Tips for safe internet banking:

A majority of the Indian consumer market has moved online. With the internet revolution in its wake, as many as 460 million Indians are a part of the netizen community. It has, therefore, become critical to now provide an alternative virtual solution to the brick and mortar model that has been in practice for so long.

The practice of completing transactions online is steadily on the rise with online purchasers preferring to link their bank accounts to various services in order to facilitate easy and hassle-free payment. Impertinent to this development is the creation of a user-friendly payment application interface that will provide the best online experience possible.

With many payment options like Amazon pay, Paytm and Freecharge and the like popping up, the future of money is in virtual transactions over the internet. Almost every major banking service offers the opportunity to access their daily functions through online interfaces by use of applications. This software is specially created for the purpose of performing transactions and other traditional services that are typically performed in the physical sanctuary of a bank now on various devices in the comfort of one's home. With the convenience of 4G speed, internet banking has truly become the choice method for many customers to perform daily billing activities.

However, it is important to follow certain guidelines before engaging in any transaction online or creating an internet banking account. Listed below are several tips to avoid becoming a victim to cybercrime.

1. Change your passwords regularly.

With the number of times, you'll be accessing your bank account via various devices, it is best to maintain a habit of changing passwords regularly. This will also log you out of other devices, providing you with a clean slate of sorts. Make sure that your password contains both upper and lowercase characters, is alphanumeric in nature and stray away from popular phrases.

2. Do not use public amenities to access your account.

Public networks are used by hundreds and provide a breeding ground for hackers to easily propagate malware. These can infiltrate your personal data and send them back to the perpetrator. If the need so arises, the precaution of clearing browsing history along with cache can help. Also, using a private VPN will mask your IP address, making it indefinitely harder for the hacker to track your trail.

3. Keep your account details private

These are applicable to even the smallest details such as OTPs to account ids and passwords. It is in your best interests to keep these details secure as more the number of people that have access to such personal information, larger are the chances that this information might fall into the wrong hands.

4.    Keep checking your savings account regularly

Constant vigilance will help you to detect any malicious activity regarding your account early, and help to rectify it immediately. If you notice any discrepancies in your account, notify your account manager immediately to take the necessary steps.

5. Install and update your anti-virus software regularly

A good antivirus will block all major threats in a network, and notify you if someone is trying to look past your firewalls. It is crucial to keep them updated, as newer variants of virus are often created for the purpose of smuggling personal information without the owner even getting a hint of it.

6. Beware of links sent through messages

Often many messages are sent by cyber criminals pretending to be your bank and asking for personal details. Stay away from any message or email asking for your password as banks or financial institutions will never ask for any personal information via phone, message or email. It is always better to type out authentic links to complete your transactions rather than clicking on those sent by a third party.

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Following these tips will give you the upper hand to secure yourself in the cyber world. These features can be inbuilt in applications to ensure maximum protection against fraudulent activities. With the help of site builders like ShapeMyApp, it has now become possible for those with no prior experience of coding to create state of the art applications with around the clock support and technical expertise just a call away. These are compatible with all screens ranging from tablets to mobile apps on both Android and iOS.

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