In this century, everyone has developed the habit of purchasing items online, and in most cases, your payment validates your order; should you then save your payment details online?
This is in a situation where there is no option for payment on delivery. You may be required to put in your payment details, ergo your credit card details. While some might feel uneasy about this, they do it anyway and retract their payment details just as soon as they are done. But in some other cases, some individuals carelessly leave their details online and have to deal with awkward consequences.
Here are some of the major reasons why you should never save your card details online;
Your safety online is very important when it comes to saving your payment details online. Especially in these times where cybercriminals are always looking out for who to prey on. Hackers are on the loose and scammers are lurking here and there. Most times it may have absolutely nothing with the merchant. They might have been compromised unknown to them.
Some merchants may also want you to save your card details online because it makes paying for things so much easier. It may sound minor, but the little bit of extra work necessary to
1) find your card and
2) enter your card information each time, creates an obstacle to impulse buys and overspending.
Everyone already knows how tempting it is to buy anything online. So imagine having your card details permanently instilled there.
Extended “free” trials
A lot of times companies will ask for payment information in exchange for a free trial of their service. We’ve all done this with the best of intentions, thinking we’ll remember to cancel that trial in 30 days.