How You Can Secure An Ecommerce Website Payment Gateway?

How You Can Secure An Ecommerce Website Payment Gateway

Estimated reading time: 6 minutes, 43 seconds

The eCommerce industry is booming; everybody prefers ordering things online rather than paying a visit to the store. But the thing which is still a concern among most consumers and buyers is the safety offered by eCommerce solutions when collecting money from customers.

Many incidents have been reported where a security breach has occurred in the eCommerce store. That’s why merchants prefer a secure eCommerce website payment gateway. If that’s the thing troubling you, then you are definitely at the right place.

Here we have compiled a comprehensive guide on using a secure eCommerce website payment gateway. But before moving forward. Let's take a look at insight.

Cash is now a gone game; whether purchasing things online or offline, most people prefer to make an online payment. There have been various reports stating the latest trends of UK retails influencing the eCommerce market. According to one of the reports, 80% of the transactions in 2022 were made via an online payment gateway rather than cash. It has been forecasted that by 2025, online marketing will increase by 15%.

The reason for the same is carrying a wallet or cash seems like a task to a user when they have the flexibility to do all the things using a magic wand in their hand, i.e. smartphone. Considering all this, it is true to say that a reliable payment gateway is the future of eCommerce.

Whether you sell furniture online or run an eCommerce fashion industry, having a secure eCommerce website payment gateway is a requirement.

What is an eCommerce Payment Gateway?

An eCommerce payment gateway is a payment processing system that allows store owners to collect money from customers. It acts as a middleman between store owners and customers. The payment gateway consists of various payment modes such as credit cards, debit cards, UPI, QR codes, etc., allowing customers to pay according to their convenience. Not just this, it takes only seconds for the whole process to complete, which is comparatively fast.

Using a payment gateway, one can quickly transfer money to others irrespective of the geographical location. But security is one of the top concerns among merchant owners.

Why Does Your eCommerce Website Need to be Secure?

Now comes the million-pound question: why do eCommerce websites need to be secure? So to answer this question honestly, would you like to buy things from an online store where you don't feel safe or secure, or if you have heard about stealing activities from there? You won't; the same applies to online stores. If the customers don't feel they belong or are safe when browsing your online store, they won't shop from you.

This is one of the overlooked factors. Most newbie store owners invest lavishly in eCommerce solutions like Adobe Commerce, BigCommerce, etc., without paying attention to the security features. All these mentioned solutions are great with top-notch security features. Still, to make use of it to the full extent, it's best to hire an eCommerce Website Development company that helps you create a secure eCommerce store.

Benefits of Secure eCommerce Website Payment

There are several benefits associated with the secure eCommerce website payment gateway; some of them are listed below:

Benefits of Secure eCommerce Website Payment

1. PCI DSS Complaint

The very benefit eCommerce store owners get while employing a secure payment gateway is PCI DSS compliant. This is the highest form of security and is necessary for store owners who accept customer transactions. However, some necessities need to be fulfilled to get a PCI-DSS complaint, such as an SSL certificate, network firewalls, etc.

2. Data Encryption

An eCommerce store is nothing without data; it is the core of the business. But with data comes higher responsibility since there have been cases of data stealing. But when you use a secure website payment gateway, you will be assured that there won't be any data theft and breach incidents. All transactions via the payment gateway are encrypted, making it reliable and secure.

3. Malware Protection

Another benefit merchants get when they use a secure eCommerce website payment gateway is protection from viruses and malware. The payment gateway architecture is solid and prevents the store from any attacks. If there is any security breach or they find the customer activity fishy, it sends a reminder to the store owner and stops the transaction in between.

4. Authentication

Proper authentication and authorization are essential for eCommerce store owners. Since all; this store contains crucial information about customers, so without proper authentication, customers won't feel safe while entering the payment details. 2-step authorization via OTP or password is necessary, and a secure payment gateway ensures that.

5. Regular Security Upgrades

Lastly, a secure eCommerce website payment gateway offers users regular maintenance and security upgrades. That will secure the entire website system by filling all small loops in the security system and protecting the entire website from any type of cyber theft. This way, regular security updates benefit eCommerce security.

How Can You Secure Your eCommerce Website?

Running an eCommerce business is not easy. One must follow various strategies, such as proper SEO, employing a good payment gateway, etc to succeed. Further, if you want to learn about SEO, then follow this eCommerce SEO guide to assist you with best eCommerce store practice. Some of the ways to secure your store are:

How Can You Secure Your eCommerce Website

1. Regular Website Update

The very thing website owners need to do is update their website regularly. Hackers these days are significantly updated about things or trends, so if you are still relying on old ways and not updating your store, then you are offering your website to them on a silver platter. For instance, headless eCommerce is very popular these days, so regular website updates are necessary. You can hire a reputed eCommerce website development agency for the same if you find the task overwhelming.

2. Using HTTPS

If you are still using HTTP over HTTPS, you won't get serious attraction on your website since even customers today know that "s" in HTTPS stands for security. So to have HTTPS, you need to have an SSL certificate. So when the website owner clicks on the site and sees the lock feature, they will know the website is secure. Not just this, when Google acknowledges that you have this certification, it will offer you a better SERP position, increasing the number of users and consumers using the service.

3. Opt for Good Web Hosting

The third thing necessary for a secure website is a good web hosting service. So it is best to choose the best website hosting service. The hosting service you are going with should have a 99.9% uptime minimum. Further, an excellent hosting service allows you to manage cloud hosting platforms, which enables extra protection for merchants.

4. Conduct Vulnerability and Security Tests

The next thing one needs to pay attention to is conducting regular vulnerability and security tests. You will remain on top of any exposure and risk by doing Quality Assurance and Digital Testing.

5. Get CDN

A content delivery network or CDN is necessary when running an online store. The reason is when there is any suspicious activity or malicious attack. This CDN will save copies of all the content on your website, which helps identify the malware and take the necessary steps to prevent attacks.

6. Use Machine Learning Tools

Lastly, to secure your website, it is necessary to employ machine learning tools. Machine learning techniques integrate thousands of harmless variables to identify the attack to find the correlations that denote theft. These tools help in identifying characteristics utilised to identify individuals who commit fraud across various websites. Based on that, store owners take necessary action against such individuals by blocklisting them.

Conclusion

That's all! Now you know all about the role of a secure eCommerce payment gateway. An online store is a massive failure if it doesn't offer security. Customers won't buy anything if the website doesn't have a secure payment gateway. Considering this, it is necessary to have a suitable payment gateway. However, installing a payment gateway on a website can be challenging for newbies so you can get help from an eCommerce development agency. One such agency is RVS Media, which offers top-notch development and maintenance services in the UK.

So don't dwell in confusion anymore; reach out to us now.

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