When we pay for our burgers at McDonald’s, a lot of us like to go the old fashion route.
Pulling out our wallet and bringing out that crisp dollar bill.
Recently, companies such as Apple and Samsung have implemented a feature on their phones so you don’t have to whip out your wallet. You bring out your phone, and away you go. Everything about this is all online.
And just like with anything online, that can lead to fraud.
Fraud can present itself in many forms, including stealing your credit card number through an unsecured website, to draining your bank account within seconds.
There are a lot of ways you can prevent this.
One way is just examining the website.
The website is a dead giveaway if it’s dangerous. If they’re advertising for a free MacBook Air and are requesting your credit card for a small down payment of $4.99, then it’s a scam.
Many websites are very legit but have scammers on them. For example, eBay is a legit site, but you have a lot of people trying to scam you with fake Beats by Dre, or a fake iPhone X.
And one more way to check is to see if the website it an “https” website. You can find this out by looking at the full website link. That means it is a secure, encrypted site.
Most importantly, if your gut says it’s a scam, there’s a 99.9% chance it is.
To be safe when you’re doing online shopping, you could start using an e-wallet. An e-wallet is an online wallet that acts as the middleman between the buyer and the seller. One great example is PSI-Pay.
PSI-Pay is a company that had had its door opened since 2007. They provide payment cards, as well as online accounts for their customers. They deal with 44 currencies in 173 countries. PSI-Pay is enrolled as a “Principal Member of MasterCard”, so you can get a physical, or a virtual card from them called an EcoCard and an EcoVirtualCard.
PSI-Pay recently partnered with Kerv, who released a contactless payment ring for even more ease with your purchases.
If you want to be 100% sure you’re information is secure and your money is safe, visit PIS-pay at http://www.psi-pay.co.uk/ to learn how to get started.
You will not regret your decision.
Read about PSI Pay’s company history here: