Payment Security where we are in 2022
Payment Security: where do we stand in 2022 ?
Today, it is more and more common to buy online. Consumers are always more present to warm up the bank card on the internet. Nevertheless, before entering your banking information, it is important to make sure that these data will be secure once entered.
What is a secure online payment ? What are the Best Practices for Securing Online Payments in 2022 ? Find out Everything You Need To Know About Securing Payments on the Internet TODAY.
A Secure Online Payment: C’is what ?
The Security of Payments from a personal or professional account is very important.
A Secure Payment On a Merchant Site is a Payment Ensting the Impermeability of the Transfer of Your Banking Information. VS’I.e. That Your Credit Card Number, Its Expiration Date and its Cryptogram Are Encrypted. In Practice, this Means that your bank details are only transmitted to the mercant site where you make a payment.
Today, ENTURE A SECURE ONLINE PAYMENT It is essential for the managers of e-commerce sites to provide information to their customers. Indeed, it can be prohibitive for a new customer not to have a security insurance for his payment.
As a result, Many sites have an online pro account that allows them to offer several types of secure payments to customers while managing them from a single interface.
What are the best practices for Securing Online Payments in 2022? ?
A Few Years AGO, Buying on the Internet was a risk that few for fear of having their banking information hacked. However, The Security of Online Payments is Strong Teday Than It has been been so that consumers can order online without fear. Nevertheless, there are some good practices to know in order to include the Security of online Payments.
The First Good Practice We Would Like to Highlight is the use of Secure Payment Methods. Indeed, Before Any Habit to Take Online, The Payment Method Itself can ensure a Better Security of Payments. For this, banks offered Two Services:
- The Blue E-Carte (OR Virtual Bank Card): The Virtual Bank Card is the New Secure Asset to Pay Serenely Online. By Issuing a Virtual Card for Each Online Payment, The User is assured to Provide Only the Necessary Funds for His Purchase. In Case of Hacking, The Bank Account Balance is untouchable;
- The 3D Secure Bank Card: The 3D Secure System is a system directly linked to a bank card. It includes double verification by sending a single-use code by SMS. This option is generally available free of charge on visa or mastercard bank cards to reinforce the security of online payments.
Note: since May 15, 2021 (PSD2 Payment Security Standard), A Strong Authentication Device has become mandate for purchases over € 30 to increese payment security. Even More Secure Than The Double Authentication by SMS, The Online Payment Will Need To Be Approved Manually Therough The Mobile Application of His Bank.
In Addition to theuse of a more secure payment method, There are also other habit to adopt online to reduce the risk of piracy: