Currently, the bank card is the most used means of payment to pay for purchases online and in physical stores. Indeed, for security reasons, consumers prefer to limit the amount of cash they have on them. The blue card is thus increasingly popular. But like all means of payment, it is not without risk. Fraud and scams are on the rise. Also, protecting your credit card is now mandatory.
Summary
The risks of the credit card for online payment
Credit cards are vulnerable when it comes to paying for your online purchases. The thugs compete with ideas to rip you off and misuse your card. For this type of payment, be aware that by having some information about you, a fraudster can make a purchase with your card. If he has your name, your card number, the expiry date and the last 3 digits of the pictogram on the back of the card, he can use it. You must therefore take all the necessary steps to protect your card.
We advise you to always check if the payment is made in secure mode. The URL of the site dedicated to payment must begin with « HTTPS ». If not, it is not secure and data may leak. On the bottom of the browser, you should also see a closed padlock. These signs indicate that you make your payment on a secure site. But other alternatives are also offered by experts in the field. For example, you can use an e-credit card or a prepaid card.
Contactless payment: what risks?
Contactless payment is currently arousing the enthusiasm of users. Faster and more convenient, yet it can expose you to data security risks. Indeed, credit cards and passports store data on RFID chips (Radio Frequency Identification). This data will then be used during payments or to verify your identity.
This all seems to come in handy, especially when you don’t want to handle cash while shopping. However, this process presents enormous risks. Indeed, developers have created applications capable of reading the personal data on our cards.
To avoid fraud and scams, you must then protect your credit card. Fortunately, professionals in the field have been able to find solutions to overcome this problem. Today, you can find card protections on www.kokoon-protect.fr for example, which are reliable protections against possible credit card fraud. These shells or card holders block unauthorized reading of your personal data. Moreover, such devices are used internationally to avoid risky payments.
RFID technology, how does it work?
To protect credit cards, experts are now relying on RFID technology. Using waves, it can identify people or products. As soon as the RFID reader communicates with a data transmitter like a chip or tag, it will immediately scan information. This data will then be retrieved and stored on RFID chip cards. They will also be readable from a distance thanks to electromagnetic waves. Note that some electrical devices and smartphones can be used as a data reader.
In addition to credit cards and personal identity cards, RFID technology is also used in insurance cards, loyalty cards and certain access cards. Major brands also use it to identify goods. For good reason, such technology allows control and management of logistics and merchandise.
RFID Protection: functioning
Protection by RFID technology is proving to be the best alternative for protecting credit cards in the context of contactless payment. We therefore recommend cases with RFID protection for storing your card. This ingenious device makes it possible to block the radio wave so that the stored information cannot be read. Concretely, when you store your card in the case, the reader cannot read the radio signal. At the same time, it will not be able to receive the data.
Thus, to protect your card, it is wise to bet on a anti-RFID protective case or an anti-RFID card holder. These devices allow you to block unauthorized reading of your 13.56 MHz card information. In addition, they are TUV certified and are thus able to protect all personal data.
Credit card security laws
The Daily Safety Law of November 15, 2001 governs the use of bank cards. It brings changes to the Monetary and Financial Code. In concrete terms, this law offers the user the possibility of dispute a remote or contactless payment. Also, you can request the cancellation of the fraudulent payment within 70 days if it is:
- a payment without physical use of a card;
- remote payment;
- payment with a counterfeit card.
The reimbursement conditions are provided for in articles 34, 36, 37 and 38 of this same law. Note that this cancellation applies to all bank cards, in particular the Carte Bleue, the Visa card and the MasterCard.
A few precautions to take
For contactless payment, the use of a anti-RFID case thus remains the best solution to avoid fraud. It allows you to make secure payments. On the other hand, for online payments, you must be vigilant. Fraudsters usually use your personal data. Thus, protection requires the concealment of this data. In particular, you must hide your confidential code and the cryptogram of your credit card.
If you have the possibility to do so, we also advise you to use a prepaid card. For good reason, this type of card does not require you to provide your online banking details. You just have to recharge them at a tobacconist as with a telephone. Note, however, that these cards are sometimes chargeable. So inform yourself before using them.
