We do a lot of activities online with our money these days. From making transfers, banking to budget tracking. This also requires that we give out our personal and sensitive details out to third parties to complete these transactions online. Hence, it is no surprise that people are getting conscious of their privacy and security as well as how to protect their money online. We will talk a little more about this through the 10 safest methods to make payments online.
How Payment Gateways work
Payment gateways enable individual to make transactions with other individuals or entities on both domestic and international markets to using mobile apps and websites. They are platforms that enable connections to be made between the consumer’s bank and the merchant.
Always apply caution when shopping online, especially on open networks like the Wi-Fi in cafes and airports. It is quite easy for fraudsters to access the information you are transmitting. Therefore, it is always better to be on a secured network instead. Scrutinize all special offers and do not be tempted to make impulse purchases. In situations where you are uncertain about a product always check your reviews.
Use Websites That Have Active Customer Service
It is paramount that you avoid websites with a poorly designed user interface and bad user experience or that have multiple pop-up windows. It is better to stay safe and stick to sites that help you spend securely with payment systems like Neteller and Skrill.
Always Verify the Legitimacy of Online Sites
Gaming and sports have become a way of life that brings pleasure and relation to all. But it has transitioned from just a leisure activity to a way of gaining financial stability. And the transition has affected the movement of physical games to online games like casinos amongst others. Therefore, it is always better to do extensive research like verifying the legitimacy of online casinos via forums or by using a reliable casino comparison website such as this example.
You will also want to ensure that you understand all the resident country laws related to the online casino sites and the country it originates from, as well as the one you are playing from.
The top 10 Safest Methods to Make Payments Online
No matter what you want to do online with money you need a reliable, safe, and user-friendly payment solution. It is understandable that it is hard to find online payment solutions that are secure and consistent. Don’t worry, that is why this article was made just for you. Here are the top 10 best online payment solutions that you will be glad to use, in no particular order.
Muchbettter allows you to deposit and cash out securely on any online gaming brand with the lowest gaming e-wallet fees in the world. It is protected with device pairing, touch ID, dynamic security codes, and a transaction review site that ensures only legitimate transactions go through.
This online system combines Android Pay and Google Wallet while using near-field communication to transmit card information. It is similar to contactless payments. Users can enter information manually by taking a photo of their debit/credit card.
PayPal operates on a global basis and is one of the established e-commerce payments that support online transfers. It serves as a payment processor for online vendors and offers multiple debit and credit cards connections. PayPal also allows transactions without requiring not giving away any financial information. It is secure and flexible.
Paytm is one of the largest digital and e-wallet payment solutions in India with over 200 million users daily. It has a record of seamlessly aiding purchases and other transactions. The app can be easily downloaded and connected to bank accounts either debit or credit.
Skill, previously known as Moneybookers, is an e-commerce platform that enables its users to make payments and via the internet. It is flexible as it allows customers to open an account in one of its 40 supported currencies. Users with high turnover are offered a premium membership account that comes with benefits like a multi-currency account, security token, and loyalty-based points.
Astropay gives out prepaid virtual cards that are accepted at various online stores linked with AstroPay. This payment solution allows users to make easy secure instant money transfers and deposits online.
Neteller offers e-commerce money transfer services for merchants and online retailers. It serves as a verified payment platform for online sports betting and gambling companies.
PhonePe has over five million online and offline Indian merchants and is available in eleven local languages. Customers can link the app to their accounts because PhonePe is directly linked to the UPI platform.
Bharat Interface for Money also known as BHIM is another payment solution that uses United Payments Interface (UPI). It is developed by the National Payment Corporation of India (NPCI).
You can effectively reach out to Amazon users with the payment method. It is also easy to set up and is optimized for both mobile and voice search. Amazon Pay allows you to access thousands of sites with one account. It also allows you to charge your customers if you are using it for business and refunds for expenditures.
We have examined the safest and secured ways and method to make payment online. The choice is up to you!