With so much use of credit cards, there is a need to look at the growing fraudulent credit card fraud that is growing exponentially online. Internet users know that it is safer to enter their credit card number in a secure online form than to give it to a restaurant for payment. Studies show that the number of cases of fraudulent purchases of cell phones due to credit card fraud is higher than online credit card fraud.
As a rule of thumb, you need common sense and there are some tips that will help you avoid credit card fraud:
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Always be careful when using your credit card and return it immediately if you give it to someone else and try not to take your card out of your sight.
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You need to be careful when giving your credit card to someone else and never give out your account number by phone unless you are sure the company is famous. It is also unsafe to provide a credit card number over the phone to any company that asks you for the same excuses for claiming it as a "computer problem".
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Do not provide credit card details to unsafe websites.
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You must sign your credit card as soon as you receive it and separate all credit card applications when you receive it.
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You should not write your PIN number on a credit card anywhere near your credit card.
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Do not leave your credit cards and receipts lying around.
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You should protect your credit card number so that others around you can copy or photograph it with your cell phone or camera.
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Always keep a list of your account numbers and expiration dates as well as the phone numbers and addresses of each bank that offers you a credit card in secure locations. You need to update this list each time you receive a new credit card.
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Try to manage only those credit cards you need and do not carry extra credit cards that you need less.
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You should immediately open your credit card debt and make sure no fraudulent expenses are involved. You should also treat your credit card debt in the same way as you check your accounts and reconcile every month. Keep your receipts up to date.
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In the event that you receive any charges that you do not have a receipt for or that you do not know you need to report these costs to the credit card issuer.
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You must destroy and eliminate incorrect receipts and separate anything written on your credit card number.
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Do not sign a blank credit card receipt and you can draw a line through the blank sections of the receipt when there is an opportunity to add any fraudulent charges.
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Or carbon paper can be widely used but if there is carbon used in the making of a credit card you should get rid of it immediately.
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Do not write your credit card account number in a public place as a postcard or in a public place.
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It is good to manage your credit cards separately from your wallet
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Never lend your credit card to others and when you leave your residence, notify your card issuer about any change of address.
