Payment Methods

Enforcement and Monitoring of Payment Methods involves managing and securing the use of payment services and methods on mobile devices.

• Secure Payment Gateways: Utilize trusted and secure payment gateways for transactions.
• Encryption: Ensure payment information is encrypted during transmission.
• Two-Factor Authentication (2FA): Require additional authentication for payments.
• Fraud Detection: Implement fraud detection mechanisms to identify suspicious activities.
• Transaction Monitoring: Monitor payment transactions for anomalies or irregularities.
• Device Authentication: Ensure only authorized devices can make payments.
• Payment Limits: Set limits on transaction amounts or frequency.
• Biometric Verification: Use biometrics for secure payment authorization.
• Secure APIs: Employ secure APIs for integrating payment services.
• User Education: Educate users about safe payment practices and potential risks.