Online bill paying is one of the modern luxuries that many people have chosen to take advantage of. Even though it is extremely dangerous, online bill paying is also very handy.
When paying your bills online you have to use credit cards, and in order to use them you have to put in your credit card numbers, and pin numbers online. This can prove to be very dangerous due to the fact you are entrusting a very insecure line of communication with some of your most valuable information. Not only are you trusting your information online, you are also trusting a company with information that is not to be shared.
When you put your credit card number online it is equivalent to putting it on a brightly decorated sign in the middle of central park declaring it for all the world. I mean come on people, when are you going to realize that nothing on the internet is private, everything is everyone’s business.
On another note when you give a company your credit card information, you are giving them access to your money. They may be trustworthy, hey some people are. But they may also share it with other companies who will then take them and charge you for items you never purchased. I’m not saying that all companies will, but there is always those who do.
After hearing the pros and cons, you have a decision to make. If you want to take a risk, be my guest, who am I to tell you any different.
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