Online transaction is a process of making a payment for a service or product to the actual delivery of the same. Online transaction processing is a very key part of any online business. It is an electronic ledger of all the business transactions carried out by the online merchant account.
Online Transaction Processing has two key benefits: simplicity and efficiency. Online E-Commerce is growing rapidly, and with that is the growing opportunity for fraud and scams. As Internet users, it is our responsibility to take some precautions that will make our online transactions safer.
One area we need to take responsibility for is protecting our online payment information.
- Only make transactions on sites that display a security icon on your browser and ensure that the "http" in your browser's address bar has changed to "https" to indicate a secure transaction. It provides very secure payment methods for their products and services.
- Do not make online transactions using public computers. Public computers might have "keyloggers" (programs that log keystrokes) and other spyware to retrieve sensitive information.
- When making transactions from your personal computer, ensure that you have the basic security measures up-to-date.
- Never Click Links in an Email: Always attempt to make transactions on the actual website. Do not attempt any purchases via links in emails. Those emails might be frauds.
- Avoid Spam Messages: Artificial scamming messages come in many forms . For example: “Your account is going to be deleted if you don't log in right away”, “ We have seen unusual activity on your account and it has been suspended” and so on. Never click on any of the links in an email that looks like it comes from PayPal and never reply to these mails.
- If you are really feeling vulnerable, call the support desk and immediately report the incident to a support specialist.
- Before giving any sensitive details (e.g. credit card numbers), call up the vendor in order to check their authenticity. At the minimum, interact with the vendor via email, find out specific details of your purchase, and how you are going to purchase it.
- Always keep a printout of the receipt which is provided at the end of transactions. Match these receipts with your credit card statement to ensure that the correct amount has been credited.
For more details about E-Commerce Consulting and Payment Gateway options please feel free to contact Prevaj Consultants at prevaj@prevajconsultants.com or call +91-8144760745.
