All major credit cards and Google Pay are accepted
Stripe is a popular payment processing service used by businesses to accept various types of payments online. It offers a range of payment methods, including credit and debit cards, digital wallets.
Security Measures Employed by Stripe:
Encryption:
Stripe encrypts sensitive data both in transit and at rest, using both symmetric and asymmetric encryption techniques.
Tokenization:
They use tokenization, which replaces sensitive payment information with unique tokens that have no intrinsic value if compromised.
Fraud Detection:
Stripe utilizes AI-powered fraud detection tools to identify and prevent fraudulent transactions.
PCI Compliance:
Stripe is a PCI DSS Level 1 compliant service provider, meaning they adhere to the highest security standards for handling credit card information.
3D Secure:
They support 3D Secure authentication, which requires additional verification for certain transactions to further reduce fraud.
Multi-Factor Authentication (MFA):
Stripe can be configured to require MFA for various actions, adding an extra layer of security.
Risk Evaluation:
Stripe's Radar platform helps identify and manage high-risk transactions, allowing for proactive fraud prevention.
Secure Infrastructure:
Stripe's infrastructure for storing and processing sensitive data, like credit card numbers, is separate from other services and is highly secure.
Automated Payment Reconciliation:
For larger transactions, Stripe offers automated reconciliation for payments through ACH, BACS, SEPA, and other methods, reducing the risk of payment failures. Secure payment