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Is it safe to save online payment information on a site or app?

During these pandemic times, many prefer to make mobile payments and online payments. With the great deals online, convenience, and delivery, more people do use their mobile devices to shop. It is vital to be aware of the basic ways on how to protect your sensitive payment information.

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Saving personal information 

While many of us cringe at the very thought of our data becoming compromised, recent studies show that nearly 65% of debit or credit cardholders in America had stated that they have saved these card numbers in mobile apps or online. These results show that a majority of those who use these payment instruments in the US do keep their sensitive information on a site or an app to make it easier for them to make an online payment. To do so provides convenience yet it seems that the known risks such as making their information vulnerable to hackers are ignored. 

Digital mugging

The results of this survey showed that more than forty percent believe that it is somewhat safe to save their payment information in an app or a website. Over thirty percent think that it is just somewhat safe while seventeen percent believe that is is not think not safe at all. The reality is, regardless of where the shoppers fall in the spectrum, when making an online payment, there are risks. No site or app is a hundred percent secure and it is the user who must practice caution to prevent digital mugging.

What to look out for

Cybercriminals have many methods that they deploy to get a hold of personal information. These digital muggers will hack and scam their way to obtaining your passwords, personal information, or payment information when kept in a mobile app or an e-commerce website.  It is best to prevent such matters from occurring by doing what it takes to prevent from falling into a trap. To prevent cybercriminals from getting a hold of your data, you need to look out for certain red flags. There are warning messages that can appear on the screen, alerting you that there is a potential risk such as that of spyware or a virus. These security messages warn you that it is not safe to proceed to that site, and should be followed.

Secure websites 

While no site can be said to be 100% secure, there are some websites that are more secure. Security experts state there are various ways to know if the shopping site is not safe. There are visual cues that are considered as red flags such as when a site does not have in its URL a padlock icon. Another visual cue is when URL string stars with an “https” which is deemed to be safer than that which stars with “http.” Another red flag to look out for is if a site often has pop-ups or frequently crashes as it might be less safe than others. When online, try to be as safe as possible by looking out for these red flags and being cautious.