The world is moving quickly towards getting all things done online.
Most of the businesses offer an option for online payment, and the ones who don’t have it are looking to add the feature soon. But a big problem with online payments is trust.
There are lots of scam sites which have their eyes on our money and if we are not careful enough, we can easily get cheated.
So how can we find out if a site is secure enough for online payment or not?
Well, there are a number of things we can look at before paying to ensure maximum security.
- Payment methods
Before paying, we should check out which payment method the website supports. First of all, all big and trusted websites offer multiple payment options which include options where we don’t have to share your bank details such as PayPal and credit card. Also for offering credit card payments, a site owner has to get registered with the bank. Only then they can receive the money from them, means if a site offers credit card payments, then there has to be a real person behind it.
On the other hand, if a site only has options which require our account details like a debit card, then we should think twice before using the site because they can be only looking to get your details which can be used against you.
Internet protocol is the first thing we should check before making any online payment. There are two of them HTTP (Hypertext Transfer Protocol) and HTTPS (HTTP secure). We can find out which protocol the site is using by looking at the top left corner of the screen, just before the website URL. HTTPS means our data is encrypted. It means it will be sent in code words so even if anybody steals the info, he will have to break the code which is nearly impossible. On the other hand, HTTP means our data is sent as normal text and if anybody hijacks it, then he can use it the way he wants. So do check the protocol before making any payment.
- Design of the site
- Cookies policy
- Physical address and other details
Having a physical address and a phone number helps you to know that the person(s) behind that site can be contacted directly too. Means if the site goes down for some reason, then you won’t be completely lost. So before making any online payment, we suggest you to make write down the contact info of the site owner.
Also, a clear return policy helps you in the case of a failed transaction.
In nowadays, people keen to shop online, making even their fee transaction online with credit cards, debit cards, Net banking or E-wallets and even through smartphones or android app too. Just like in the case, they can make their fee transactions online for schools, colleges, universities, clubs, gymnasiums, coaching institutes, associations, RWA’s etc. So, they should keep the above points in their mind while making even the fee payments too.