Love Shopping Online? Keep These 5 Things In Mind For Safe Online Transactions

As we slowly move towards a cashless economy, we must also make sure we take the right precautions so as to not get defrauded

It is not uncommon for us to come across horrifying news and stories of people, known or unknown, who got defrauded while making online transactions for hardly any fault of their own. With the coronavirus pandemic compelling us to find ways to reduce physical touch as a way of preventing contamination, many of us have turned to online payment methods as a way to complete our regular purchases. Be it using banking applications or our debit and credit cards, cash purchases have gone down comparatively and our dependence on these virtual payment gateways has increased. But this also exposes us to the risk of cyber theft and frauds, since many users are not privy to the safety precautions one should keep in mind while making such transactions. Here are some of the things you should ensure while making payments online: Choose the OTP option