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. 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 you build confidence? You have to guarantee them that you can take care of their payments safely. How do you achieve that? There are several tips to guide you, so read on.
Tip 1: Have a Secure Site.
Regardless of how stable your payment gateway is, you may get serious backlash from your customers if 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 circumstance, we strongly advise that you select an open source e-commerce platform, since, you are going to get consistent security updates which will help safeguard your site from hackers that are going to want to take down our 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 few clients, then a merchant account will do for you. It will allow you to accept different types of electronic payments like credit cards, electronic checks and other payments created by Andrew Phillips Cliq. 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.
Handling credit card details may be a tricky job. Additionally, it means a great deal of obligation for you because you’re the site owner. The good thing is that there are several other payment choices which don’t require clients to supply their credit card information. One 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 choice is that they come with hefty transaction fees that could hurt your profits.
Whether online or in the real world, you can build trust among customers by making them feel secure when buying from you. You can do this on your e-commerce website by offering them with safe and secure options that they can use to close transactions with you.