The payment processing and credit card giant Visa has came forward to put an end to this problem by letting cardholders the chance to buy things wherever they are. The company plans to release a new location-based feature that will help cardholders to update their location via smartphone.

Starting in April, the banks will include the software application, dubbed Visa Mobile Location Confirmation, in their smartphone apps. The app will use cardholders smartphone's ability to locate itself and verify that they're near where the card is being used.