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What is Payment Security? Actionable Guide to Securing Your Online Payments

Razorpay

However, fraud vulnerabilities and security breaches make internet security a challenging task. This can be achieved by having sufficient security measures in place. You must have various online payment security measures in place to protect customer data and to provide them with a safe experience.

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What is Payment Security? Actionable Guide on Types & Secure Payment Gateway Protocols

Razorpay

Payment security is a critical concern for businesses in 2023, as the digital landscape continues to evolve. It encompasses protective measures and protocols to safeguard sensitive payment information during online transactions. According to the IBM Security report of 2023, the average cost of a data breach in India reached INR 17.9

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Unified Payments Interface (UPI): Meaning and How it Works?

Razorpay

UPI works on a highly secure, layered architecture with multiple levels of encryption, ensuring the confidentiality and integrity of data during transactions. Let’s understand the meaning, role, UPI transaction flow, process of UPI transaction, functions and methodology of UPI: What is Unified Payments Interface (UPI)?

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UPI vs UPI Lite: Key Differences Explained

Razorpay

Security Features High security with PIN-based authentication for every transaction. Limited security since PIN is not required for smaller transactions. snacks, transport). With UPI, you can link multiple bank accounts and perform secure transactions using UPI IDs , mobile numbers, or QR codes.