What are the best security practices online when accepting electronic payments?

What are the best security practices online when accepting electronic payments?

1

Although it is not at its best moment, it is undoubtedly a reference in the world of online payments. The security and ease of integration that has always offered, as well as the fact of being tremendously widespread have made paypal one of the most common methods of payment in digital transactions. It is a means widely used by those customers who buy very often online and are also very aware of cybersecurity. It is very versatile and convenient to manage returns.

It is the easiest way to transfer the offline world to the online world, with a security system similar to that of conventional POS and allows using the same card and passwords. It is perhaps the most convenient method for occasional shoppers. Its integration in stores can be relatively simple depending on the flexibility of the platform because the APIS of the banks are used. In the current market, it seems the most reasonable option in terms of the balance of ease of integration, costs, transaction security etc. …..

How to buy online with a stolen card

In high-income countries, entrepreneurs routinely accept digital payments from their customers and pay their suppliers, tax agencies and other entities electronically. However, in developing countries, where more than one-third of adults report being self-employed, digital payments are an underdeveloped business tool that can provide significant benefits to both entrepreneurs and society at large by bringing more people into the formal financial system. The transition from cash to digital payments represents great potential benefits for entrepreneurs around the world given the rapid increase in the number of people owning cell phones and the facilitation of digital payments in developing countries. A new report highlights how digital payments can benefit entrepreneurs. (i)Greater efficiency brings greater profits

Read more  How much is the monthly payment for a BMW M3?

For large entrepreneurs in developing countries, digital applications such as e-filing and e-payment of license fees can reduce the high costs of tax compliance. They can also promote the formalization of businesses and create a larger tax base for governments. In addition, with the electronic deposit of workers’ wages, employers can ensure the reliability and security of such payments, benefiting both employers and employees.

How to make online purchases with a debit card

4. Do not open attachments from suspicious e-mails: Do not open links or download files from e-mails or messages whose origin is unknown or that present unusual indications.

5. The information must be protected. If you have particularly sensitive or private documents on your cell phone, it is essential to delete them using secure deletion tools or store them in secure, encrypted folders. Tools such as Samsung Secure Folder or Pocket Files ensure that sensitive documents are not left unprotected.

7. Backup copies. Activate the automatic backup function to safeguard all the information or documents stored on your devices. This way, in the event of a cyber attack, you will always be able to recover your data.

10. Surf only on secure websites. Before visiting a web page from any device it is advisable to make sure that it is legitimate and protected with an SSL security certificate. That is to say, to verify if before the name of the domain there are the initials HTTPS and the drawing of a padlock.

How online shopping works

4. Do not open attachments from suspicious e-mails: Do not open links or download files from e-mails or messages whose origin is unknown or that present unusual indications.

Read more  Is adyen a PSP?

5. The information must be protected. If you have particularly sensitive or private documents on your cell phone, it is essential to delete them using secure deletion tools or store them in secure, encrypted folders. Tools such as Samsung Secure Folder or Pocket Files ensure that sensitive documents are not left unprotected.

7. Backup copies. Activate the automatic backup function to safeguard all the information or documents stored on your devices. This way, in the event of a cyber attack, you will always be able to recover your data.

10. Surf only on secure websites. Before visiting a web page from any device it is advisable to make sure that it is legitimate and protected with an SSL security certificate. That is to say, to verify if before the name of the domain there are the initials HTTPS and the drawing of a padlock.

Read more  Is Mastercard a payment processor?