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. 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 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 will need to assure them that you can manage their payments securely. How can you do so? Here are a couple of methods you can use, so keep reading.
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 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: Have the Facility to Accept Payments Securely.
Your website needs a facility to take 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. 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.
Hint 3: Give 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 need to do is input their account’s e-mail address and authorize the trade. The only problem with this kind of alternative is that they include hefty transaction fees that could affect 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.