Digital payments have undergone a drastic transformation, thanks to the evolution of the Internet and mobile revolution. With the convergence of technology, unified payment platforms along with e-commerce have enabled smooth transactions and provided convenience to the customers. On the other hand, there are risks associated with online transactions, as they are vulnerable to data theft from hackers and different kinds of cyber-attacks.
Entrepreneurs need to face numerous challenges while operating a digital storefront and need to be aware of the risks associated with online fraud. Thus, companies need to employ effective cyber strategies such as using SSL certificates to protect and secure their website and customers’ data.