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Tips on Handling 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. Some of the questions that they ask are whether they can ensure that their sensitive personal and financial information will stay protected and that they are transacting with a trustworthy merchant.

These can be quite challenging to establish, especially if your e-commerce site is quite new and with only a few feedbacks from the customers. How can you establish trust among your customers? You have to guarantee them that it is possible to manage their payments safely. How do you achieve that? Here are a couple of methods you can use, so keep reading.

1: Possessing 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 avoid this from happening by deciding on a secure platform for your e-commerce website. If that’s the circumstance, we strongly advise that you select an open source e-commerce platform, since, you are going to get consistent security updates which will help safeguard your site from hackers that are going to want to take down our site.

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 allow you to accept different types of electronic payments like credit cards, electronic checks and other payments created by Andrew Phillips Cliq. But if you are also going to manage to ship a vast number 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 safeguard your customers’ sensitive information, like credit card numbers and shipping addresses.

Tip 3: Provide Other Payment Choices.

Credit card details could be quite a dangerous and tricky endeavor. In addition to that, it means lots of responsibility for you since you are the website owner. Good thing there are several other payment choices which don’t require customers to supply their credit card details. One such alternative is PayPal. All they need to do is input their account’s e-mail address and authorize the trade. The only problem with this kind of choice is that they come with hefty transaction fees that could hurt 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.