Online shopping is the new normal. Unless you live under the rocks, you probably are in on the practice, too.
But according to Statista, buying online is not without risks. Almost 75% of consumers who were targeted by online purchase scams lost their money in 2021. To think that number was only 71% in 2015 is absolutely astonishing.
Expectedly, this trend will only keep growing in the coming years, which means online shoppers will continue getting targeted.
In this post, we’re going to be discussing steps you can take to protect yourself from being a target or falling victim.
Seven ways you can avoid theft from online shopping
1. Always buy with credit cards rather than debit cards
Credit cards are usually more protected from fraud and cyberattacks than debit cards. This is because the money in them is more or less a property of the card company, while money in debit cards is technically your own money.
So, in a way, credit card companies put extra measures to protect transactions on their cards. Credit cards are also better than debit cards for online shopping in that you can dispute fraudulent transactions…
