Many people store their credit card or debit card information on a website in order to shop and checkout. When you enter any payment information on a website, you are asked to check a box which will allows the website to store the information. Saving and storing your credit card information in a website can allow you to enjoy a quick purchase and a seamless checkout. But have you ever thought if this is a good idea from the security perspective?

Websites are often prone to security hazards such as hacking and data breaches. Saving credit card information in a website can be risky if the website is hacked into or if the servers of the website are attacked by malware. You hard-earned money will at a risk in case your credit information become exposed this way. You need to understand the risks you face when you trust a online retailer with your credit card information.

It Is easier for a hacker
While saving information on any website will make it easier for you to make your purchase, it can be equally easy for hackers to get your credit information as well. If the account gets hacked, the hackers will have access to your information and will be able to use your card for unscrupulous purposes.

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Every store is different
It would be wrong to assume that every online store is the same. Shopping online should be treated differently from offline shopping. It is okay to store your information with well-known and reliable websites such as Amazon and Apple. But you should not consider every retail website to be have the same strong security features. Never share your details with websites about which you have never heard of before. Check the reviews online and learn about the authenticity of the site. It is advisable to enter credit card information each time you make a purchase instead of storing the information online.

Store credit cards but not debit cards
Credit cards offer more online security as compared to debit cards. For a hacker, it will be easier to steal money from your bank account if they have your debit card information. With credit cards, this is not an issue. Credit card fraud does not cause a lot of nuisance and it is easier to deal with. If you want to store your information online, choose a credit card instead of a debit card.

The more information you put up online, the more you need to ensure it is safe and secure. You will have to constantly keep an eye on the account and check it from time to time. You need to check your credit report regularly, and if you notice any error, you need to contact the credit agency immediately. Keep a check for any unauthorized transactions on your account. Even if you are busy, you need to find time to check your bank account to ensure that you are not losing any money. Put a reminder on your phone and do it; most banks offer mobile applications that allow you to log in and check your balance within minutes. Use the same and keep a tab on your account at all times. However tempting it may sound to save your information on a website, consider the risks associated with this choice and make a wise choice in order to keep your money safe.

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