When we want to keep our financial transactions private, it is much easier to do so by using online payment methods. Not all that we do in life should be shown in public, and along the same line, not all that we purchase do we want to reveal to others. There are purchases that we prefer to keep secret and even online subscriptions to certain websites that we keep hidden.
Avoid using credit cards
Fortunately, we can go about our business privately to accept and make payment transactions. One of the ways to go about doing so is to avoid using your credit card to make a payment transaction as each transaction is listed in the billing statement. You might want to keep a surprise purchase hidden from a significant other or just prefer to make sure that no one knows what you do with your money, so it is best to avoid using credit cards.
Online payment processor
An online payment processor enables consumers to use a payment method to make purchases without needing to directly use a credit/debit card or bank account. The services function by allowing you to send and receive funds with the use of an email address. The other detail that is necessary to send funds would be the amount, and in less than a few minutes, the transaction is completed, instantly.
Local and international payment transactions
When you have an account with the online payment processor, you can send funds both locally and internationally to people or businesses that also have an account with the same payment processor. You’ll need to have sufficient funds in your account to send the amounts that can be drawn from your bank, credit card, debit card, or from your stored funds.
The advantage of using an online payment processor for transactions is when funds are drawn from your bank accounts or credit cards, these statements will state the name of the payment processor, not the person or company that you purchased from. Whatever you bought gets to remain anonymous, unless your significant other or other people do get to access your online payment processor account.
Keep things private
When it comes to financial transactions, making other people in the know of what is happening doesn’t do anyone much good at all. There are people who will envy you for having money and there are also criminal elements out there. You need to use a secure payment system and to keep money matter secret, it all starts with you and what payment methods you use to send and receive funds.
Though cash transactions can be untraceable, it is difficult to do so as you need to meet up with a person or go to a place such as a money transfer service to make payments. Another thing that will hinder you from making a cash transaction is that most online sites such as that of subscriptions to video sites do not accept cash as a payment method. By choosing the right online payment processor, you can use their secure payment system to keep your money matters private.