Nowadays, a bank card has become the main tool not only for payments in stores, but also for transferring money online. However, with the growth of digital convenience, the risk of becoming a target of fraudsters also increases. Even one careless action can be costly.
So how to protect yourself when transferring money via card? How to reduce the risk and ensure the safety of your funds both in the real world and in virtual space?
1. Use only secure Internet connections
Never enter card data using public Wi-Fi. Such networks are often unprotected, and hackers can easily intercept your data. If you must make a transfer in a public place, use mobile Internet or VPN.
2. Check the website’s security
Before entering your card details, make sure that:
The website address starts with https://
There is a lock symbol next to the address field
This is a trusted and well-known website (e.g., a bank, an official store)
Websites that do not have a security certificate (SSL) can be dangerous.
3. Never share your card details
The card number, expiration date and CVV code (3 digits on the back of the card) are sensitive information that only you should know. Even if someone introduces themselves as a bank employee – never give this information over the phone, via e-mail or text messages.
Banks never ask for card details in such ways.
4. Use an additional level of security – 3D Secure
Most banks offer 3D Secure protection (e.g., Mastercard SecureCode or Visa Verified by Visa), where you need to additionally confirm the transaction via SMS or mobile banking during the transfer. If your bank doesn’t offer this yet, it’s worth contacting and activating this feature.
5. Monitor your account statements
Regularly check your account movements and look for unfamiliar payments or small, strange amounts (e.g. €1.01, €0.99). Such small test transfers often indicate that someone is trying to check your card.
If something seems suspicious, contact your bank immediately and block the card.
6. Use a separate card for online payments
Using a separate card or even a virtual card only for online payments is a great way to reduce risk. Keep a small amount there and transfer funds only when necessary. This way, even if data is leaked, the losses will be minimal.
Many banks in Lithuania (e.g. Revolut, Paysera, Swedbank) offer virtual cards for free.
7. Set limits
Most banks allow you to set:
Daily/monthly payment limits
Online transfer limits
Cash withdrawal limits
This will protect you if your card falls into the wrong hands – even if someone gains access, they won’t be able to empty your entire account.
8. Use strong security on your devices
Since we usually transfer money via phone or computer, it is important to:
Update your software
Have an antivirus program
Use a strong password or biometric authentication
Don’t stay logged in after making a payment – always log out
9. Be careful with messages and emails
Phishing attacks are a common way to steal people’s card information. If you receive an email or SMS message that tells you to “click here to update your details” – be very careful.
Such emails often look like they are from a bank, but they are fake. It is better to connect to the bank yourself through the official website or app, and not through links.
Conclusion: security is in your hands
Card payments are fast and convenient, but they also require responsible behavior. Even small mistakes can open the door to fraudsters. By following the tips above, you can significantly reduce the risk and use your card safely both in everyday purchases and online.