Has fiction finally surpassed reality? As it seems, it is the case, and online payments are finally safer than offline.
After all, we are becoming a more globalized and digital world, so many saw this coming. We will review the reasons on why it is safer and how the modern online payment solutions are a must-have for businesses nowadays.
All Thanks to Technology
The great interest in developing better technology for this crucial aspect of online commerce has brought up this result.
There are many competitors in the payments gateway industry, and therefore, solid solutions have emerged as Allied Wallet, one of the most trusted services nowadays.
This huge interest in e-commerce and the technological advancement behind it have made it possible for online payments to become much safer than offline.
Offline Is Not As Safe As You Think
There are HUGE security vulnerabilities in offline payment systems. The fact that several companies still rely on outdated software to store your precious financial information, is more than enough to raise awareness about this latent danger.
For instance, let’s check some quick facts:
- Hackers stole private information from over 70 million Target’s customers
- Home Depot’s payment terminals were attacked in a five-month attack, which compromised 1.1 million credit cards
This should be more than enough to prove that offline payments are not as safe as you believe. To the contrary, the problem of old software and these worrying security breaches, make it evident that this once-believed superiority of offline over online is now outdated.
There is always risk in everything we do, and that includes at the hour of paying, be it offline with cash or a debit or credit card, or online. However, the online payment solutions have evolves significantly, and have become much safer consequently.