Description: Payment security in e-commerce refers to the measures and protocols implemented to protect financial transactions conducted online. This includes protection against fraud, unauthorized access, and theft of sensitive information such as credit card numbers and personal data. Payment security is crucial in a digital environment where transactions occur through platforms that may be vulnerable to cyberattacks. Key features of this security include the use of encryption to protect data during transmission, two-factor authentication to verify user identity, and the implementation of fraud detection systems that analyze behavioral patterns in real-time. The relevance of payment security lies in the trust consumers place in e-commerce platforms; a security breach can result in significant financial losses for both consumers and merchants, as well as damage to brand reputation. Therefore, companies must take a proactive approach to ensure their payment systems are secure and comply with existing regulations, such as the PCI DSS (Payment Card Industry Data Security Standard).
