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  2. Oct 18, 2023 · Prepaid cards. While safer than debit cards, prepaid cards don’t come with the same strong fraud protections as credit cards. Only use if you have no other options, and be careful when entering the...

    • Meredith Dietz
  3. May 20, 2024 · Below, CNBC Select reviews the most secure payment methods as well as ones you might want to avoid to better protect yourself while shopping. What we'll cover Safest online payment methods

    • Secure Online Payment Methods
    • Secure In-Person Payment Methods
    • Payment Methods to Avoid

    If you’re hoping to make your transactions as secure as possible when you shop online in 2023, consider the following online payment methods.

    Technology has also made in-person payments more secure than ever, especially for payments using a mobile device. The following in-person payment methods boast increased security features that help protect your personal information.

    While every type of payment method has some disadvantages, debit cardsare probably the riskiest form of payment. Debit cards do offer the convenience of a card, since you don’t have to carry cash around or write a check, but the funds you use are actually tied to your bank account. Unlike credit cards that typically come with zero fraud liability a...

  4. When it comes to fraud protections, credit cards and digital wallets like PayPal are your best choices for secure online and digital payments. Always exercise caution in sharing bank information...

  5. Sep 14, 2018 · P2P Is Basically Safe, but Holds Some Risks. Mobile peer-to-peer payment (P2P) services, like Venmo, Zelle, and Apple Pay, would seem an appropriate way for individuals to pay each other in...

  6. Jan 17, 2022 · Stalwarts like PayPal and credit or debit cards continued to be the preferred mode of payment for online transactions. But many sites also offer newer methods like Apple Pay and even Bitcoin. When prompted to enter your payment information, you might be wondering: Which method is actually the safest?

  7. Dec 12, 2023 · When it comes to anonymous online payment methods, here are the safest ways to send and receive money online from strangers or the ones you know: Cryptocurrencies – mostly anonymous and a widely used payment method online. Prepaid debit cards – widely available and easily usable on services that accept them.

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