Whether via Paypal, on account or with a credit card: online shopping is convenient, fast and popular. But one in five people say they have already been cheated on. Experts reveal the most important tips for protecting your own money online.
Am I free to choose how I want to pay?
Credit card, invoice, instant transfer: everyone has their preferences, including when it comes to paying. But that doesn’t mean that you can always pay the way you like best. The reason: Online shops can determine which payment options they offer. “Consumers have no right to what they have preferred payment method“, says David Riechmann, specialist lawyer for banking and capital market law at the North Rhine-Westphalia Consumer Center. However, the providers would have to inform how payment can be made on the website at the latest when the ordering process begins. However, it could happen that a provider does not do so when ordering and entering the personal data makes a purchase by invoice dependent on how the credit check turns out, i.e. how the customer’s ability to pay is assessed.