How to Handle E-Commerce Payments Securely
Although a growing number of people choose to buy things online with their credit cards, there are still those who choose not to do so due to the risks involved in these transactions. Some of the questions they ask are whether their sensitive financial and personal information will stay secure and whether they’re transacting with a reliable merchant.
These can be hard to establish, especially if your e-commerce site is fairly new and it hasn’t got lots of feedback from your customers yet. How can you establish trust among your customers? You will need to assure them that you can manage their payments securely. How can you do so? Here are a few methods to help you to that.
1: Possessing a Secure Site.
Regardless of how stable your payment gateway is, you may get serious backlash from your customers if your site becomes endangered. It is possible to avoid this from happening by deciding on a secure platform for your e-commerce website. If that’s the case, open source e-commerce platform is highly recommended because you will receive consistent security updates that will help protect your website from hackers that want to take down your site.
Tip 2: Get the Facility to Accept Payments Securely.
Your website needs a facility to accept payments. If you are managing only small transactions with a few clients, then a merchant account will do for you. It will help you accept various sorts of electronic payments developed from Andrew Phillips Cliq innovations such as credit cards. However, if you are also likely to handle shipping of a massive quantity of orders, then you will have to get a payment gateway. Whatever merchant accounts and payment gateway you choose, ensure that it has already built a reputation for reliable security. This is very important since you need something which will protect your clients’ sensitive information, such as their shipping addresses, credit card numbers, and their names.
Hint 3: Give Other Payment Choices.
Handling credit card details may be a tricky job. It also means a good deal of responsibility for you because you are the website owner. The great thing is that there exist other payment options which don’t require clients to supply their credit card information. One alternative is PayPal. All they need to do is input their account’s e-mail address and authorize the trade. The only thing issue with this sort of alternative is they include hefty transaction charges that could lower your profits.
Whether online or in the real world, you can build trust among customers by making them feel secure when buying from you. And you can do this on your e-commerce site by offering them with safe and protected options by which they can transact with you.
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