| Any business that accepts credit card (CC) payments | | | | towards fulfillment, the criminals divert the payment to |
| is in danger from credit card fraudsters and hackers. | | | | their forged account instead of the merchant's. |
| Most brick and mortar establishments acknowledge | | | | Responsibility of securing the eCommerce website |
| this danger and have restructured their credit card | | | | Merchant gateway providers use open systems to |
| processing systems to incorporate secure | | | | increase the customer friendliness of their product. |
| technologies and protocol. eCommerce websites also | | | | eCommerce website owners purchase the necessary |
| face the risk of being robbed by criminals. They must | | | | software solution to transfer customer information to |
| protect the business and its customers by complying | | | | the payment gateway agencies. There is a constant |
| with industry best practices for secure credit card | | | | tussle between the eCommerce website solution |
| transactions and federal regulations. | | | | providers and merchant payment platform operators |
| Risks faced by eCommerce websiteseCommerce | | | | over taking responsibility for the security of CC |
| website owners can be targets of various kinds of | | | | transactions.eCommerce website design and Payment |
| credit card fraud. Some of these may be so stealthy | | | | Card Industry (PCI) compliance |
| that their effect will not be immediately noticeable in | | | | The PCI Security standards council has laid down |
| the business finances. Some of the risks faced by | | | | guidelines for secure transaction processing across the |
| eCommerce websites are: | | | | industry. PCI DSS (Payment Card Industry Data |
| Stolen credit card numbers used to pay for goods | | | | Security Standard) hopes to simplify the process of |
| The most common credit card fraud seen by | | | | protecting customer information from website hackers |
| eCommerce websites is the use of stolen card | | | | and criminals. |
| numbers to make purchases. | | | | PCI data security standards regulate the minimum level |
| Randomly validated credit card numbers used for big | | | | of security features in: |
| purchases | | | | * eCommerce website software solutions |
| A compromised eCommerce website can be used by | | | | * database archives on the server |
| hackers to validate card numbers with small | | | | * the physical premises of the server |
| purchases. Once a credit card number is validated, it is | | | | An eCommerce website that fails to comply with PCI |
| used by the fraudster later to make a hefty purchase. | | | | standards can lose its sanction for processing online |
| Credit refunded to stolen credit card | | | | transactions. They are also liable to pay fines up to |
| Experienced criminals can force an exposed | | | | $30 for each CC number that was compromised. |
| eCommerce website's payment processing system to | | | | Though there is a cap of $500,000 on the fine, |
| submit the credit back from the merchant account to | | | | eCommerce website owners cannot afford to lose |
| a stolen card account. This way, the difference in the | | | | the online transactions function of their business. |
| short-term account balance can be overlooked by the | | | | Professional eCommerce website designers are |
| card holder. | | | | conversant with PCI regulations and can help you build |
| Customer payments diverted to fake clearing | | | | a strong and secure website to reduce CC fraud and |
| accounts | | | | hacking. The cost of a skilled website design team is |
| Hackers that have compromised the security of your | | | | worth the thousands of dollars it saves you by |
| eCommerce application can enter their own | | | | protecting your business from fraud and for following |
| information to replace the payment data. While the | | | | industry security guidelines. |
| eCommerce application moves the order information | | | | |