Safety Tips for Users Using Payment Gateway in India for Online Transactions

Without a doubt, online transfers through payment gateway in India have made life easier than ever before. However, to ensure that the information is safe, you must adhere to the best security practices.

If more consumers use online financial transactions, the risk of being defrauded increases year after year. The irony is that online scams are as common as robberies, owing to poor customer behavior and sophisticated online fraudsters. The pandemic has just exacerbated the situation. It is crucial that your data is kept safe.

Keep these tips in mind to ensure a safe and stable online transaction experience.

Use Firewalls and Antivirus

Firewalls serve as gateways between a device and the internet. It tracks incoming and outgoing traffic (credit/debit card records, SSN) to decide which should be enabled and which should be blocked. The first line of defense against offline and web attacks is antivirus software. It searches the computer, finds, and extracts unwanted applications such as trojans, worms, spyware, spam, and viruses. An antivirus program will help keep your computer secure, but a firewall will improve its security.

Use a Private Browser/VPN

Private browsing tools are integrated into all of the main browsers. This allows you to keep your search history, browser history, and local data such as cookies private. It does not, however, prevent the information from being exchanged with your Internet Service Provider (ISP).

Meanwhile, a VPN, or Virtual Private Network, encrypts your internet traffic and online identity, making it more difficult for third parties to hack in and steal your information.

Clear Your Web Browser’s Cache/Cookies

Your browser collects or caches such files when you search the web in order to ease up your surfing experience. When you change information on a website or customize domain settings, the browser's local cache and cookies can interfere. Web developers make changes to the website in order to implement a modification or add a new product. You can encounter browser errors such as run-time errors, missed buttons on the screen, inability to save the timesheet, the action performed does not react correctly, and so on. These problems can be resolved by clearing the browser's cookies and cache.

Check Digital Certificates of Security

Banks have begun to use the feature of a digital signature certificate to validate the identity of the customer while transacting electronically through online payment gateway solutions in India, such as paying bills or exchanging money through an unsecured network. The SMS or OTP authentication scheme protects online transactions by preventing cheating or theft.

Customers should use the Digital Signature Certificate to ensure the safety, security, and encryption of their online financial transactions through payment gateway in India. You must register your digital signature with your bank's branch here. It will be associated with your account.

To avoid cyber fraud, you should be aware of these information security tips

When visiting a website, software, or social media network, often confirm Transport Layer Security (TLS) or Secure Socket Layer (SSL). It is a common technology that safeguards confidential data transmitted between two networks.

Use Virtual Keyboard

Surprisingly, hackers can figure out your password by recording your keystrokes on the keypad. You can unintentionally download spyware and trojan programs from free MP3/MP4 files, which can record your keystrokes. To stop such frauds, banks have implemented the idea of virtual keyboards to encrypt your account, card details, or password (IPINs). As a result, since there is a chance of intrusion from any spyware, always enter sensitive information using the on-screen keyboard.

Ensure Card Security Features

Most credit and debit cards have a signature panel, an expiration date, a magnetic stripe, and a specific account number. Be sure to sign your name on the back of your card. Keep the three-digit code known as the CVV in mind (Card Verification Value).

To encrypt every transaction, upgrade your magnetic stripe card to a chip card. Check that the card has a holograph that is exclusive to the card's issuing authority. You may also ask the issuing bank to have your picture on the card. In addition to the methods described above, some card vendors include a virtual credit card number to deter fraud and identity theft.

Don’t Save Cards/Passwords

Most consumers save their credit card information on retailer websites to save time and effort for future purchases. To keep your data safe, you must resist this temptation. Another important factor to remember is password security when doing online transactions. If you do a lot of online shopping, create a good password and update it every six months. Furthermore, it would be preferable if you did not fall prey to someone requesting your login or PIN.

Use UPI Safely

The RBI launched the UPI (Unified Payments Interface) in April 2016, which has proven to be a boon for merchant payments and peer-to-peer transactions through payment gateway solutions in India. Customers who do not understand the distinction between collect and payment requests are a common mistake on the UPI website.

Keep in mind that you do not need to insert your PIN when obtaining money via UPI. You can also look at the transaction form, which determines whether funds are to be collected or delivered. If in question, deny the transaction and avoid installing malicious software.

By following the steps outlined above, you will ensure that your online purchases, whether for shopping or paying bills, are safe and stable. This way, you can shield yourself from cyber fraud and identity theft.