Piraeus Paycenter transaction security
The high level of security of the Piraeus Paycenter service is ensured by the following:
Card information (card number, CVV2 / CVC2, expiration date) is transmitted / transmitted over the Internet in encrypted form (SSL 128-bit encryption) and is not accessible from your online store.
The systems and procedures used by Piraeus Paycenter prevent unauthorized third parties from accessing its data and information systems.
The Bank’s website, in which the Customer of the company enters the details of his card, has a digital certificate so that everyone can check its authenticity, ie to verify that it really belongs to the Piraeus Paycenter service.
The management of the Piraeus Paycenter E-Commerce Service is done by authorized persons of the company, to whom individual passwords (username, password) are delivered.
In case the issuing bank supports the use of a secret code for the execution of online card payments and the cardholder has received a similar code, the Piraeus Paycenter E-Commerce Service automatically asks your Customer to enter his secret code.
Piraeus Paycenter E-Commerce Service follows the best international practices in the field of payments for e-commerce and is fully compatible with the security protocols of the international card organizations Verified by Visa and MasterCard SecureCode for secure online card payments.
Paypal transaction security
Tiffany’s also uses secure Paypal systems for all of its customers’ online transactions
What is Paypal?
Paypal is the most popular online electronic transaction service, which is used for secure transactions on the Internet and undertakes to pay for online stores on your behalf, without requiring your constant intervention at every step. Paypal is owned by eBay Inc., the online trading giant and operates in Europe under the supervision of PayPal (Europe) based in Luxembourg. Paypal operates in 190 countries, with over 113 million active users and can handle 25 different currencies. The money that was transferred in 2011 by Paypal exceeds 118 billion dollars!
How Paypal works
Paypal acts as your intermediary account for the online stores and services you deal with. The Paypal account created when you subscribe to this, is refueled by you with the amount of money you want and only when you decide, using your credit or debit card, as well as your bank account. Using Paypal in a payment or transaction requires only the user to enter the information stated during registration, ie your email & Paypal password. From there, it takes over the transaction without disclosing any of your details (name, credit card, etc.), just as Paypal pays for you!
Security and Paypal
Paypal operating standards are of the highest standard and synonymous with cybersecurity. Paypal transactions are done in a completely secure environment with continuous use of SSL security protocols and AES-256bit encryption. All Paypal pages, from the user’s registration or login to the simplest confirmation messages, are set up in a secure and encrypted connection environment, and any data transmission is virtually impossible to intercept in real time.
Paypal, as an intermediate electronic trading platform, has mechanisms for monitoring each transaction for several months from the beginning. The user, in addition to the secure transaction environment, has at his disposal the communication with support staff in case of a problem, the possibility of disputing a charge and a refund.
Advantages of Paypal
Paypal is superior in many respects to most payment and transaction methods, e.g.
Your credit card or bank account information is securely stored on Paypal’s servers and is NOT disclosed to the seller, who only receives the money for your purchase, without ever learning anything else about you.
All Paypal pages are strongly encrypted, without the possibility of interception of your personal or financial information.
Paypal constantly selects and evaluates the cooperation with an online store, thus increasing the credibility of the seller.
Using Paypal in your transactions saves you from having to enter your details again, since all you need to do is log in to your account and press the Checkout button.
Paypal has qualified staff to protect you from fraud or malicious charges. In the event of a problem, you can contact them for a refund on your account.
Subscribe to Paypal
Your registration in Paypal is done simply by using your email address as the main ID, along with the secure code of your choice. After confirming your registration, you must enter your credit or debit card details in the Paypal environment to be able to send money to your Paypal account or debit your card and / or bank account.
Paypal notifies you by email of the progress and completion of each transaction, as well as of any suspicious attempts to access your account, to protect your data. Your personal data remains secure on Paypal servers and only you can change or delete it.
Payment methods
Paypal transacts on your behalf and the transfer of money to your Paypal account is done in the following ways:
By credit card connection: Every time you make a purchase, Paypal will charge your credit card, without of course disclosing its details to the seller / online store.
With a debit card connection: It works the same as for a credit card, only every time you make a purchase, Paypal will charge your debit card and this in turn will withdraw the money from your bank account. In case your account does not have money, the transaction will not be able to take place, so make sure there is a sufficient balance.
By prepaid card connection: In this case, each transaction deducts the corresponding amount from the balance of the prepaid card and when the money runs out, you refill it with whatever amount you want. Prepaid cards are issued at any bank.
By bank transfer (remittance): You transfer money from your bank account to your Paypal account using a procedure provided by Paypal. In order for a transaction to take place, your Paypal account must have a sufficient balance. Not recommended, mainly due to the long transport time (5-7 days)