Why You Should Use Digital Wallets Instead of Entering Your Credit Card Online
1 min read
Summary
As shopping habits change and more people opt for online purchases rather than in-person, protecting one’s credit and debit card details is becoming more important.
There are several ways your details can be kept safe while still being able to shop online, according to David Floyd at MakeUseOf.
One option is to use a digital wallet service such as Apple Pay, Google Wallet or Samsung Wallet which generates a virtual token, or temporary number, for each purchase meaning details are not given to the retailer.
For online purchases, virtual cards such as those offered by Privacy can be used, which can be set up for one-time use and cancelled after each purchase or for recurring use with specific retailers.
Alternatively, services like Paypal can be used as they do not give retailers card details, but can only be used for online purchases and at retailers that accept the service.
These options all work without giving details to retailers and generating temporary numbers meaning no sensitive details are stored and can be cancelled if security is compromised.
