In an era where digital transactions dominate, women entrepreneurs must prioritise secure digital payments to scale their businesses effectively. This International Women’s Day, Visa shares essential tips to help female business owners integrate secure payment solutions, ensuring both growth and financial security.
Top digital payment tips for Women entrepreneurs
1. Build security into every step
Security should be a core component of business planning. Entrepreneurs must train their employees on digital safety, stay informed about emerging fraud tactics, and implement strong security measures across their payment systems.
2. Offer secure contactless and online payments
Businesses should embrace EMVCo® chip-based contactless payments and tokenised online transactions. These technologies provide encryption and biometric authentication, ensuring seamless and secure transactions for customers.
3. Use trusted payment gateways
Selecting reputable payment gateways that comply with EMVCo® and PCI DSS standards is essential. These platforms provide multiple layers of encryption, protecting businesses and customers from cyber threats.
4. Keep software and devices updated
Outdated software increases vulnerability to cyberattacks. Entrepreneurs should ensure that all devices and software are updated regularly to safeguard against malware, hacking attempts, and data breaches.
5. Monitor transactions in real time
Entrepreneurs should enable real-time alerts on banking and financial apps to track suspicious transactions. Early detection of fraudulent activities can prevent financial losses and security breaches.
By adopting these practices, women entrepreneurs can establish secure, trusted businesses, driving economic empowerment and fostering stronger communities.
