As more shoppers choose to buy online for their holiday gifts, responsible payment processors must be extra vigilant to ensure the security of shoppers’ financial data. Online payment processor AlertPay takes the extra step by using a dual transaction protection system to prevent online fraud or identity theft.
A dual transaction protection system doubles the safety of shoppers’ personal data, without adding any significant delays. AlertPay’s dual transaction protection system is simple to use: when a shopper wants to make a payment from their AlertPay account, they must both, login to their account with their password and enter a numeric transaction PIN to confirm their identity. The added layer of protection plays an important role in blocking unauthorized account access and prevents AlertPay members’ accounts from being hacked and misused. The dual protection system also acts as an additional layer of security for members who make transactions from public computers.
“We opted to incorporate the dual protection system into our payment platform because we take the safety of our members’ accounts very seriously and are committed to doing as much as we can to keep our system secure,” says Ferhan Patel, AlertPay’s COO. “It is an important component of our service offering, because it is a feature not all payment processing companies offer, and is often all that is needed to foil account breaches and fraud.”
AlertPay also ensures sensitive financial data cannot be intercepted by encrypting all data with SSL encryption. All AlertPay pages are protected by https (hyper text transfer protocol secure), which means that all data entered into these pages is encrypted. Having state of the art technology with encryption renders data unusable to potential thieves even if they have gained access to data.
“I feel a lot more secure shopping with AlertPay because I know that my account is protected from hackers, and my identity is kept private,” says Annie, a Canadian AlertPay member who relies on the company to process payments for her holiday shopping needs. “The company fills an important niche. I no longer have the time to go to a shopping mall and buy all my gifts, but when I shop online I need to know that I am dealing with a reputable, secure company. Also, I need the process of making payments to be quick and convenient. AlertPay does a great job of providing all these things. Shopping through their system gives me peace of mind and makes my holiday shopping fun and easy.”