The digital world has evolved multi-dimensionally with the advancements of modern technology and infrastructure. In this internet era, every service and process has been digitalized to increase productivity, performance, and convenience, and the result is phenomenal. This convenience brings us to a question is online money transfer safe? Well it certainly is, but we have comprehended more on the security of online money transfer in this blog.
The ability to transform the world by sitting in front of a display is made possible by the power of the internet. The digital advancements and evolution of information technology brought significant changes in people’s lives across the globe. The days are gone when we spend a whole day in bangs just to make a single transaction. Digital advancements enable us to make millions of transactions in seconds with fee simple clicks. The Internet world created the ability to order food to launch a rocket with just making a few clicks on your electronic device. The Internet has evolved and integrated as a part of our daily routine.
Features of Online Money Transfer
The power of the internet and modern technology amplifies the power and ability of mankind to perform multiple tasks efficiently. From waking u up to see a beautiful sunrise with your favorite song as alarm and pushing you to keep your body fit by tracking and informing the stats of your body and its chemical compositions with the rate of energy you spend and guiding you through your meal with a perfect diet plan, it’s online. Also, to order the right food you crave and to take your ride to drop you at your spot at the right time, it’s online.
For the payment, you don’t have to grab your wallet and count cash at every billing counter. It’s just a click. You can connect with anyone across the globe; it’s literally meeting people live. Nowadays, the buzzword metaverse is working towards bringing the new existence virtually that enables connecting people in the digital world with the power of advanced technology like Augmented reality and virtual reality. As the pandemic locked us between concrete walls, people tended to connect with people to share their emotions and communicate with each other and realized the importance of socializing and getting connected with their loved ones.
These digital worlds and the magnificence of the internet showered their magnificence to recover the isolation by connecting with each other virtually and taking care of each other. And the same online world supports relaxing at work with online podcasts or pleasant music that you love the most. This digital world also enables you to stay in touch with creators and creativity with innovative arts like movies, journals, and entertainment that complete your day. The online platforms also support booking your holiday tickets and travel to spend your vacation in peace. With such abundance, online platforms and digital ecosystems are embedded in our lives and support performing potential activities easily and save a lot of time and energy efficiently. In addition to saving energy you can also check sri lanka exchange rate by visiting the homepage of our website itself.
Such digital advancements and the significance of the internet made the banking and financial process more efficient. while the services of every industry are amplified by the power of the internet, International money transfer services are not an exception to evolve with the era of the Internet. In the ocean of international money transfer services available in the market. Teeparam exchange provides the most efficient money transfer services in a secured ecosystem that enables people to make international transactions seamlessly without any hassle.
If u still wonder whether online money transfer is safe, let’s dive deeper into the verge
Teeparam exchange follows top-notch security protocols to make international transactions efficiently in a secured ecosystem. These advanced security protocols make Teeparam capable of processing bulk transactions across international borders without failure. Some of the advanced security protocols followed by Teeparam are listed below.
SSL protocol
SSL is an internet security encryption protocol that guarantees website security. This SSL is a certificate for the website that confirms SSL encryption protection for the website. This website often begins with HTTP and has a padlock next to the URL. This demonstrates that the website is protected by SSL. Following the standard will help money transfer service providers secure user and transaction data from technological flaws.
PCI Compliance
The primary security standard that online money transfer platforms require is PCI (payment card industry). The requirements that must be met depending on the volume and amount of transactions that an organization handles annually. The protocol intends to adhere to specific guidelines and norms to protect users from security breaches.
Tokenization
Tokenization increases the security of protecting customer payment information. Some payment processors offer a feature called tokenization, which transforms payment data into an arbitrary string of integers. If a hacker had access to this tokenized data, it would be useless and worthless. As a result, tokenization is a sought-after aspect of online payment security.
The 3D secure
The last security measure that takes effect throughout the checkout process is 3D security. The card issuer follows this protocol to make sure the cardholder is using the card to execute the payment by undertaking security authentication checks, such as inputting pin numbers or using biometric scanners. The execution of card transactions is safeguarded by this additional degree of security. This aids a company that offers money transfer services in securely handling the payment procedure.
With all the security protocols mentioned earlier, Teeparam ensures defense-grade security in protecting your credentials and procession your transactions safely across international borders without any flaws.
Teeparam is an FCA Approved international money transfer service offering exceptional services in making international transactions more efficient. With years of experience in serving the people by financially connecting them across the globe, Teeparam has evolved as the best international money transfer service in people’s minds, which makes them make international transactions within a few simple steps. Our online tracking system lets people keep track of their transactions and know the exact status of their transactions and the exact duration it takes to complete the transaction. Download Teeparam Exchange mobile application and experience the convenience of making international transactions on the go with a few simple steps.
Click here to read our blog and know why is choosing teeparam to send money to sri lanka game changing speed and transfer fee.