Business

Risks Associated With the Online Payment Methods

online payments risks

In today’s world of information and technology, the advent of the World Wide Web has changed the way people pay and manage financial transactions.

eVero login offers a wide range of payment options, including credit card, debit card, PayPal and bank transfer. This ensures that merchants can accept payments from a variety of sources.

Nowadays, organizations and individuals are increasingly using the online mode of paying money or transferring funds from one account to another.

Web-based payment management allows you to easily and quickly send and receive money from any part of the world. When using checks, you must personally visit the bank and withdraw money from the teller. Conversely, credit and debit cards have made it very easy for people and businesses to get/transfer money with a few mouse clicks. Currently, almost all regional and international banks have introduced online banking facility for the convenience of their customers.

online payment system

However, despite the huge popularity of the online payment system, it carries certain risks.

Many online event management companies have started a cloud-based fund management process to streamline their administrative workload and bring more flexibility and transparency to the process. Attendees can purchase tickets or register for an event easily and almost instantly with these comprehensive and integrated online payment management solutions.

Payment management web service:

  • Offers a secure PCI compliant solution with no additional or hidden fees
  • Supports multiple payment methods and all major credit cards
  • Manages all backend administrative payment functions
  • Supports multiple gateways including PayPal Payflow Pro, PayPal Express, CyberSource and Authorize.net

The web-based fund management system allows attendees to pay by any major credit card, check, purchase order, or payment plan using the event organizer’s recurring billing option. It offers a highly secure real-time payment processing system. You can also issue credits, refunds, or gift cards to meet the different needs of your attendees and your organization.

Cloud-based payment management services

Cloud-based payment management services offer the best ways to collect payments, reconcile transactions, manage refunds, and handle billing requests. They even provide the option of managing your own trading account.

Most online event management organizations support merchant accounts, allowing you to manage your own payment collections online.

A web-based fund management system offers a myriad of services in the form of collecting payments for events, membership fees, various services and subscription fees or donations in the simplest way. This comprehensive solution is ideal for organizations of any type and events of any size.
So, a cloud-based event management solution offers easy registration and more fund management options. The online payment method offers the highest security and reduces the risk of fraudulent transactions, if any.

management industry

Jonathon is a veteran in the event management industry. Event planners and professionals are increasingly relying on event management software to streamline online event registration, payment management and attendee relationship management. Acteva is the market leader in providing event registration and management solutions at competitive prices.

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