If you have your credit or debit card with you, you already know the convenience of using it. Often times most of the average consumers nowadays own a card that would allow them to make purchases online and probably enjoy the rebates and rewards the card is offering. It would always depend on a particular card holder on how he or she handles the numerous available purchases that merchants provide.
Many of us would resort to having a credit or debit card instead of the usual cash on hand when we need to buy or make transactions online. Online buying has already been a trend. Online bidding sites like Ebay allow anyone to buy and sell their stuffs and when you’ve got a credit card, you could easily buy an item.Different credit cards have this certain feature that it could be universally accepted anywhere you are in the world. Making certain transaction from other countries is possible.
On a negative note, if the online business is growing, there is a tendency that online fraud would also take place. To date, there are already many victims of fraud, cardholders from the bank Barclays who owned a Barclaycard were some of the few victims of fraud. Most of the consumers could have overlooked the legality of a particular merchant. To add up to the problem, the victims of fraud would have to wait for a longer time for their money to be back.
According to a finance article published on Yahoo, the figures have shown that the customers of the bank Barclays are in their quest to wait for the charges that are found to be fraudulent to be back in their accounts. Customers would wait for a month long so that they can get their money back even if in the very beginning it is the obligation of Barclays to refund the charges promptly. A survey has already labeled Barclays as the most complained about and worst bank in terms of refunding fraud charges to their clients.