Online shopping has been trendy at all , people are purchasing various types of products online and they use debit card, credit card for payment. If someone purchasing from domestic online website then shoppers get OTP to confirm the payment just after entering card details but if shoppers wants to purchase some unique products from international website or online store then possibly they can not get OTP from the bank because there is no need of OTP for international shopping, payment will be deducted when you click on Buy tab just after entering card number, expiry date, and cvv/acc number. It means it is risky deal because you are putting all your card details blindly just for a unique products, I don't say that website owners will harsh you in anyway but there are millions of hackers who can misuse the card details from sitting anywhere in world if they get successful to hack the details.
Which is better to use Credit or debit card?
According to me we should use credit card for online shopping and should avoid debit card options.
Why we should use credit card for online shopping?
There is always a credit limit of credit card and if anyhow your card got misused by anyone then he/she can use it within the limit and after this you can block the card.
But if your debit card details hacked by someone means you can become money less within seconds. So it is better to use only credit card for all online transactions.
what if credit card misused by someone?
If your credit got misused by any hackers then bank will never ask you for money while bank will pay that bill but you have to lodge a complaint that your card has been misused and i don't know who has done that then bank will search the transactions details and if they find that customer's complaint is true then only you will not pay to bank for fraud transactions credit card bill.
what if debit card got misused?
Simple you will have zero money but after lodging complaint after the fraud transactions bank will search the details and if they find that complaint is true then you will get your lost money in your account.
Yes you will have money back but it depends on bank how much time they take to refund.
Conclusion
Always shopping in trusted websites or before putting your card details read website terms of use, privacy policy and if possible then contact them and ask about safe transactions.
Better to use PayPal for international shopping which is the safest way I think.
Be safe and keep your card safe.
Thanks in advance for all!!
@face2face
But living a credit life is not so worthful as living a debit life
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nice info as always..
I agree. I use PayPal whenever it is an option.
Right now I have started too.