Monday, June 22, 2009

Security – A Key Concern While Making Online Payment!

Security is a major concern for customers while making online payment. All sensitive information, including personal details as well as credit card information must be kept confidential through encryption and using other security standards.

Online payments are processed by websites and these websites require encryption of some kind. Customers look for security on the site and want to have a secured feeling that their information is safe. The customers give you their personal information in a shopping cart. So, you must ensure that the information is safe and protected. Education and awareness are a must to identify fraud and identity theft.

There are many ways to tamper with the shopping cart. The username and password can be hacked, the visitors can tamper with forms used to send items to the shopping cart, and the database can change values according to the parameters submitted from the web site and so on.

A shopping cart is used as a measure to sell and increase profitability. Many times security issues start from drawbacks of the software itself. Hence, it is essential for shopping cart developers to consider security measures and provide tips on how to avoid most common and frequent problems.

Some of the security measures to develop a shopping cart software are:
  • Encryption of Password and sensitive information.

  • Perform Admin password verification test.

  • After the transactions are processed, a good support for credit card record deletion.

  • Catalog stock operations must be recorded.

  • Taking snapshots for verifying the amount charged for each product in each order.

  • Support for blocking purchases from free e-mail addresses.

  • Support for blocking chargeback customers or troublesome customers.

  • With each order, recording the customers’ IP without fail.

  • Resetting of global customer password when threatened by intrusion.

  • Delivery of database error reports to the administrator by email or SMS
Just by taking few necessary precautions, you can avoid the security breaches and give your customers a safe mode of online payment.



Online Credit Card Processing

Source:

http://www.paynetsystems.com/credit-card-processing

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