With the growth of e-commerce in the continent one must consider the implications faced by those who wish to purchase online. Online security all over the world, is always going to be an issue for deliberation when people use their credit cards to pay for goods and the more an online company can assist in safeguarding payments, the more consumers will feel safer and more confident in the online shopping experience.
As an emerging continent in the online commerce world what better news to hear that Entersekt, a mobile security software development company, has in the last six months acquired Visa, MasterCard and now American Express accreditation to provide transaction authentication for online and mobile payments.
With their head offices in South Africa, they have already signed up a number of South African banks to provide transaction authentication for online and mobile transactions. The CEO of Entersekt, Schalk Nolte, recently commented, "With the advent of e-commerce, the need for fraud prevention technology is higher than ever. Statistics show that fewer people are trading in hard cash, opting to rather conduct their transactions online,"
So what does this mean for the customer in this part of the world? More control over our transactions, reduced possibilities of fraud and an overall more confident approach to online shopping.
Says Nolte: "Entersekt is committed to enabling mobile and online financial transactions and to providing solutions to combat fraud. We are very proud of our AmEx accreditation and the support we have received from American Express in this process."
Very big smiles all around then.
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