Credit cards hailed as safest way to buy goods


Credit cards safest way to buy goodsLegal protections mean consumers should have few concerns about using their credit cards abroad, announced payments association Apacs.

New analysis from Apacs showed that credit cards provide "probably one of the safest ways" to buy goods. It also stated that cardholders benefitted from an "extra layer of protection" from Section 75 of the Consumer Credit Act.

This legislation states that providers are obliged to reimburse customers who suffer from a breach of contract while buying goods and services with their credit card. Breakages, design faults and failure to deliver are all counted in this protection, which applies to goods worth between £100 and £30,000.

Addy Frederick, PR assistant at Apacs, also offered security tips to customers planning to use their credit cards abroad. "We advise [cardholders] to make sure when they go abroad they have their card issuer's address and their card issuer's emergency phone number," she added.ADNFCR-2308-ID-19210057-ADNFCR

Published: 10 June 2009