It is quite obvious that online fraudulent activities have become a major concern for netizens. We have been reading news regarding data breaches daily in newspapers. The fraudsters are also targeting small businesses. But, the media is not giving much preference to this sector and this is why these cases are often overlooked. Anyway, if you are an internet merchant account holder, you need to be careful.
Well, analyzing the present situation, it can be said that online merchants are getting huge success in this pandemic situation. People are using debit cards and credit cards and therefore, people are not ready to use old payment methods. At the same time, they are not relying on offline businesses. People are looking for true comfort and they are getting true comfort from online merchants. Now, if you are operating an online business, you need an internet merchant account.
The report says that small online merchants are easy targets for fraudsters. Yes, small internet merchant account holders do not take necessary precautions and therefore, fraudsters can easily step into their system. If we talk about the online ecosystem, the merchants lock the doors of their business and they turn on the security cameras. Unfortunately, they do not take such precautions when it comes to handling online business. We at Rapidcents under this situation very well and this is why we have come up with some inexpensive security steps that internet merchant account holders should use.
Efficient Security Steps For Internet Merchant Account Holders
Understanding the ecosystem of this internet business and protecting it are equally important. You need to utilize security steps to protect your online business. Otherwise, the fraudsters will hack your system, and most of the time, your internet merchant account will be suspended. As a result, you will not receive the transaction amount in your real business bank account. So, you might be thinking about how you can protect your internet merchant account from fraudsters? Well, have a look at the points added below:
Internet Merchant Account Holders Must Keep Their Computer Updated
This is the first and foremost thing that you need to do to protect your business. If you are accessing your internet merchant account on a computer that has an outdated OS version, you are actually doing a big mistake. You will have to make sure that your device has updated OS such as macOS or Windows. The developers of these OS work hard to patch the security holes. They frequently send updates and as a user, you need to install them. The best part about update installation is that most of the time, it gets installed at night. Therefore, it will not hamper your business operations. If you are using any oldest version of Windows, you need to change it immediately. Older versions of Windows do not receive security updates.
Always Use Reliable Password Manager App To Store The Passwords Of Your Business
It is very important that you use a reliable password manager app to store the passwords of all of your online accounts. Now, coming back to the business, well, you need to set strong and long passwords for your accounts. Now, remembering those passwords can be problematic for a businessman because he has many other tasks to do. This is why you need a password manager app. In a reliable password manager app, passwords get stored in an encrypted format. Another good thing about the password manager application is that it will generate strong, complex and long passwords. Whenever you need to change passwords for your online accounts, you can take help from this application. So, start using the password manager app and make your internet merchant account more secure.
Never Send Passwords Regarding Internet Merchant Account Through Email
Most merchants send passwords regarding their internet merchant account through email. Well, this is where they do the big mistake. Email is not an ideal place for sending important passwords. Whenever it will be hacked, your personal data will be leaked. Therefore, you should never use email to share sensitive information regarding your business and other things.
Always Use Anti-Malware And Anti-Virus Software
Anti-malware and anti-virus software are there for a long period of time. Most people believe that smartphones and Mac OS do not get viruses. But, this is completely wrong. It does not matter which OS you are using, you must install anti-malware and anti-virus software in your system. It will protect your system and if you install a personal firewall, you will get a notification whenever a new program will try to communicate to the internet.
Not A Rapidcents Merchant?
By now, you have realized how you protect your internet merchant account by following certain security steps. Now, if you want an internet merchant account, you need to become a merchant of a reliable payment processor such as Rapidcents. This platform gives full value to every transaction. The customer support system is also top-notch. So, join this platform as early as possible.