5 Online Payment Methods That Are Safe and Secure

We are living in an almost fully digital world. Everything, from shopping to education has largely gone online. This reliance on digital systems has increased during the pandemic. But is online shopping really safe? Using a verified ACH for business transactions is certainly one of the safest options, one which provides added security and peace of mind for both buyers and sellers. If you are looking for ways to make a secure online payment, you’re at the right place. From the complexities of online purchasing to the methods used by no deposit bonus slots to keep customers safe, we look at the 5 safest online payment methods.

Why Do We Love Spending Money Online?

There are tons of things to love about online shopping. One of the many online payment advantages of online shopping is that you can buy just by touching a button. In fact, many online shops no longer require PINs or identity verification. Instead, companies can save your card details online and allow you to purchase with one click.

Are Common Online Payment Methods Safe?

It’s safe if you’re using reputable businesses. But if not exposing personal or financial details online can leave you vulnerable to scams or theft. Even if you’re using a business that you know and trust, sites aren’t always well protected against hackers. If a site is targeted by a cyberattack, your stored details could be in danger. This is one of the major online payment disadvantages that makes it difficult to ensure that you are 100% safe spending money virtually.

Safety is an even bigger concern for business payments. Apart from the industry-standard encryption and tokenization to protect sensitive payment data, such as credit card numbers and personal information, you’d also want a service provider that has a range of fraud detection and prevention tools to help merchants identify and prevent fraudulent transactions. 

These tools include real-time transaction monitoring, automated chargeback management, and manual review processes for high-risk transactions. So for business purposes, you’ll want to go for payment processing platforms like Stax, which are also certified as a Level 1 PCI-DSS compliant payment processor, which means it adheres to the highest level of payment security standards set by the Payment Card Industry Security Standards Council.

The 5 Safest Ways to Make a Secure Online Payment

  • Debit or Credit Cards

Despite not being totally risk-free, it is generally pretty safe to enter your card details online, so long as you know the site you’re is real. But nowadays online shopping is firmly established, and most people can spot an obvious internet scam a mile away. However, it is still important to be vigilant whenever you are using your card online. Never enter your card details if you don’t trust the seller and try not to save your card number on too many sites. This will protect you from impulse buys and lower your risk of being randomly targeted by identity or financial fraud.

  • PayPal

If you want to eliminate the risks of credit or debit card fraud entirely, a great online payment example for this is PayPal. PayPal is essentially effective as a tool for online payment because it reduces the number of people you share your details with. Instead of giving your card details to every retailer you shop with online, PayPal manages the transaction for you and keeps your information private. PayPal is also widely known for being one of the most secure tools. Your data is heavily encrypted to prevent attacks.

  • PCI Compliance 

If you’re an online merchant and want to protect your customers, it’s important to ensure that your online shop is PCI compliant. This allows the PCI Security Standards Council to run checks on your website and ensure that it meets the minimum requirements for financial security. The guidelines are tailored specifically to suit the needs of your business. So, there’s no need to worry that you’ll be treated like a huge conglomerate when you’re just a small shop. PCI simply ensures that your customers are kept as safe as possible when shopping online.

  • Neteller

Similar to PayPal, Neteller is a popular method of online payment for business use, particularly in the gaming and casino industry. Neteller allows customers to make transactions without giving away important bank details. Neteller also allows its users to spend via a Paysafecard. This card can be topped up online, allowing customers to spend the balance when they please online. It is a popular method among people who enjoying gaming or use casinos online as it offers you the chance to make secure, repeat payments in a fast, convenient manner.

  • Shop Pay

Shop Pay is one of many popular online payment apps. Shop Pay is built into Shopify stores and can be identified by the logo, which should show up when you pass through the check-out. Not all shops on Shopify use Shop Pay, for instance, Desert Title Loans, which accepts monthly loan payments online, is yet to be licensed to work with Shop Pay, but the ones that do are generally secure. It’s a thing if you love shopping online and want to make sure you choose safe online payment options.


The online payment definition of security is a site that customers can return to and pay into over and over again while staying safe. It means keeping your details protected, without inconveniencing the customer. If you enjoy online shopping, or you’re a retailer and want to keep clients safe, consider switching to one of these secure payment methods today.

Final Call: How do you prefer to pay online? Do you use any of these methods on your own online business? Share your experiences in the comments!

About the Author

Jeremy Ambrose started his own small business on the Internet a few years ago. After many failures and difficulties passed, he decided that he wanted to share his experience and knowledge with other people. In addition, Jeremy is the developer of a huge number of Android business apps that help manage people’s finances and manage employees. He is most proud of his work Book of Ra, which developed to improve financial literacy.

Disclaimer: This article contains sponsored marketing content. It is intended for promotional purposes and should not be considered as an endorsement or recommendation by our website. Readers are encouraged to conduct their own research and exercise their own judgment before making any decisions based on the information provided in this article.

The views expressed in this article are those of the authors and do not necessarily reflect the views or policies of The World Financial Review.