How To Avoid Credit Cards Misuse: Different Security Measures To Ensure Safe Usage Of Credit Cards

The imperative concern for credit card holders is for the security which is providing while using the card. There are varied dangers that are involved with the credit card usage and which exist all along the way. It is necessary for a credit card user to feel comfortable about the fact that there is optimum safety of his/her money and there is no involvement of fraudulent activity of any kind. There are many such instances where people hesitate in availing online facility and thus do not use credit cards on the Internet because they fear of the cards being hacked and misused. Such situation proves costly for both the credit cardholder & commerce as a whole.

Dangers involved with credit card-

There are varied dangers that are facing by credit cardholders whenever they use a card. One of the prime areas is the danger posed to the credit card usage on the Internet. When an individual uses credit card on the internet then he always fear that the information on the card can be captured and misused by another person. The other common worry is that the plastic money can be stolen or lost, and it can use by someone else for unauthorized purposes. At the same time, there are several such cases when people find out that the card which has been issued in their names has not come to their postal address and thus received by someone else while the bill is being sent at their address and thus, it also leads to fraudulent usage.

Security features for preventing the credit card misuse-

There are varied securities features which have been proposed for credit cards and after their implementation, the situation can be expected to improve. However, it is necessary that credit card holder takes due care in the entire process of credit card usage because prevention is better that care and therefore, being alert is the most convenient ways to ensure that no misusing of card is done.

The first thing that has been recommended is that cameras should be there at such places where there are more chances of misusing of credit card, especially ATMs.

In the past also, there have been several cases where a card was unauthorizedly used for withdrawing money from the other person’s card after stealing it and its password. Once there are cameras, it will become easy to track down culprits.

Today, if you will look at your credit card then you will find that most of the cards just have your name, the credit card number and varied other details, including expiry date and the CVV number on them. It is proposed to have a photo also on your credit card so that it acts as the proof of identity. Once this is done then it will  become easy for the person across the counter to see that only the credit card which has been presented to him, is containing the photo of the owner and only the person who is authorized to use the card, is using it.

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