How to Handle 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 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, especially if your e-commerce site is fairly new and it hasn’t got lots of feedback from your customers yet. So, how can create confidence with your customers? You have to guarantee them that you can take care of their payments safely. How can you do so? There are several tips to guide you, so read on.
Tip 1: Have a Secure Site.
No matter how secure your payment gateway is, you will be surprised t get serious backlash from the clients in case your site becomes endangered. It is possible to keep this from occurring by deciding on a safe 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: 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 help you accept various sorts of electronic payments developed from Andrew Phillips Cliq innovations such as credit cards. But if you’re also likely to manage shipping of a huge number of orders, then you will need a payment gateway. Whatever merchant accounts and payment gateway you choose, ensure it has built a reputation for dependable 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. Additionally, it means a great deal of obligation for you because you’re the site owner. The great thing is that there exist other payment options which don’t require clients to supply their credit card information. One alternative is PayPal. All they should do is input their account’s email address and authorize the trade, and they’ll be all set. The only problem with this kind of choice is that they come with hefty transaction fees that could hurt 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.