October 22, 2020

4 ways to pay securely online

List the companies authorized to withdraw from your account

Since August 1, 2014, with the Sepa (Single European Payments Area) regulation which creates a single payments area on a European scale, banks no longer manage direct debit mandates. These are held only by creditors. In order to avoid fraudulent direct debits, the Sepal regulation (article 5-3. D) Therefore authorizes you to draw up with your bank:

Pay with a single-use virtual bank card

Thanks to a virtual bank card (also called e-bank card), you can pay for your purchases remotely (internet, telephone, etc.) without having to transmit the details of your traditional card.

Connect to your bank’s website or contact your customer advisor to subscribe to the e-bank card service. Once registered, you will receive by mail a username and password allowing you to access the service. Download the e-bank card software to your computer from the internet address provided by your bank. When doing payment processing online gaming on a site, click on the virtual bank card icon, and then enter your username and password. Then type the amount of your purchase and validate the payment. The e-bank card icon then generates a single-use number. Report it to the merchant site. Generally count from 8 € to 14 € per year, depending on the bank.

You can use it at almost all remote merchants (in France and abroad) who accept Visa, MasterCard or Carte Blue credit cards. The generated number becomes unusable once the purchase is made. You benefit from the same guarantees, insurance and management rules attached to your real bank card (identical spending limit, deferred debit, etc.). Your purchase appears in a classic way as a debit on your account statement. Your bank card number does not circulate on the internet.

You must register with your bank and download software to your computer beforehand. Not all banks offer this service, and it is relatively expensive.

Full Life advice

Note that you will not be able to use your e-bank card on sites requiring you to present the card to collect a delivery or a service (such as a train ticket at an SNCF self-service terminal).

Pay on the internet thanks to a “trusted third party”

These financial intermediaries (for example, PayPal) make it possible to secure both the payment and the delivery of a product purchased on the internet. Some sites like Price minister or Amazon provide this function themselves.

You and the seller must each open a free account on the “trusted third party” site. Once the sale is concluded, you pay your purchase to the latter, usually by credit card. This informs the seller that he has received your payment. The seller can then send your purchase to you. As soon as you receive your package, you inform the “trusted third party”, who can then transfer the money to the seller’s account. A commission on the sale price must be paid by the buyer and / or the seller, depending on the site. For example, the seller must pay 3.4% + 0.25 € per transaction with PayPal.

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