Hackers terrorize the internet on a regular basis. Consumers cannot check their email without worrying about or being susceptible to a phishing scam. And if a business communicates with its customers through an e-newsletter, then it has to worry about reassuring its customers that the links in an email will not somehow lead a customer’s information to be stolen or misused. To help resolve this security, business should use login systems to guard against payment fraud. Login systems lower the occurrence of business accepting so-called “hacker” payments from stolen credit card information. Login systems have also become easier to configure by business owners and will help a business to protect its clients from their own erroneous actions.
If a customer has to be registered with a business online before it can make purchases through a website, then this will lower the likelihood of hackers using stolen credit card information to make online payments. More than anything, registering prior to payment forces a hacker to do more work. If a hacker cannot enter the correct phone number or address that matches a given credit card, he or she will be more likely to abandon the purchase attempt. Too many incorrect pieces of information entered into a registration form will draw red flags- further exposing the hackers nefarious attempts to steal other people’s money. A hacker understands this idea, which further reinforces why he or she would be less likely to approach your login-protected website to initiate a transaction.
“Borrow” Secure Logins
Many business owners do not have the skills to program a login system and integrate it into their website. However, various software companies have developed tools to help non-technical individuals to develop applications based on complex code like that of login systems. These tools accelerate development and sometimes come with features like single-sign-on which allows customers to use their login from other platforms – like Google or Facebook – in order to login to your website. This one-login-based feature makes it easy for your customers to participate in more secure transactions.
Protect Your Customers
Using a login system forces customers to protect themselves from accidental blunders. Some customers can be easily confused when approaching online payments. Confusion leads to mistakes and then sometimes calls from irate customers who made those mistakes. This can be especially true in the luxury industry where customers might have money but not necessarily internet savvy. So if these types of customers purchase items like diamonds, watches or bags online and they are scammed, this can lead to lower online transactions for those industries in general. Lack of a login system could open you up to more complaints from your customers. For example, a client could mistakenly pay for an item from a spoof website that has been built to look like yours. Upon discovering this and having no other outlet to express their anger, a customer would call you to vent about the the results of their own lack of knowledge and awareness.
For more detailed information on SAP secure login systems, you can read this article.