Pay Security

· 1 min read
Pay Security

What Is Pay Security? Pay security involves the steps businesses take to make sure that their customers' data is protected and to avoid unauthorized transactions and data breaches. Important aspects of pay security include following protocols such as PCI Compliance and 3-D Secure (3DS).

What is payment security in e commerce?SSL (Secure Sockets Layer) is a set of cryptographic protocols that provide security during digital communications for eCommerce payment systems. Most websites utilize SSL to protect web browsing, email, messaging, and financial transactions. SSL encryption increases the difficulty of hacking or data theft.

5 mobile payment security issues and their solutions

  • Lost or stolen devices.
  • Phishing scams.
  • Weak passwords.
  • Using Public Wifi.
  • Human error.

The payoff to criminals for obtaining and sometimes using fraudulent payment card information makes that information very vulnerable. The largest retailers, the smallest restaurants and everyone in between are vulnerable if proper security is not in place. It is not just credit cards that are at risk, either.

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