Elect Equality - ERA Coalition
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Online payments are revolutionary in terms of how we do transactions nowadays, making it possible to purchase goods and services from the comfort of our homes. That doesn’t mean we should be complacent however, since cyber threats such as fraud continue to affect people all around the world. Hence, ensuring the safety of your financial information during online transactions is paramount. Let’s educate ourselves of everything we need to know about online payment security in this article.
If you choose a good electronic payment you will usually have multiple optional security features to choose from. If you use reputable mobile payment apps such as PayPal or Paxum before, then perhaps you’ve heard of the term “two-factor authentication” before. Two-factor authentication, or 2FA for short, adds an additional layer of security to your online payment accounts. With 2FA, you need two types of credentials to access your account: something you know (like a password) and something you have (like a
2FA matters a lot since it prevents cyber criminals from gaining unauthorized access to your account. Even in the off chance of them obtaining your password, they’ll still need the second authentication factor to do anything awful. This significantly reduces the risk of identity theft and fraudulent activities.
Elect Equality - ERA Coalition