Online shopping has become a normal part of most people’s day, but are some types of online payments more secure than others for your business?

Credit cards: For most businesses, credit cards provide a level of protection because PCI Compliance requires it.

Debit cards: Business owners can also relax when accepting debit card payments since they are regulated under PCI compliance. Customers often benefit from debit card purchases as well. Unfamiliar purchases or IP addresses can trigger verification measures, making the transaction less likely to be fraudulent.

Mobile Wallets:  While they are often used for convenience, apps including Apple Pay, Google Pay, Venmo and Paypal are often considered the most secure online payment options. Business owners are protected since customers much use a face or finger print or a PIN to verify the purchase. Customers do not share their card information with the business, safeguarding the transaction further.

Confused about your business’s obligations for credit card security? Want to learn how you can further protect your business and customers? Contact Hometown Payment Solutions today for a free consultation.