Secure Online Payment Platform

Secure Online Payment Platform

If you choose an online payment platform, it is essential to check its security & privacy policies; their priority should be to protect their users from credit card fraud and data breaches.

Please do not choose to fast an online payment platform; ask them first what they did to make sure their online payment platform is secure.

What is a Secure Online Payment Platform?

There is no easy or accurate answer to tell you what a secure online payment platform is. The web continues evolving, and with many new payment solutions, it is essential to choose an online payment platform that follows these recent trends to stay up-to-date with the latest security and online payment technologies.

At least an online payment platform should have these features to be secure:

  1. PCI DSS compliant

With PCI DSS, no sensitive card data is stored when making a payment online. Also important to use a PCI Level 1 Service Provider like Stripe or PayPal.

  1. Fully GDPR compliant

In April 2016, the GDPR (General Data Protection Regulation) was passed true the European Parliament, and every organization that does business in the EU (like an online payment platform) must be GDPR compliant. This means they always give insights into customers’ data and the right to be forgotten.

  1. CSRF Protection

CSRF stands for Cross-site request forgery and is a security vulnerability that allows attackers to gain full access to someone else user account. Luckily there is a simple solution when web applications use a CSRF token, they can prevent CSRF attacks and keep their users secure.

  1. 3D Secure Payments

For extra fraud protection, it is recommended that your online payment platform uses a 3D Secure authentication method to verify a customer’s identity before an online card purchase. This will make online payments more secure and will reduce credit card fraud.

  1. Secure Data Encryption

Most importantly, an online payment platform data is always encrypted with the industry-standard AES (alias Rijndael) encryption algorithm using a 256-bit key to protect payment data.

  1. Reliable Infrastructure

Last but not least, it is optional that the online payment platform is secure and uses a cloud infrastructure. DigitalOcean, Google Cloud, Microsoft Azure, and Amazon AWS are good cloud providers.

What are the most Secure Online Payment Platforms?

There are many secure online payment platforms. We have compared four online payment platforms, which we know the best, to give you more information about specific payment platforms.

PayRequest

Founded in 2019 as a Stripe, PayPal, and Mollie Partner, we know the largest secure online payment platforms and combine them to offer the safest payment solutions for your business.

Stripe

Stripe is the world’s largest secure online platform, with many large businesses and startups as clients. Stripe is the #1 payment provider in the world.

PayPal

PayPal is the largest e-wallet payment platform in the world, making it very easy to send money to someone from the other side of the world. With many years of experience, they have developed innovative anti-fraud tools to protect their users and guarantee secure online payment.

Mollie

Mollie is the largest online payment platform in The Netherlands and has a good reputation for secure online payments. Thanks to rigorous security checks, safe data storage, employee screenings, and compliance.

Advice needed to find a secure online payment platform?

You can always contact PayRequest for more information about our Secure Online Payment Platform.

We have partnered with the leading secure payment platform industry and helped you set up a secure online payment experience for your users.

Read here more about our security: https://payrequest.io/security/.