'Compare credit cards to avoid online fraud'

Australians can protect themselves from fraud by using separate credit cards with lower balances when shopping online.

Elise Davidson, spokeswoman for the consumer advocate group Choice, told News Limited that this measure serves to enforce a limit on any unauthorised spending that could take place.

Ms Davidson also advised shoppers to do their research on a website before agreeing to hand over credit card details.

"By checking an online shop’s terms and conditions, privacy policy, complaints procedures and whether it has a secure checkout, you can minimise the risks of online shopping," she said.

In addition, Ms Davidson noted that Aussies can check the Australian Securities and Investments Commission website at www.asic.gov.au for any problems that could arise when dealing with an online company.

Last week, a Senate inquiry urged Australia’s banks to step up their efforts to fight sophisticated debit and credit card fraud schemes which manipulate in-store EFTPOS terminals.

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