Are online payments safe?
Yes, online payments are generally safe when proper security measures are in place.
At Buildworld, we do not store any financial information of our customers in any form. We offer multiple secure payment options to ensure that your transactions are protected:
Encryption Technology:
We and our payment partner use SSL (Secure Socket Layer) or TLS (Transport Layer Security) encryption. This technology scrambles your payment details, such as your credit card number, making it unreadable to unauthorized parties.
Secure Payment Gateways:
Trusted payment gateways like WorldPay, PayPal, and Volt offer an additional layer of security. These services process payments securely by verifying the transaction through multiple authentication steps. Many use tokenization to ensure that sensitive information is replaced with unique tokens, reducing the risk of theft.
PCI DSS Compliance:
We are PCI DSS (Payment Card Industry Data Security Standard) compliant. This means we follow strict guidelines set by the credit card industry to safeguard cardholder data during transactions. However, we do not accept payments on our site, and none of your finanical information is stored in our systems.
3D Secure
For extra security, some transactions may require two-factor authentication, where you must confirm your payment by entering a unique code sent to your phone or email. This ensures that even if someone has access to your card details, they cannot complete the payment without this additional verification.
Fraud Detection Systems:
We use modern payment platforms, which implement real-time fraud detection systems that monitor unusual activity, flagging suspicious transactions. These systems are crucial in preventing unauthorized access and minimizing the risk of fraud.
By using these secure payment methods and following best practices, we can assure you our online payments can be just as safe—if not safer—than in-person transactions.