By taking certain precautions, a user can prevent their credit or debit card from being misused both online and offline:-
- Do not provide photocopies of both the sides of the credit card to anyone. The card verification value (CVV) which is required for online transactions is printed on the reverse of the card. Anyone can use the card for online purchases if the information is available with them.
- Do not click on links in email seeking details of your account, they could be phishing emails from fraudsters. Most reputed companies will ask you to visit their website directly.
- While using a credit card for making payments online, check if the website is secure The CVV will also be required.
- Do not give any information to persons seeking credit card information over phone
- Notify your bank / credit card issuer if you do not receive the monthly credit card statement on time. If a credit card is misplaced or lost, get it cancelled immediately.
Courtesy:- Legal Point Foundation