Risks of Online Recharge

The trend of online recharge is on upswing as per the survey reports from reputed sources. The consumers from around the world are thrilled at the various benefits and convenience online recharge brings to them. Consumers can enjoy Online recharge 24 hours a day, 7 days a week.

More and more numbers of users are taking advantage of the convenience of Online recharge from the comfort of their own homes.

Although there is nothing denying the fact that Online Recharge has become immensely popular among the masses, there are some risks involved when you shop online. Consumers should examine these risks before going for Online recharge of their prepaid accounts. Consumers may get cheated by fraudulent websites if they do not take care.

Risks Involved

Unsecure Websites: Customers are required to submit their name, credit card number, address and social security number for doing online recharge. If consumer do online recharge on a website that isn’t secure, he ran the risks of revealing the personal details for anyone to pick up and use.

Phishing websites: There are many fraudulent websites over the internet that are designed to phish your account names and passwords. These websites appear identical to major bank websites and shopping sites like eBay or Amazon. In case, consumers enter user ID name and password on these websites, these sites will capture the confidential details. Later these details can be used by others for logging into your real accounts and purchase things.

Credit Card Related Risks: The usage of credit cards for online shopping may be intercepted as it transfer through various computer links, stored on insecure computers or sent in un-encrypted emails.

Cyberspace companies: There are many bogus companies over internet that appear to be bigger or more reliable over internet than they really are. They may cheat you by providing fake services.

Minimise the risk

Customers can take several steps for minimizing the risks involved with Online Recharge Transactions and to avoid becoming victims of online frauds.

· You should install an antivirus on your PC and Laptops

· Ensure that you are using a secure Version 4 browsers that uses Secure Socket Layer (SSL) encryption.

· Install and update firewall programs from time to time as these assist in preventing unauthorised access to the information on PC or laptop.

· Ensure that padlock or key which is present on the bottom line of your browser is unbroken.

· Ensure to check for any devices that are attached to the keyboard connection cable as these devices may record every keystroke, including the passwords.

· Ensure to scan your computer regularly for checking any unidentified software

· Do proper research about online recharging companies before making any online transactions Carefully read delivery and return policies such as warranty details.

· Verify the transaction details and keep a written record of Online recharges

· Ensure to change your internet banking passwords frequently

· In case of any unauthorised transaction, notify your bank immediately

· Use an email encryption system such as Verisign