We are seeing a sharp hike in number of users who are using online payment option for making their purchase successful. Due to this great hike there are more chances of payment fraud which can happen at the time of online payment.
So, there are some steps which can be helpful for online retailers to use in their online shopping platform, and save the consumer's money and data from online shopping fraud
1. Use Security Codes: Merchant should provide an option for customers to provide their CVV number, so that only authenticate user can make the payment.
2. Profile creation for Customer: Option for customer to make his/her profile with all necessary information , before doing any check out for their shopping
3. Provide security Question: Option of security question should be there, so that only authenticate user can provide the answer and make the payment success.
Chetu Inc. is a software development company, delivers world class payment data security and fraud protection software development services, to the retailers and merchants throughout the world.
So, there are some steps which can be helpful for online retailers to use in their online shopping platform, and save the consumer's money and data from online shopping fraud
1. Use Security Codes: Merchant should provide an option for customers to provide their CVV number, so that only authenticate user can make the payment.
2. Profile creation for Customer: Option for customer to make his/her profile with all necessary information , before doing any check out for their shopping
3. Provide security Question: Option of security question should be there, so that only authenticate user can provide the answer and make the payment success.
Chetu Inc. is a software development company, delivers world class payment data security and fraud protection software development services, to the retailers and merchants throughout the world.
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