fantastic to buy online.
There are outstanding discounts, there is an opportunity to pick from a wide
variety of goods, there is an option to conveniently compare, and then there is
the ease of bringing the good to you. But how do you make the payment when you
buy online? Is it cash or a card upon delivery? And if it's a card, is it a
debit or credit card? Your debit card makes it much easier to use your checking
account, and debit cards have a high acceptance rate just about all universal
credit cards are accepted. There is no single best payment form; most financial
experts agree; it's all a matter of personal opinion. So when it comes to
online shopping, what do you use? If you're a person with a debit card, do you
sit in your comfort zone while you shop online? If not, then you should! Here’s
everything you want to know when you’re shopping internationally with a debit
card. Without any further ado, let’s start.
How to Use a Debit Card Online
You must have a list of questions like:
●
How to use a debit card for online payment?
●
How to use a debit card for online shopping?
●
How to use a visa debit card for online shopping?
●
How to make international transactions using a
debit card?
●
How to make online transactions using a debit
card?
●
How to pay using a visa debit card online?
●
How to use a prepaid visa debit card online?
●
How to purchase using a debit card online?
Stop worrying as we have all the answers to your queries. Using a
debit card is almost the same as using a credit card for online purchase:
● Enter your debit card number:
Include your debit card number, which is a 16-digit number whether you
have a Passport, Mastercard, or Discover-affiliated bank debit card. If you
have an American Express prepaid debit card, there will be 15 digits in the
number. And if the merchant asks for a credit card, you should still input a
debit card number.
● Verify other information:
Most retailers ask you to enter, in addition to the card number, the
expiry date on the card, and the CCV (Card Verification Value), which is
typically found on the back of the card and often consists of three digits.
CCVs are found on the front of prepaid Amex cards and consist of four digits.
You may even have to enter your mailing address or just the zip code, and it
must align the address on the database with your bank.
You would not need to supply your PIN, unlike transactions at a
checkout counter. Online payments are processed as a "credit" the transaction, and, normally, two or four days later, funds are debited from your
bank account.
Benefits of Using
a Debit Card
Debit cards are good tools to keep your expenses down and control your
funds while shopping
online for your all needs. They don't come with the annual charge seen on
other credit cards, and since you are not given a credit cap that could be a good deal more than the sum of money in your bank account, they don't encourage
you to rack up debt. The use of credit cards, though, has more advantages.
Liability Restrictions
You are not responsible for the charges if the debit card information
is unlawfully accessed unless you record the unauthorized debits within 60 days
of obtaining the bank statement that contained them. However, if your debit card is missing or stolen, to ensure that you are not on the hook for any
unauthorized charges, you must respond more quickly:
●
You report the fraud or loss within two business
days, you are responsible for up to $50.
●
If you claim the fraud or damage within 60 days
after your statement is sent to you, you are eligible for up to $500.
●
If you don't disclose the issue within 60 days of
getting your statement, you will be kept 100 percent accountable.
How to Stay Safe While Using Your Debit Card
Follow these simple security principles to decrease the probability of
problems.
● Look for the lock:
Ensure you're shopping on a safe website, particularly when it's time
to enter your card number. Search for the locked padlock icon and pay attention
to any security alerts that come up in your tab.
● Monitor your account:
Keeping track of your finances is always a smart idea, and it is
highly important if you are posting account information online.
● Check the accounts regularly:
At a bare minimum, once a month, although it is easier more
frequently. And set up your account reminders so that you know when money goes
out.
● Use Protected Connections:
It is easy to do everything with smart devices and free Wi-Fi. But you
never know how safe a hotspot for the public is. Save those tasks for the times
when you're at home or at work, and know that the traffic is secure whether
you're trying to enter bank accounts or punch in card numbers.
Debit Card Protection
Some debit cards come with added protection from the card issuer, so
you’re completely safer than federal law requires. Such facilities are
sometimes known as "zero liability" protection.
You may have less security if you are using a prepaid debit card (as
opposed to one that comes with your checking account), so make careful to
investigate your card's rules before using it online.
The Safety of Online and In-Person Shopping
Using a debit card when shopping online isn’t the only means to get
ripped off. In brick-and-mortar stores, ATMs, gas stations, or just about
anywhere Wi-Fi is available. Robbers will steal your card details. With the assistance
of a skimming device or by breaking into a merchant's payment system remotely,
robbers might pull it off.
It has become an online retail environment, amid all the risks, so you
should not be too frightened of using your debit card number online; shopping on encrypted
websites are normally very safe.
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