Many of our payments these days take place on the internet. When taking care of your finances online, it's extremely important that you're able to do so in a secure and privacy-sensitive way. This can be quite a challenge. Apart from regular phishing attempts, hackers are also becoming an increasingly dangerous threat. In addition, there are plenty of parties who would love to have access to your bank information, for whatever reason. This poses a risk to your financial data and therefore your personal wealth. Fortunately, there are effective ways to make online payments safer and more anonymous, such as using bitcoin.
Bitcoin, Cryptocurrency, and Blockchain Technology
You may have heard of bitcoin before. Bitcoin is a form of cryptocurrency (online payment methods) that has gained a lot of popularity in recent years. With bitcoin, you can do online payments more anonymously and securely, without needing your credit card or wallet.
Due to the innovative blockchain technology that bitcoin uses, which eliminates the need for banks for monetary transactions, bitcoins can hardly disappear, be duplicated, or stolen. This, according to some, makes bitcoin the payment method of the future. It could allow everyone to have the complete control to manage their own money. Are you interested in bitcoin and other ways to improve your financial online privacy? Then read the articles below.
How To: Safe Online Transactions
There are different ways to pay securely online. The most common way is paying by credit card. Aside from that, there are PayPal and cryptocurrencies such as Bitcoin and Ethereum, which allow you to pay more anonymously. Of course, regular online banking is also still a pretty decent option, as long as you protect your internet connection. This is quite easy with a VPN.
Secure Online Payments with a VPN
Online payments, logically, need to be done through the internet. This means that anyone who has access to your internet connection might be able to get access to your payment details. This doesn't mean they can instantly see your account number or pin code, but they could intercept and use certain data to make a payment of their own. To prevent this, it's best to use a VPN. A VPN encrypts your data and sets up an extra secure connection to the internet. This means that, even if someone is able to intercept your information, this data can't be used. Everything is encrypted and therefore unreadable. You can find a complete overview of the best VPNs on our top 5 VPN page.