Most people are familiar with using their credit card to pay for online shopping, but you may not be sure whether you can use your debit card in the same way? Find out all the answers you’re searching for about using your debit card online here with Savvy. You can compare cards and card providers with us to help you find one which lets you shop with maximum convenience online.
Yes – the good news is that debit cards can be used for online shopping in the same way as credit cards. The three major payment networks in Australia (Visa, Mastercard and American Express) accept payments from all cards issued, whether they’re debit, credit or prepaid cards (such as a prepaid Visa card).
How to use your debit card online
Using your card online is fairly straightforward. These are the steps to take to use your debit card at an online store checkout:
When choosing a new debit card to use for your online shopping, some of the features you should compare are:
Yes – billions of dollars are spent every year through online shopping, with many of these successful transactions carried out using a debit card. However, there are sensible precautions you should take to ensure that you don’t fall victim to scammers or identity thieves trying to get their hands on your personal financial information. These are some of the further precautions you can take to safeguard the funds in your bank account:
Never give out your card details on social media
Make sure that you never give out your card details on social media, in online chat forums, text messages, online games or in any other circumstances where financial information is not encrypted.
Check the website is legitimate
Look at the address bar of the website you’re using. There should be a padlock symbol at the front of the website address, known as the URL. This demonstrates the site's owner is utilising safe encryption techniques to defend itself against hackers. The address should also start with https://, so make sure there’s an ‘s’ after the http, which also indicates the site is secure. It can also pay to type the name of the website into a separate page and review the results for that site. This may reveal if it’s been reported to a scamming prevention authority.
If in doubt, use a temporary debit card for added security
A temporary debit card is digitally created for a single transaction use so that you don’t have to reveal your real debit card number when shopping online. It’s linked to the funds in your bank account just like your standard debit card is. Such cards offer an added layer of security to your online purchase, as the merchant never gets to see your real debit card numbers.
Temporary debit cards can be created by some digital wallets, mobile apps and online security sites to act as a buffer between you and the website you’re dealing with. The added benefit of a temporary debit card is that you can often set a limit on the card so that you’re not overcharged, and only pay the amount you’ve agreed to when you accept the payment.
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