As computer technology increases and using the net continues to Grow, you and thousands of others are using computers and the World Wide Web to complete lots of your everyday tasks. Everything from communication to balancing a check book to purchasing groceries, all these jobs are becoming more convenient thanks to computer technology. The biggest convenience that lots of individuals have utilized the web for is online shopping. Unfortunately, as the quantity of online purchases climbs a looming inconvenience which also develops is credit card fraud and identity theft.
Computer hackers have become brilliant at obtaining your credit card Numbers online whenever you create an online payment, which makes using your credit card for a purchase online a worrisome experience. Hackers can also use these numbers to steal your identity such as your social security number and other personal details. The speed of the internet for prtship forum and how you do not always understand what happens to your coveted credit card numbers as soon as you hit send makes it a very favourable place for hackers and thieves. The great news, for you as a customer, is that some credit card companies are discovering ways to prevent this headache from occurring.
How can they do it you ask? A new technology known as virtual credit card Numbers is making it more reassuring for people to make online purchases without the worry of being a victim of identity theft. Virtual credit card numbers, to put it simply, are one-time usage then throw it away amounts. When you are ready to generate a purchase online you begin by contacting your credit card company, through the net naturally, and they ship you a sixteen digit number which you use on such a purchase only. This digital number is useful only on the website where you are making the purchase and expires within one or two months of the trade. If a thief can track these numbers they will not be possible for him to use another time on a buy in any other site.
Several major credit card companies, such as Citibank and Discover, Have caught on the handiness of using virtual numbers and are offering it as an option to their clients. Although these credit card companies do provide Zero liability for their clients for fraudulent charges, they cannot undo a Poor credit report that ensues because of unauthorized purchases. This makes the use of virtual credit card numbers quite appealing to customers who make frequently buy things online. Although virtual credit card numbers cannot be used for everything, they are gaining in popularity for regular online shoppers.