Secure payment processing is vital for ensuring customers can shop safely on your app. Cyberattacks become more frequent each year, with a particular emphasis on stealing financial information. Luckily, you can implement a few best practices to simplify security and protect your clients’ data.
1. Use Multifactor Authentication
Multifactor authentication (MFA) is one of the top methods for securing payment systems today. It involves verifying the customer’s identity using a secondary confirmation method. For example, people can verify a legitimate payment attempt by entering a one-time code sent to their verified phone number.
This article has been indexed from DZone Security Zone