We are living in a digital world, where everything from education to shopping has largely gone online. In recent times, our reliance on the web has grown exponentially, meaning it’s more important than ever to perform safe practices. But is online shopping really that safe? In this Macropay review, learn all about APM’s and transacting online safely.
Safest Online Payment Methods
The need for safe online payment methods has grown in recent times. Exposing your personal or financial details online can leave you vulnerable to scams or theft. Thus, securing access to online local payment methods is crucial.
It is challenging to ensure that you are always 100% safe while spending money virtually. Even when you’re using a reputable business or a business you trust, sites aren’t always well protected against hackers. When it comes to your money, having the knowledge in order to make informed decisions is important. We have compiled the safest alternative payment methods to help you decide next time you need to transact online.
Debit or Credit Cards
It is generally safe for customers to enter card details online with a site they trust. Though it is not totally risk-free, online shopping is a firmly established practice, and most people can spot an obvious scam. However, it is still essential to remain vigilant. Individuals should never enter their card details if they’re not using a trusted site. On top of this, limiting the number of sites that have saved your credentials is always a good idea. This will hinder impulse buying and reduce the risk of being randomly targeted by theft or fraud.
PayPal
If you are wanting to eliminate the risks of card fraud, a great and safe alternative payment method is PayPal. Paypal reduces the number of people you share your details with, and instead of customers giving their details to merchants, PayPal manages the transaction and keeps the customers’ information private. It is widely known for being one of the most secure alternative payment methods.
Giropay
Giropay is a very popular online local payment method in Germany. Introduced in 2006, it allows customers to make transactions online using online banking. Funds are debited directly from their bank account. Moreover, depending on the bank, customers confirm payments using a PIN or a second factor of authentication. Giropay accounts for 10% of online checkouts in Germany.
Bancontact
Bancontact is the most popular card and online local payment method in Belgium. Formerly known as Mister Cash, every Belgian bank account holder is eligible for a Bancontact card. Customers can use a Bancontact card or the mobile app connected to a Belgian bank account to make online transactions that are guaranteed, secure, and confirmed immediately.
EPS
EPS (electronic payment standard) is an Austria-based online transfer system that allows customers to complete payments online using their bank credentials. Jointly developed by Austrian banks and the Government, it is accepted by over 80% of Austrian online retailers and provides a straightforward and secure online payments process.
Macropay Can Help Improve Your Online Safety
Macropay can give you access to a number of safe and reliable alternative payment methods for your business. They can provide you with the most appropriate payment solution and are well versed in the markets of multiple regions and industries.
In addition, they ensure that you are always legally compliant and able to offer your customers the safest options to make online payments. Contact Macropay today at support@macropay.net.