credit card theft and fraudulent charges does not credit card number

I solved this by using a credit card that expires at the end of this month. If someone tries to renew a subscription after the expiration date, the credit card bounces because it has expired. 




his prevents any attempted new charges. I know the company will need to contact me when the renewal time approaches.

 I can then make the decision whether or not I wish to renew. I am in the driver’s seat, not the company that wishes to charge my card.

Disposable credit cards are useful for many purposes. In many cases, you can limit the amount to be charged on the card. For instance, I might want to make an online purchase for $49.95. I can create a disposable credit card number that is authorized for a maximum total of $60 in charges. The extra ten dollars will handle
 shipping charges and sales tax, if any, but will block higher charges. If anyone attempts to charge the card for more than my $60 max, the transaction will be rejected by the credit card company. 

Also, if a dishonest employee of that company obtains my credit card number and tries to charge even more, the charge will be refused.

Another option provides for recurring monthly payments that allow you to securely manage your monthly bills. For instance, if your cell phone bill is consistently $65 a month, you can pay the bill with a virtual credit card number that allows $65 or perhaps $75 a month in charges, but rejects anything above that.

The virtual card numbers work just like regular credit card numbers, with one exception: they only work online. There is no actual card to swipe at the grocery store or any other in-person transaction. When ordering goods online with a virtual card number, you enter that number into the space that says “credit card number.” The merchant you are dealing with will never know that you used a virtual credit card number in place of a “real” number. In fact, the merchant (or the merchant’s dishonest employees) will never see your real credit card number. The numbers on a virtual card look about the same as the numbers on a plastic credit card.

Besides, this insurance against theft and fraudulent charges does not cover automatically-renewing subscriptions. The insurance only covers fraud.

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Check with your current credit car

d provider to see if the company offers virtual credit card numbers. If not, you might consider switching to a different credit card company.

Here are some virtual credit card number providers I know about. If you know of others, please post a comment at the end of this article:

Finally, all credit card payments made by PayPal are actually insured twice: once by PayPal and once again by the credit card company. Even if anyone does succeed in ripping off a payment by PayPal, you always can get your money back.

Finally, any recurring payments funded by PayPal can be stopped by logging onto the PayPal site.

When given a choice of paying by credit card or by PayPal, I always choose PayPal because of the extra security. I have been a PayPal user for fifteen years, have made hundreds of online payments with PayPal, and have never had a problem with any of the payments.