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5 Ways To Check And Proceed With A Secure Online Payment

Using the internet to make payments to utility, phone, credit card, insurance, and other companies saves considerable time and effort. It is also a simple and convenient way to contribute to charity either directly or by sponsoring participants in money-raising activities. There are, however, risks associated with online payments and you need to take care when making them. They carry the small risk of thieves stealing your payment information, but you can reduce the risk of unauthorised charges by using the best payment method for each situation. ​

To some degree, you can rely on technology to protect yourself. Your financial details typically are encrypted, but even when you do everything right, there’s a chance of a data breach or intercepted traffic. Common payments choices online include credit cards, debit cards, or payment services like CloudBanking. Depending on your concerns, one of those choices might be better than another. ​

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Here Are 5 Tips for Paying Safely ​

  • Use credit card details for payment​

Credit cards are among the best online payment options because the Fair Credit Billing Act limits your liability in the event of fraudulent charges or mistakes. You will have zero liability if you report a card lost or stolen before it is used fraudulently or if only the numbers and not the actual card are stolen. ​

Additionally, many credit cards offer fraud protection and other security features that wipe out the $50 of liability allowable under the FCBA. Consider keeping a virtual credit card that you use only online. You can keep a closer eye on that account, and you won’t suffer the inconvenience of updating your monthly billers if you have to ditch that card number. CloudBanking offers virtual card numbers that can be used for online purchases, protecting your actual card number. ​

  • Pay with your smartphone. ​

Even just carrying a wallet can be annoying, at a time when everyone wants to be as light as possible. But with just your mobile phone payment app, you can pay for that drink at any cafe without having to carry around any cash or cards. In this sense, shops needs to offer customers a wide range of payment methods to avoid losing sales. The number of payment options is becoming larger and larger, and each person has their preferred method. For this reason, CloudBanking Payment Gateway provides various payment methods, allowing businesses to cater to the needs of each client. ​

  • Make payments through trusted websites. ​

Normally, when shopping, customers try to find the lowest possible price. Despite this, it is important to be cautious, especially with huge offers that seem too good to be true. Most of the time, when we see a price that is much lower than other websites, we become suspicious. This doesn’t mean that these offers are always fraudulent, but we should trust our instincts and try to seek a second opinion when deciding whether we are dealing with a scam or not. In this sense, tokenisation, which is always implemented by CloudBanking Payment Gateway in the payment process for customers. Thanks to its security system, the cyber-criminals can only ever steal the token, but this information will be of no use to them. ​

  • Public Wi-Fi ​

One of the easiest ways for thieves to steal information is by hacking public Wi-Fi hotspots, so it’s generally a good idea to avoid making any online payments from your local coffee shop or shopping mall Wi-Fi. If you must use a public Wi-Fi connection, make sure the website you are visiting is fully encrypted. The easiest way to tell is to make sure every page on the site has a URL that begins with “https” as opposed to “http.” ​

Also, avoid using mobile apps that are connected through public Wi-Fi hotspots because it’s more difficult to be sure that they are secure. ​

  • Be Conscious​

If you ever become a victim of card theft or duplication, the first thing that you should do is notify your bank to try to stop any transactions that the criminal may attempt. CloudBanking Payment Gateway advises that you report to the relevant authorities with a complaint. ​

Typically, when a fraudulent payment is made with your card, you will receive a full refund, but this process can be slow. Following these steps can mark the difference between avoiding this type of difficult situation. ​

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ACCOUNTING SERVICES

Run fast, accurate, and automated accounting processes through Cloud Banking’s white label portal for accountants. Simply ask your customers to log on to your dashboard so you can download all their statements and reports—making it easier for you to do their taxes. Likewise, you can make sure that our platform can help you streamline everything from financial consolidation to compliance reporting and audits.

 

Our innovative payment solutions can easily be integrated into your existing accounting, invoicing, and billing software so you can get paid faster and more secure. Interested? Start by talking to one of our business specialists today.

HIGH RISK

Are you in the high-risk vertical market? Getting tired of looking for a reliable payment solution for high-risk industry? Don’t worry! CloudBanking got you covered.

We understand that banks and low-risk providers may instantly turn down merchant accounts who they deem industries with a history of high chargebacks, irregular high ticket sales, or that are highly regulated. Thus, finding a high-risk payment processing solution that keeps high-risk businesses running efficiently might be a daunting, frustrating process. This is all the more true for the CBD oil industry. However, CloudBanking understands that your business model works for you. We believe in your business’ desire to help the community and we’re committed to providing top-rated services.

Thus, we go the extra mile to ensure your business’ security and efficient cash flow. We provide tailored solutions and features because we understand your unique needs. You can now offer your customers a smooth and seamless journey with our innovative payment solution for high-risk industry.

HEALTH AND WELLNESS

Focus on what matters most to your business—your customers. And allow CloudBanking to take care of your payments. Our payment solution for health and wellness industry will be your trusted partner in improving your customer experience. With our innovative platform engineered to accept all kinds of payments and provide the security you need; we can guarantee you streamlined business operation.

 

In the ever-changing global marketplace, make your business at the forefront of innovation to give your customers the best customer experience. Trust that our payment solution for health and wellness is here to help you meet your customers’ expectations while improving your cash flow. Contact us today to experience the difference.

FIELD SERVICES

Are you one of the small or mid-sized businesses in the field service industry having trouble collecting payments? And are you tired of all the waiting and hassles? Then, it’s time for you to adopt a phone- and cloud-based payment solution for field services that will improve your cash flow and accuracy. Allow your field services staff to accept payment on-site so they can focus on the next job.

 

Level up in the game field by offering a cutting-edge payment solution for field services that will assist you in meeting your needs and improving your bottom line. Contact us to know how we can be your trusted partner in getting paid faster and secure.

RETAIL

The retail environment has evolved rapidly in the past years. To keep with the pace and increase your bottom line, you need to integrate a platform providing a full suite of card payment systems that fully satisfies the needs of you and your customers. CloudBanking’s payment solution for retail industry is here to help you stay in the game and be more competitive.

 

Powered with the latest technology, our credit card processing solutions allow retailers to accept any form of card payments such as credit cards, debit cards, and EMV-compliant cards. Our payment solution for retail industry can help you effortlessly manage your point-of-sale transactions while you boost your retail sales.

PROFESSIONAL

CloudBanking offers a customized payment solution for professional services companies, such as law firms, insurance agencies, and accounting firms. Our platform is designed to provide you a safe, convenient, and secure way to accept your service fees and lessen the administrative cost related to payment processing.

 

We understand that your business’ payment processing needs are unique. So you can’t just rely on any payment processing platform to manage your cash flow. You need a trusted partner to receive payments fast, secure, and easy. Enjoy this hassle-free process when you integrate our payment solution for the professional services industry.