5 Safest Ways of Online Payment for Entertainment Fans

The arrival of the internet has created a world without barriers.

21:00 22 March 2020

We can reach anybody anytime regardless of the distance. We can access any information in a matter of seconds, finish schools as well as find employment online. Needless to say, businesses have made the most of the digital world and shopping has become one of everyone’s favorite activities. It is easy and convenient, it saves time and money and offers customers limitless possibilities. Now you can make purchases anywhere in the world, whatever you’re buying. Shopping for entertainment is becoming increasingly popular, especially with the incessantly growing online gaming community. However, in order to fully enjoy these experiences, we have to know that our money is traveling safely through cyberspace. No matter if you’re playing the hottest online version of your favorite game, are a casino fan or giving blackjack online a shot, the following safe methods and payments are the same for every online player.

Credit Cards

Credit cards are very secure in nature. The process of making payments is similar for all websites and thus is one of the best choices for making online transactions. Apart from the convenience they offer, one of their most prominent features is fraud protection. Moreover, if you make a mistake in the payment process, it is fairly easy to reverse the funds. Once you make an online purchase, the money is not deducted immediately from your bank account, but some time afterward. Should you notice any suspicious activity related to your account and credit card, contact your card issuer right away since there is still time to prevent further theft. However, you can take precautions yourself by choosing to purchase only from secure websites. Browse through a secure VPN and check for site security features such as “https:” at the beginning of its URL and a small padlock image next to it.

Debit Cards

As another secure way of making payments, debit cards are also an extremely popular option. The funds are deducted directly from your account and, unlike with credit cards, you don’t have to worry about going into debt. You can further protect your debit card details by using a prepaid card to make payments. This prevents direct withdrawal from your checking account and reduces the time you use your details to complete online payments. Additionally, the issuers of debit cards provide around the clock fraud monitoring service. By using one-time passwords during transactions, the owners can be sure they are the only ones managing the account. 

Wire Transfers

Wire transfers are a favorite of many merchants. The seller will provide an account number the funds will be transferred to, after which you can share the transaction ID in order to confirm and complete transactions. Since two different banks are engaged in the process, security levels are at their highest. It is a fast, efficient and safe way of sending money, popular and trusted among many.

Alternative Payment Services

These third-party payment services have added to the popularity of online transactions due to their efficient and safe nature of operations. PayPal is among the most popular ones for a good reason – it is fast, reliable and secure. Payoneer, Skrill and Google Wallet follow close behind and the most important thing that has made them this popular is that users are not required to share any private information. All that is shared is their email address. The “buyer protection” feature makes them almost as safe as credit cards in case payment or goods fail to arrive. 

Unified Payment Interface (UPI)

This is a digital payment system which enables sending money from one bank account to another. All that users have to do is use the UPI application to make the transfer. Another security measure is that you do not have to share your debit or credit card details with anyone, and money cannot be transferred from your account without you authorizing the process.

The convenience of online payments is undeniable, especially when it comes to the entertainment industry. These are the goods you don’t have to wait for, since they become available right after the transaction goes through. You are able to enjoy them almost immediately, thanks to the swift methods, without having to worry about security breaches, fraud or identity theft. Choosing your methods wisely will add to the overall exciting experience of making a purchase from the comfort of your home.