Credit Card Security

nformation on your credit card is not as secure as youmay have unwittingly disclosed information on your
might believe. It is possible for anyone to acquire yourcredit card to strangers. Unsolicited calls by strangers
credit card information simply by hacking into aasking users for their credit card and social security
merchant database, stealing your card, or asking younumbers are one of the many scams that have
for the information it contains. Whilst the first scenarioplagued users. It is therefore important to remember
has a lower chance of happening, it is not impossible. Ifthat you are not obligated to disclose your credit card
this happens, credit card companies will notify theirnumber to anyone over the phone.
users and reissue the credit cards to replace those inApart from that, when making purchases with your
which security has been compromised.credit card, you should never sign on a blank receipt.
On your part, having your card or identity stolen has aKeep all your receipts to prevent others from obtaining
greater effect on you as an individual. If this happensyour credit card number and the expiration date.
with you being aware of it, you should report the lossUsually, these two pieces of information are enough to
to your credit card company immediately. In mostallow an online transaction to go through. As for online
cases, it has been found that victims of credit cardtransactions, always use a private computer to make
theft pay no more than $50 for all unauthorizedthe transactions rather than on a computer in a cyber
purchases charged by the thief. It is also a good ideacafe. You should also make all card transactions on
to always keep a photocopy of both sides of youryour own, even if you are paying for someone else.
credit card as well as the contact number of yourFinally, when you are closing your account, it is best to
card company in case of emergencies like this.cut up your card before mailing it back to the credit
At time, it may not be easy for you to realize that youcard company.