How to Handle E-Commerce Payments Securely
Although a growing number of people choose to buy things online with their credit cards, there are still those who choose not to do so due to the risks involved in these transactions. Some of the questions they ask are whether their sensitive financial and personal information will stay secure and whether they’re transacting with a reliable merchant.
These can be hard to establish, particularly if your e-commerce website is quite new and it hasn’t obtained a big deal of comments from the clients yet. How can you establish trust among your customers? You have to guarantee them that it is possible to manage their payments safely. How can you do so? Here are a few methods to help you to that.
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. 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’re managing only small transactions with a couple of clients, subsequently, a merchant account is going to work for you. It can allow you to accept different types of electronic payments like credit cards and other Andrew Phillips Cliq electronic modes of payment. But if you’re also likely to manage shipping of a huge number of orders, then you will need a payment gateway. Whatever merchant account and payment gateway you choose, ensure that it has a good reputation for offering 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: Provide Other Payment Options.
Handling credit card details may be a tricky job. 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 choice 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.
You can build trust with clients online just like you do in the real world by making them feel safe when they’re purchasing from you. And you can do so on your e-commerce website by offering them with safe and protected choices by which they may close transactions with you.