69% of active online adults in South Africa engaged in online shopping in the past 12 months. Needless to say, shopping online is a trend that is only going to get bigger over the course of the next few years. No wonder, especially considering that online prices are generally around 4.7% cheaper on average when compared to the cost of the same products sold in-store.
If you’re considering jumping on the bandwagon, or you’re already an avid digital bargain hunter, how can you ensure that your safety and personal details are protected? We have some helpful tips for safe online shopping to share with you below.
Consider Instant EFT
According to experts, using Instant EFT technology to make an online payment is much safer than using your credit or debit card. However, this is only the case if the website on which you’re shopping has taken the right precautionary measures!
What to Look For
The first thing to look for is a PCI DSS compliance stamp and a Thawte security stamp. These will usually be in plain sight on most, if not all, of the website’s separate pages. The former assures shoppers that their data will be stored safely on a PCI compliant host and that the website is following the strict standards and procedures laid out in terms of how to handle the personal information that you share.
The Thawte security stamp, on the other hand, notifies shoppers that the website in question is using a legitimate SSL certificate. In short, it’s considered a safe website. Just remember to always check the date on the security stamp before buying anything. If it does not reflect the current date, the site is no longer considered safe!
If in Doubt, Click Out
If there’s ever anything on a website that makes you question whether or not it’s safe to make a payment, stop what you’re doing and click away immediately. Even if those shoes that you’ve been lusting after for months are marked half-off, it’s never worth it to risk identity theft or having your banking details stolen.
Don’t forget to contact your financial institution if you have any queries or concerns before or after an online shopping experience. It’s always better to be safe than sorry!