Notes when buying online with bank card

In addition to the card swiping and ATM withdrawal features, credit cards can also be used for online payments when shopping on online websites. However, when registering and using a credit card, users should refer to how to pay online with a credit card and notes when using this form of purchase.

How to buy online with credit card

To pay online by credit card, follow these steps:

Step 1: Access the website/application of the goods and service provider and select the goods and services you intend to purchase.

Step 2: Add to cart or choose to buy the product/service now

Online shopping with credit cards offers many great benefits. (Illustration photo).

Step 3: In the payment step, you choose the online payment method.

Step 4: Enter the OTP code to authenticate and complete the transaction.

When should you use a credit card?

Stable income: When you own a bank credit card and have a stable income, you should use your credit card to pay online for services such as tuition, electricity, water, internet and online shopping on online platforms. This helps you pay conveniently and pay your bills on time.

Ensure payment ability: When deciding to make a purchase by credit card, you need to ensure your ability to pay off your credit balance on time to avoid additional interest charges, penalty fees and receive many incentives from the bank and the purchasing unit.

Good spending control: When you control your spending well and manage your finances smartly, a credit card will be a financial source to help you carry out many spending plans even when you don't have money available.

When should you not use a credit card?

Being tempted to overspend is the “weakness” of credit cards. Therefore, in the following cases, you should consider when using credit cards for online payments:

Unplanned shopping: Many credit card users have been gullible in chasing discount codes and buying unnecessary items, causing waste. Some cases are not even able to pay the credit card when due, causing unnecessary financial burden.

High-value products: For goods and services of very high value, you need to be careful when paying online by credit card to ensure the ability to pay when due.

You need to be careful when using credit cards to ensure information security. (Illustration photo).

Unsecured Websites: Unsecured websites can leak credit card information. This can lead to lost card details, fraudulent transactions, and financial loss.

Notes when paying online by credit card

When paying online by credit card, you need to note a few things below to protect your personal information and ensure your financial safety.

Make purchases and payments on trusted websites: You should only make purchases and payments on websites whose URLs start with "https://" and have a padlock icon displayed in the address bar to ensure transaction security.

Avoid using public computers: Do not pay by credit card on public computers to avoid exposing personal information and card details.

Monitor transactions: You should regularly check your credit card transactions. If you find any unknown or invalid transactions, contact your bank to report the situation.

Do not share personal information: You should not share information such as credit card numbers, CVV codes, or security passwords with anyone via email, text messages, social networking sites or untrusted websites to avoid fraudsters taking advantage of them to make bad transactions.

Check terms and policies: Before making an online payment by credit card, read the seller's terms and policies carefully to avoid incurring unnecessary additional costs.

Keep receipts and transaction information: Always keep receipts and transaction information related to your purchases. This will help you check and resolve any payment-related disputes or issues later.

PHAM DUY (Synthesis)

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