1. SSL for secure connections
All transactions in our web site https://myecomart.com is secured with the SSL protocol. Using SSL helps to encrypt the information so that customer card details and all other sensitive data are protected. It improves payment security. The SSL is symbolized by a padlock icon in the address bar, and the web address begins with HTTPS.
2. PCI certificate
When we process payments on our website (https://myecomart.com), the Payment Card Industry Data Security Standards (PCI DSS) provide guidelines for merchants that tell them what they need to do to secure sensitive data in payment processing.
3. Tokenization
Our payment gateway partners using “Tokenization”, It replaces sensitive data with a randomly generated string of characters, so it reduces the risk associated with data breach.
One of the best protection methods is using a token that represents a real credit/debit card number. When the transaction is authorized, the data are sent to a centralized server and stored securely. At the same time a merchant’s system receives a unique number.
Then the token can be used as a substitute for the card data, e.g. with one-click payments on the customer’s future transaction. Choosing a payment gateway with tokenization can minimize the risk of payment fraud. This means that we don’t have to store your customers’ credit and debit card data on our server. When choosing the right payment solution, the cardholders’ data don’t even touch our servers.
More importantly, they’re encrypted before they are ever stored on database servers. Reliable payment processors run infrastructure for storing and decrypting card numbers in a separate hosting environment that is not connected to their primary services.
4. 3D Secure authentication
3D Secure (Three Domain Secure) is a messaging protocol that involves three domains: bank, technology that processes the transaction, and the issuing bank. It is an additional security layer that helps with fraud prevention for card-not-present transactions.
Plus, the liability on every transaction that is successfully verified is shifted from a merchant to the issuing bank. So when our customer wants to buy something, they need to confirm the transaction with a generated password (or it can be a one-time PIN sent from their bank by an SMS) in order to add extra protection.
5. Anti-fraud tools
Every transaction is (automatically or manually) scanned and monitored with fraud prevention tools, so it’s easier to prevent and eliminate all suspected fraudulent activities. Merchants should remember that a single tool is not enough to defend their businesses.
They need a multilevel approach that comes with higher protection. Moreover, when you seek a payment gateway, choose one with great customer support. It’s immensely important for your business because you need to be sure that you can easily contact the payment provider for troubleshooting, and that all your issues will be addressed.
