Your sensitive payment and account information is secured using the same method as the rest of LastPass’ data – at a local device level, meaning your details are never stored on LastPass’ remote server without being encrypted first. The software decrypts and accesses data directly on your device, only as necessary, and you can use two-factor authentication to further secure your details if you wish.
Online shopping can be made faster and more secure; you don’t need to store your payment details on websites with potentially questionable security, since they are easily to hand in LastPass if you need them again – meaning you can use the guest checkout feature if it’s supported by the retailer or service. You can also use the auto-form-fill feature we discussed in last week’s post to automatically fill in your card or account and address data.
If you want to share the details with another LastPass user, that is also possible – for example if you need to provide other people with the details of a corporate or business account. You can create multiple profiles for your accounts and associate them with different addresses – for example if you have one card and address for ordering supplies for your business, and another for personal or home use.
Along with simple information like credit card numbers, LastPass can also store details like SWIFT or IBAN details, or routing numbers for even greater convenience and utility; it can even save the address details and contact numbers of your branch. Like all items stored in LastPass, you can also make secure notes, or store images or files as attachments onto these details, if you need to.
It also works for payment providers such as PayPal and Venmo, if you use those, since you can use it to securely store your login information for these services, and can log you in easily if the vendor supports them by offering them to you as profiles along with your other payment methods.