Top Tips on Handling E-Commerce Transactions 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. How can you establish trust among your customers? You will need to assure them that you can manage their payments securely. How do you achieve that? Here are a few methods to help you to that.
Tip 1: Have 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. In that instance, an open source e-commerce platform would be a great idea because you will receive consistent get security updates which will help protect your website from hackers.
Tip 2: Get the Facility to Accept Payments Securely.
Your website needs a facility to take payments. If you are managing only small transactions with a couple of clients, a merchant account will be ideal 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 essential as you need something which will secure your clients’ sensitive data, such as their sending addresses, credit card numbers, and their names too.
Hint 3: Give Other Payment Choices.
Credit card details could be quite a dangerous and tricky endeavor. 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 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 problem with this kind of choice is that they come with hefty transaction fees that could hurt your profits.
In the Internet world just like in the real world, you can build trust with clients when you make them feel protected when they’re purchasing 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.