The benefits of protecting yourself and your credit has never been more relevant as it is now in today's
market place. The online purchases of goods and services is constantly growing. Like any brick and mortar business
fraud may happen in the online world, however most "theft" is not from vendors but from those crafty, thieves that
lurk in the scam markets, and let us not forget the theft that arises from cyber thieves that have literally broken
into a system that has yet to be protected, not only stealing from the customer but from the vendor as well.
Protecting Your Business Assets
While you are not responsible for the vendors whose security system that may be compromised you are
responsible for protecting your identity and finances. When you take steps that, will not guarantee absolute
protection, still yet will raise your level of personal financial security that is the proactive approach.
Like I stated in website tools video, I use a prepaid credit card. For nearly all purchases that I have online
this is the type card that I use. Now I have not ever experienced identity theft but I have had past acquaintances
"borrow" my credit worthiness and information to gain for themselves. In more ways than one I have shut that
Before you read the chart there is one other reason I have found to have a prepaid credit card, when I am
dealing with an overseas or deciding on purchasing from a online retailer that I am not familiar with, I
actually take the prepaid system one step farther. If I know the price of an item that I would like to purchase I
will purchase a Visa or MasterCard from a local retailer or bank for an amount just over cost of the item, the
amount usually is $50 over the cost, I watch to see if this "new" retailer is honest in its dealings or not. I have
found that most are honest yet I have also had to deal with those who after the sale, and of course they being the
only retailer who has ever had the account number, where the prepaid card was charged to its maximum amount.
If you still do not believe that you need to protect your online and offline purchases watch this
You can aboslutely understand the value of protecting yourself and your identity, it is important that as you
begin to build your business, through your website, whether its is personal like your home or resembles
the business plan of brick and mortar, you must implement your own security system. Prepaid Credit cards are
just one way to do so.
I have prepared this chart for you of the most popular prepaid credit cards, without going overboard, that I
could research and validate their services. While service offerings from these prepaid services may change, I will
try to keep this as up to date as possible. People and businesses change their TOS constantly and honestly I
would not be able to keep up with their businesses and my own as well.