Payment Security

Payment security refers to the measures and protocols put in place to protect sensitive financial information during online transactions. It involves the use of encryption, authentication, and other security technologies to ensure that payment data is securely transmitted and stored. Payment security is crucial in preventing unauthorized access, fraud, and identity theft, providing customers with peace of mind when making online payments. Merchants and financial institutions implement various security measures, such as tokenization and two-factor authentication, to safeguard payment information and maintain the integrity of the payment process.