Secure online payment technologies
Jun 30, 2021
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Online payment security is a hot topic that worries not only cardholders. For banks, payment service providers, merchants such as online stores, this issue is also extremely important. The reason for this is not only financial risks that inevitably arise in the absence of a reliable system for ensuring the security of operations, but also concern for reputation. Maximum security of transactions over the network is guaranteed through the continuous improvement of data protection tools and prevention of fraudulent activities with customer cards, as well as the creation of innovative systems that meet all standards.
How payment security is ensured
A secure online payment system must comply with modern standards. Particular attention is paid to the control of employees and the maximum security of data storage. The package of measures includes:
- Data encryption in accordance with PCI DSS standards.
- Securing your web applications with secure coding industry standards.
- Organization of physical and digital data security through round-the-clock system protection.
The stability and security of the corefy.com platform is ensured through continuous improvement through the introduction of innovative technologies.
Compliance with security standards
A system that supports any online payment method https://corefy.com/integrations/payment-methods, should have the maximum degree of information protection. Compliance with high security standards for electronic payments is confirmed by certification:
- PCI DSS is a security standard that has been created by major payment systems. Transactions that comply with this standard are completely secure and protected from theft of customer personal data.
- VISA TPA and MRP - registration in these systems allows you to provide additional security of confidential data of the payer.
- ISO - compliance with the requirements of an international organization for standardization implies the highest level of information security.
- GDPR - compliance with European-wide regulation confirms the fact that confidential user data is under reliable protection.
Benefits of turnkey solutions
With a comprehensive solution https://corefy.com/white-label-payment-provider you can quickly and easily become a payment service provider. In this case, entering the world market will happen much faster and without extra costs.
The finished software product has a number of important advantages:
- The ability to access technology in the shortest possible time.
- Reasonable cost. A ready-made solution is much cheaper than developing your own payment product.
- The ability to choose any of the payment partners according to your own needs. With all the necessary payment methods, currencies and functionality available, work can be started as quickly as possible.
- Guaranteed high level of security for online payments.
Using a ready-made solution, you can increase the scalability of your business and its attractiveness to customers without much effort.
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