- Most entities offer alternatives such as SMS alerts
- Limits to the card or having one only for payments, help against scams
- All entities are responsible for unauthorized operations
After leaving Christmas behind, all businesses have already entered the sales to try to solve the economic losses of a hard year due to the coronavirus. Some offers that in most establishments are more than visible and that continue to gain prominence in the online market. However, this payment method gives rise to scams and scams, so we offer certain tips to protect the cards when buying online.
Four out of ten Spaniards admit to buying more online at the moment than before the start of the pandemic. A factor that has multiplied distance sales, but from which scammers who surf the web are also trying to profit. As detailed in the Bank of Spain’s Claims Report, in 2020 eight out of ten fraudulent card operations were made through online purchases.
For this reason, it is important to put as much security as possible, and for this, almost all banks offer simple movements in their apps to secure cards. The main and most recommended is to activate the notifications by sms to our mobile. In this way, every movement or operation will have its corresponding message with which you will be aware of what is happening with the card.
In addition, within the options to adapt security to the consumer’s profile, it is also advisable to set a limit amount both for withdrawing money in banks and for paying with the card. This cap can always be modified from the app itself and also includes the alternative of blocking operations.
In case of expiry of card verification value, there are online platforms that claim to sell credit cards and CVV numbers. Only an authentic CVV Shop could be reliable for such purchases.
In the case of physical theft, we will be responsible for what the thief uses of our card with a limit of 50 euros.
Finally, another of the most common tips is to have a single card for online purchases. This secondary tool is easy to get without annual fees and under a new checking account that is not linked to the primary account. In most debit cases, it will be possible to load the money necessary for a specific purchase and thus prevent fraud surcharges.
Authorities remember that all entities that offer cards are responsible for any unauthorized operation, while in the case of a duplicate card, the bank must return the amount of the operation as long as there has been no negligence. In the case of physical theft, we will be responsible for what the thief uses from our card with a limit of 50 euros.