How to Keep Your E-Commerce Transactions Safe and secure?

The solution is indeed a highly secured Payment Gateway.

What is a payment gateway?
A payment gateway is an online payment service which contrives all the payment transactions on an E-commerce Platform. Popular payment gateways include Paystudio, PayPal, Braintree, Stripe, and Square. The main function of a payment gateway is to approve the transaction between merchant and the customer. A payment gateway leads to the e-commerce platform gaining affinity as it is not just convenient and quick but also secure and contributes to the success at the same time.

Things to be considered while choosing a Secure Payment Gateway:
A payment gateway should be considerably convenient for the customer as well as the merchant but secure or safety of transaction still remain the priority while choosing a secure payment gateway. There are few questions that one must ensure while working with a secure payment gateway:

What payments do your customers use?
The most fundamental question that needs to be answered is- how and what your customers are using to handle their payments?
If you hoard your payment gateway and facilitate a payment type that they can use, it may lead to problems and run into security risk as well.
What is the fee from the payment gateway?
if a payment gateway’s costs are outweighed by the money you spend on additional security concerns and fraud detection, it might not be worth the investment. So, one must always consider the fee of the payment gateway and how it relates to their security costs.
How secure is their encryption?
To measure the Legitness of a payment gateway, you’ll want to work with PCI adhered companies. The Payment Card Industry Data Security Standard (PCI DSS) is a system of standards put in place to uphold security provisions for the online payment service providers. Before you pull the trigger on any one payment gateway, one must double-check that they maintain PCI compliance. These are standards put in place to protect the customer data and payment information.
What is their reputation?
Nowadays customers have become really intellectual and wise, over a quarter of customers would want to see security marks at the point of checkout. One should use a payment gateway that their customers can trust on to eventually prevent customers from abandoning their shopping carts or losing their interest in the brand. The brand recognition always works in your favour by Enlightening the security standards and encouraging a customer to continue shopping. Some high risk merchant payment gateway providers like Paystudio is one of the best payment gateway solutions with highly secured infrastructure.

https://paystudio.vip/

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