Pros and Cons of Shopping Online

Top 6 reasons given by shoppers in buying through internet

• Saves time and efforts.
• Convenience of Shopping at home.
• Wide variety / range of products are available.
• Good discounts / lower prices.
• Get detailed information of the product.
• We can compare various models / brands.

In online shopping one can look many products and that too multiple times without buying them and therefore it offers lot of flexibility whereas in case of offline shopping one does not have too much of choices as one has to buy the product which is available at shop and if that product is not available then either you …

In contrast, “offline” can refer to either computing activities performed while disconnected from the Internet, or alternatives to Internet activities (such as shopping in brick-and-mortar stores). The term “offline” is sometimes used interchangeably with the acronym “IRL”, meaning “in real life”.

Online shopping is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser or a mobile app. Online stores usually enable shoppers to use “search” features to find specific models, brands or items.

There are daily stories of online fraudsters and hackers, but the truth is that cybercriminals are less likely to get a hold of your credit card details over the Internet than they are over the phone, through the mail or in a restaurant. Even so, safe online shopping requires an extra measure of vigilance.

15 Tips for Safer Online Shopping

1. Shop with reputable retailers. It’s best to shop directly with online retailers you know and trust.
2. Vet new-to-you businesses.
3. Beware amazing deals.
4. Don’t browse on public Wi-Fi.
5. Use a VPN.
6. Pick strong passwords.
7. Check site security before you buy.
8. Don’t fall for email scams.

How to Shop Safely Online

1. Always place orders from a secure connection.
2. Know the merchant and their reputation.
3. Avoid offers that seem “too good to be true”
4. If you are buying a Gift Card, read the Terms and Conditions.
5. Don’t use an e-store that requires more information than necessary to make the sale.

In order for cash to be used for online purchases, it must be converted into some type of secure payment method.

1. Go to a store and purchase a credit card gift card with cash.
2. Activate the gift card by following the directions on the back.
3. Purchase goods online using the credit card gift card as if it were a credit card.

How to Get a Virtual Credit Card

1. Get a credit card.
2. Log into your online credit card account and go to your account settings.
3. Download the virtual card issuer’s app to access the card number, if need be.
4. Accept the 16-digit virtual credit card number that’s generated for you.

1. Step 1: Search for a product using Google shopping.
2. Step 2: Find an item you like using Google shopping.
3. Step 3: Search via Google.
4. Step 4: Searching for and buying a product from a website.
5. Step 5: Adding a product to your basket.
6. Step 6: Continue shopping or buy your product.
7. Step 7: Checkout and pay.

How It Works

1. When you make an online purchase, choose “Visa” or “Visa Debit” as a payment option.
2. Provide your RBC Virtual Visa Debit Number, including the expiry date and CVV2 (the 3-digit secure code on the back).
3. Enter your name and billing address.
4. Get a confirmation and you’re done!

Your debit card will work online. But debit cards are not a good way to pay when you shop online. Credit cards are safer to use when you buy things online: It is easier to get your money back if you use a credit card.

Debit cards are accepted almost everywhere in the UK and in lots of places around the world. It’s safer than cash. If you lose your card, or it gets stolen, you can cancel it quickly and shouldn’t be out of pocket.

An ATM card is a payment card or dedicated payment card issued by a financial institution (i.e. a bank) which enables a customer to access their financial accounts via its and others’ automated teller machines (ATMs) and to make approved point of purchase retail transactions (i.e. gas stations, grocery, hardware.

An ATM card is known as debit / cerdit card.

Types of Debit Cards

• Visa Debit Card. It has a worldwide presence and is widely used in more than 200 countries across the globe.
• MasterCard Debit Card.
• Maestro Debit Cards.
• EMV cards.
• Platinum Debit Card.
• ICICI Debit Card.
• Axis Debit Card.
• HDFC Debit Card.

automated teller machine

ATM means at the moment. It is an acronym often used for telling someone you’re busy and can’t type at the keyboard or talk right now.

Some ATMs use NFC to conduct cardless transactions. With this type of cardless ATM, you tap your phone against the ATM’s contactless symbol and your phone’s digital wallet pulls up. From there, you select which card you want to use from your wallet and enter your PIN. Then, the ATM authenticates your transaction.

How to pay with your mobile phone

1. Add your Visa card to your payment-enabled mobile phone or device.
2. Look for the Contactless Symbol on the terminal at checkout.
3. Hold your phone or device over the symbol to pay.

The Current debit card can be used anywhere Visa is accepted in the US, including at online merchants. You can also withdraw funds from any ATM that bears the Visa Interlink or Maestro logos. There are no additional fees for using or funding the card except when traveling internationally.

Cardless cash allows you to withdraw money from an ATM without using your debit card. Instead, you can opt to receive a unique code from your bank to your phone (either by text message or within your mobile banking app) that you can then use at an eligible ATM to verify your cash withdrawal.

Several of Australia’s bigger banks offer cardless cash ATM withdrawals. Commonwealth Bank was the first bank to introduce cardless cash in Australia. Westpac Bank also offers cardless cash and that includes the Westpac subsidiaries Bank of Melbourne, BankSA and St George Bank.

Firstly, request for cardless cash withdrawal from the mobile app.

1. To do so, go to the ‘services’ option in the banking app and click on ‘cardless cash withdrawal’ for self.
2. You will then be asked to enter the amount, your 4-digit temporary PIN and select the account number from which the amount is to be debited.