Continuing our discussion, the major problem with online
payment option is that there is a need of high tech security of the connection line , in
technical terms I will call it “ Encryption “. Encryption is the technique in
which the information transmitted in digital form is coded from senders end and
then at receiver section it is decoded.
Those sites on which private and information particularly
financial information is shared then there is a need that those sites should be
encrypted otherwise possibility of anyone hacking into the system and
extracting the information is an absolute possibility.
Generally, a consumer who is surfing online and ordering the
products it’s very essential for him to have the complete know –how about such
aspects. Thus, when a user is visiting a particular site, then first he needs
to check the authenticity of the site. Companies like Trade Key.com which is
considered as reliable sources.
Secondly, while inserting the financial resources there is
need to be very cautious effort to look that is the encryption sign is
appearing or not. When one find out that there is no encryption then user
should never insert his information.
Moreover over the years, concept of secured payment transfer
has become common including online bank transfer or Pay Pal service and others.
In B2B clients the possibility of scam is very high and the loss which one has
to bear is also tremendous. According to statistics of Trade key frauds, every
year company banned several fake persons and companies.
On basis of reliability Trade key is strict against any
frauds on it site, following this policy there are very secured methods
including both technological and legal methods to restrict any possible scam.
In order to ensure the legal dimensions, it’s important for the buyer to keep
all the records safe and try to bring it in black and white mostly so that in
case of any situation those can be put up as proof.
In case of some companies negotiating a deal over the internet
like in Trade key, the sales consultant contact some companies on email formats, and video conferences are all recorded. This allows the trade key to
restrict any scam problems.
In a similar way when a simple consumer
purchases online, he should try to assemble as many proof as possible
otherwise chances of getting scammed is always possible, when your
credit card information ,back account details, all are acquired by some
site, then you should ensure that you have credible proofs for future claims.
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