How to Handle E-Commerce Payments Securely
Although a growing number of people choose to shop online with their credit cards, there are l those who decide not to due to the risks involved in such transactions. A few of the questions they ask are whether they can be certain that their sensitive financial and personal information will stay protected, and that they’re transacting with a trusted 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. So, how can create confidence with your customers? You have to guarantee them that you can take care of their payments safely. How can you do that? There are several tips to guide you, so read on.
Tip 1: Have a Secure Site.
No matter how secure your payment gateway is, you will find a critical backlash from the customers in case your site becomes endangered. It is possible to prevent this from happening by picking a secure platform for your e-commerce site. 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: Have the Facility to Accept Payments Securely.
Your website needs a facility to take payments. If you’re managing only small transactions with a couple of clients, subsequently, a merchant account is going to work 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 it has built a reputation for dependable security. This is essential as you need something which will secure your clients’ sensitive data, such as their sending addresses, credit card numbers, and their names too.
Tip 3: Provide Other Payment Choices.
Credit card details may be quite a dangerous and tricky endeavor. In addition to that, it means lots of responsibility for you since 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 such alternative is PayPal. All they should do is input their account’s email address and authorize the trade, and they’ll be all set. 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. You can do this on your e-commerce website by offering them with safe and secure options that they can use to close transactions with you.