Online shopping is extremely common these days, as it helps customers to save time, energy, and choose from a huge collection that a physical store might not offer. And to make the most of this trend, many businesses are going online these days and setting up e-stores or websites. However, without the promise of absolute security, no one will want to buy products or services from you. After all, the rise in online transactions has also opened up many opportunities for fraudsters and scammers who try and steal sensitive data and destroy the profits as well as repute of ecommerce stores. So, here are a few things you should keep in mind apart from adopting a reliable online payment gateway with PCI-DSS certification.Why do you need PCI-DSS compliance?
PCI-DSS essentially refers to compliance regulations that have been made mandatory by the Payment Card Industry Security Standards Council. Since as an online merchant, you will be accepting, storing and processing credit card data, you will have to follow these regulations to ensure the safety of customer payment information. If you are PCI-DSS compliant, you can go through the annual onsite data security assessment, like the use of SSL authentication. So, the best thing to do is to adopt an PayTabs online payment gateway that is PCI-DSS certified and takes care of all this for you.
Try and avoid human errors
Human errors are often the reason why security breaches happen in many cases. So, it is important for you to know about some basic safety measures and also train your employees accordingly. Otherwise, not even the best security systems can protect your customers’ data. So, inform your employees about how and why they should double-check every transaction. Make sure no one clicks on unsolicited emails or attachments. Sharing private information with unauthorized persons or leaving work-related devices like laptops or USB drives unattended should be avoided.
Never store CVV data
Most credit card frauds happen when the CVV data is compromised. So, avoid saving that data at all costs. If you do need to store the customer’s name or account number, make sure you use a cloud-based storage, or a private network, or encrypt the data. While sending email receipts to customers, make sure only the last 5 digits of the credit card number is displayed and nothing else.
Verify transactions carefully
Address verification match is a great way to get started. This basically involves comparing parts of the billing address with the address registered with the issuing bank. Also, your customers should always have to enter the CVV number on the back of their cards to complete a transaction. If someone places a very big order, try and call him to verify first. Do watch out for unusual email addresses, and be on your guard if the shipping address indicates an area which is known for frauds already.
Adopting a well-known online payment gateway can take care of a lot of the safety tips mentioned above. Besides, you should set up the latest firewalls, install intrusion detection systems, and update your antivirus software periodically. These measures can block malicious traffic effectively.Click here
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