Most Secure Online Payment Methods
If you’re looking for the most secure online payment methods, you may be surprised at what you find. While there are many sites that claim to be secure, many can’t be trusted, and even those that are available through legitimate online money transfer services are not very secure.
PayPal is perhaps the most popular online service in the field of online money transfer. They also offer a good service in sending money internationally. You don’t have to worry about identity theft, though if you use your credit card, you might have a slightly higher fee due to the higher security that they offer.
Unfortunately, some people have found ways to get around the various security measures that PayPal has in place. There is a real risk of identity theft as a result, so that’s something to keep in mind if you don’t want to lose any of your money or goods.
Another one of the most secure online payment methods is E-Check. This is not a secured site as the name suggests, but it does work. You do have to have a bank account that is linked to your account to receive money using this method. With E-Check, you simply need to input the amount of money you want to transfer, and your money will be transferred automatically.
E-Check is somewhat more secure than PayPal, but just like PayPal, there are risks of identity theft. Still, this is probably the most secure method of transferring money, but not by much. Also, E-Check does take a few days longer to process an international transfer than a direct transfer.
Some people prefer private-label cards. They work much like the traditional plastic money cards that we’ve seen in our stores for years. They also use the same magnetic stripe readers, which are much more difficult to steal than the cards that can be stolen with a magnetic strip swipe. They also have the advantage of allowing you to use your card anywhere Visa or MasterCard is accepted.
There are a few disadvantages to private-label cards. For example, they aren’t compatible with all merchants, and you will likely not be able to use them at all locations that accept the traditional plastic cards. In addition, they are not as widely accepted by a number of places as E-Check is.
The other main secure online payment method is e-check. It has a relatively small customer base, but that doesn’t mean it’s less secure. It’s just that e-check only allows you to use it at one merchant, while other money transfer services such as PayPal allow you to transfer money from multiple accounts at various different merchants.
Using e-check isn’t as secure as using private label cards. Though it does have the advantage of being compatible with a variety of merchants, you will still be required to send the money from your primary bank account.
If you look through the other top secure online payment methods, you’ll see that the rate at which you can transfer money between accounts depends on whether the merchant accepts your particular bank. If you don’t have a bank account to use with a particular merchant, you will still have to pay a fee for using this type of service.
The bottom line is that there are plenty of secure online payment methods that you can use to send money to anyone. All you need to do is to figure out which one you prefer, and look for a merchant that will accept it.
Don’t forget to look into the fees that the merchant is charging you for your security. This can be the difference between a high fee and a low fee.