Is Your Business Secure While Accepting Online Payments?
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The document outlines essential measures for ensuring security in online payment processing, emphasizing data encryption, address verification systems, tracking suspicious activity, maintaining PCI compliance, and partnering with a reliable payment processing provider. Implementing these strategies can help protect customer data from fraud and theft. Businesses are encouraged to select reputable partners like Payment Asia for enhanced security and compliance.
Is Your Business Secure While Accepting Online Payments?
- 1. Is Your Business Secure While Accepting Online Payments? www.paymentasia.com
- 2. Payment processing has many complex technological layers and is prone to data security violation. Protect your cardholder's data against online fraud and theft by counting on Payment Asia’s fully integrated solutions.
- 3. 1. Encrypt the Data You Receive Make sure your data is encrypted, as unencrypted data is nothing but an invitation to hackers to steal your customer’s payment information. Partner with a reputed payment processor to encrypt your process and payment system on receipt, thus protecting your information from illegal access wherever it is.
- 4. 2. Use Address Verification System Protections Frauds have become an increasing phenomenon in online payments as you cannot see the person whose payment details you are receiving. Address verification system (AVS) data is a defensive solution against data thefts that verifies if the address connected to a payment card matches the billing address of a purchaser.
- 5. 3. Track and Understand Suspicious Activity Suspicious activity report will help you identify unusual customer location or any unusual purchasing pattern from a particular customer. Invest in Payment Asia to receive suspicious activity reports to get an early warning regarding any fraud activities. Make sure you review it before you complete the transaction. While there may be good reasons for the activity, there is no harm in following up to prevent any payment fraud.
- 6. 4. Maintain PCI Compliance As confirmed by Payment Asia’s Kenneth, PCI compliance guidelines are to be satisfied by payment card industries before merchants can process card payments. Make sure you understand the guidelines and conduct regular tests to ensure you comply with the expectations. Falling out of compliance can risk your payment transactions and also suggest that your security measures are not good enough to protect your customer’s payment details. Stay updated for any patches to keep up with the expectations for your payment processing.
- 7. 5. Work with a Strong Processing Partner Investing in the right payment processing partner can help you keep up with the constantly changing rules and newly emerging security threats. It will also give you peace of mind and spare you some time which you can use to do something productive. Your processing partner should be able to meet your requirements with up-front security and be quick to respond to any potential issue. Payment security is crucial for any eCommerce business. Partner with a payment processing company like Payment Asia that is both efficient and secure and offers high standard payment technology to reduce risks and chargebacks and simplify PCI compliance.
- 8. Contact Us 85231058028 , 85227542822 services@paymentasia.com https://www.paymentasia.com/en/ https://www.facebook.com/pzgp.paymentasia https://twitter.com/HK_PaymentAsia https://www.youtube.com/channel/UCDd79bnKT0I4y0aiCKNQz6g