Data Security in payments refers to the protective measures used to prevent unauthorized access to sensitive financial information, such as credit card numbers and bank details. This includes encryption (scrambling data), tokenization (replacing data with a code), and strict access controls.
FAQs:
- Is my data safe with Charge for Stripe?
Yes, the app relies on Stripe’s infrastructure. It does not store full credit card numbers on your device. - What is SSL/TLS?
Secure Sockets Layer / Transport Layer Security are protocols that encrypt the link between a web server and a browser/app, ensuring data remains private during transmission. - Who is responsible for data security?
While Stripe handles the heavy lifting, merchants are responsible for keeping their login credentials secure and not writing down card numbers insecurely.
Related Terms:
- Encryption
- PCI-DSS
- Tokenization
- Two-Factor Authentication (2FA)