Secure E Commerce Payment Solutions

Purchase of goods and services online has become very common today's world. For the purchase of goods and services online requires a customer to have a credit card or a bank loan.

However, the growing cybercrime has left many people apprehensive to give credit card information. E-commerce has grown significantly in recent years and with the enhancement of technology, now it has become convenient and safe for customers to purchase goods and services.

For secure transactions, secure payment system has been developed in which financial transactions made on the Internet is guaranteed to be secure and confidential. For a company that sells goods or services online, this application becomes essential to keep customers coming back for more purchases because they think it is safe for transactions with the company.

This type of e-commerce technology is known as SET or Secure Electronic Transaction. It uses the encryption process the information obtained from customers and shop online.

When a customer makes a purchase, the Secure Electronic Transaction or SET authenticates the card against the information provided by the customer. The online merchant after receiving customer information, send order details to the bank. Transaction takes place between the bank and the merchant to approve the purchase. When the purchase is approved, the bank digitally sign and provide authentication to the merchant to process your order.

This type of e-commerce has made on-line financial transactions safe and gave customers a peace of mind when shopping online .......