What technology enhances security in digital payment systems? 🔊
Technologies such as encryption, tokenization, and secure payment gateways enhance security in digital payment systems. Encryption protects sensitive data by converting it into unreadable formats, making unauthorized access impossible. Tokenization replaces sensitive information with unique identifiers, reducing the risk of data breaches. Secure payment gateways further authenticate transactions and ensure data integrity, thereby fostering trust among consumers in digital payment methods and significantly reducing fraud incidents.
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