Developments in the fintech
industry mean that more consumers are able to pay online easily. This is much
needed in times like these since e-commerce
has considerably grown. Nonetheless, to maximise on these advancements,
merchants should focus on cybersecurity. This is because when a customer
visits an e-shopping website, he/she expects that the payment services on offer
are safe, failing which, he/she might abandon the buying process. One example
of a security feature that retailers can look into is the ‘two-factor
authentication’ method.
Merchants should offer secure payment services © Royalty-free image
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