The e-commerce industry has passed another milestone. E-commerce sites are now preferred over brick-and-mortar stores as the place for fraudsters to illegally acquire payment card information. It`s more important now than ever to protect yourself from scams and keep your personal information private, and Payza can help.
The latest annual Global Security Report from information security firm Trustwave shows that, for the first time, theft of payment card information is more prevalent online then at Point-of-Service (POS) terminals. What’s worse – the primary target is retail.
Most people who have their payment card information stolen do so while purchasing something. This is because many online shoppers still use their credit cards to make purchases, therefore giving their personal information to any and all online business that they shop from and making themselves vulnerable to fraudsters.
Protect your Customers from Scammers
It’s important for online retail outlets to do what they can to protect their customers, because people won’t shop from you if they don’t feel safe. At a time when cybercrime is on the rise, e-commerce businesses should be regularly evaluating and re-evaluating what they are doing to keep their customers secure.
“All developers, particularly in the e-commerce industry,” said Robert J. McCullen, chairman, CEO and president of Trustwave, in the report, “should implement a full lifecycle security plan that includes thoroughly educating themselves and their employees, equipping themselves with the best tools to protect themselves against attacks and making sure they are using the most reliable resources for zero day detection.”
Protect Yourself from Scammers
The best way for online shoppers to protect themselves is to use an online payment platform such as Payza. When you use Payza, you can keep shopping without exposing your personal information. Safeguarding yourself in this way is more important now than ever.
You can shop online using your e-wallet or using the prepaid card. With the Payza prepaid card, you can make purchases wherever Visa is accepted without giving away your credit card information.
We have received a lot of recognition recently about how our payment platform and prepaid card are both outstanding and secure, so you can feel confident that we are the answer if you’re looking for a way to keep shopping online risk-free.
For more tips about online security, visit our Security Center.
For more information about the benefits of prepaid cards, see 5 Ways Prepaid Cards can Limit Debt and Over-Spending.