Emerald Business Systems Blog


Steps to Take to Reduce the Anxiety of Paying Online

Posted in Online Business,PCI,POS,Retail by ebs4pos on March 23, 2010

Last year, 92 million people bought things online using credit cards, debit cards and services like PayPal and Google Checkout. Millions of others paid bills and wired money electronically from bank accounts with just a few clicks.Despite the apparent popularity of all these services, they still cause nagging anxiety for many of us.We wonder, how secure are these payment systems? Will I be out the money if someone steals my account numbers and goes on a wild shopping spree or bleeds my savings dry?Deciding which online payment method to use would seem to be a simple matter of picking whichever offers higher security. But the wise consumer also weighs the legal protections in the case of theft: the best security and the lowest liability don’t necessarily go together.Here’s the lowdown on the risks associated with the most popular ways to pay online:

via Steps to Take to Reduce the Anxiety of Paying Online – NYTimes.com.

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