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DO’S AND DONT’S FOR ON-LINE
TRANSACTIONS
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Always use Bank's Net Safe feature for
making online transactions. It is safe and secure
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Preferably transact on sites which mandate
validation of CVC2 value (the last 3 digits after the card number,
mentioned on the signature panel at the back of the card).
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Be discriminating
when providing personal information online. Never give out your personal or
account information to anyone you do not trust. And make sure you verify a business’s
legitimacy by visiting its web site, calling a phone number obtained from a
trusted
Source, and/or
checking with a reliable resource.
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Keep your passwords secret. Some online
stores may require you to register with them via a user name and password
before buying. Online passwords should be kept secret from outside parties
the same way you protect your ATM PIN.
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Look for signs of security. Identify
security clues such as a lock image at the bottom of your browser, or a URL
that begins with https://. These signs indicate that only you and the
merchant can view your payment information.
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Never send payment information via email.
Information that travels over the Internet (such as email) is not fully
protected from being read by outside parties. Most reputable merchant sites
use encryption technologies that will protect your private data from being
accessed by others as you conduct an online transaction.
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Review your monthly account statement
thoroughly. Immediately investigate suspicious activity to prevent any
possible additional fraud before it occurs. Promptly notify your financial
institution of any suspicious email activities.
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