Cryptocurrency payments are gaining popularity day by day. Nowadays, many e-commerce businesses accept crypto payments. Primarily, they need a secure crypto payment gateway to get started. CoinRemitter is considered one of the most secure platforms to accept payment in crypto. Here, we’ll understand the importance of such secure cryptocurrency payment gateways for e-commerce businesses.
Why is Security Important for E-commerce Platforms that Accept Payment in Crypto?
E-commerce platforms witness frequent transactions, especially when they accept crypto payments. They also witness a constant exchange of information, which may result in the following concerns:
- Unauthorized Account Activity: Anyone may log into your account without your permission.
- Unwanted Fund Loss: Anyone may take control of your funds without informing you.
Why Your E-commerce Platform Needs CoinRemitter
Since the article is focused on security, we will talk only about it. Below are the reasons why your online store needs this crypto payment processor:
1. You Can Detect Unauthorized Access
If you keep your account credentials private, no one can enter your account. However, if they get exposed in any case and someone enters your account, you can easily know it. This crypto payment processor provides the following features to help you detect unauthorized activity:
- Login History: You can get a list of every login attempt with the location and IP address of the device.
- Login Notification: You can get notified on your registered email for every login attempt with IP and browser details. If you find any unidentified IP addresses, consider them unauthorized logins.
2. You Can Prevent Unauthorized Access
Any unauthorized activity in your account may result in a big loss. It may risk your funds, information, or both.
This platform lets you prevent unauthorized users from accessing your account. You can rely on the following features to prevent unauthorized access:
- Two-Factor Authentication: You can secure the login process by adding an extra step using Google Authenticator.
- Login Shield: You can opt to receive an OTP to the registered email address. The same OTP can be used to log in.
- Active Login: Here, you can see the list of active login sessions with the location and the IP address of the device. You can log out of your account from unidentified devices from the same list.
3. You Can Prevent/Limit Your Fund Loss
Your CoinRemitter wallet can be accessed using its API key and password. So, it is already secure. But if its credentials get accidentally exposed, you can follow the steps shown below to prevent or minimize the loss of funds:
- Disable API Withdrawals: Withdrawals can be made from API docs using credentials, and anyone with your credentials can make withdrawals if they get exposed. In this case, you can turn off API withdrawals from wallet settings. This will stop withdrawals from the crypto API docs and keep your funds safe.
- Limit the Daily Withdrawal Amount: You can set the lowest daily withdrawal limit in your wallet to minimize the fund loss due to unauthorized access.
Why Everyone Praises CoinRemitter’s Security Features?
Businesses from the USA, Canada, the UAE, and other developed nations are using this platform to accept payment in crypto. Below are the reasons why businesses rely on this cryptocurrency payment gateway for security:
- Free to use: All the security features are accessible with the free plan. You don’t have to purchase the premium plan to keep your account and funds secure.
- Functional Features: These security features aren’t gimmicky. They really work and help you protect your accounts and funds.
- Accurate and User-Friendly: Features work accurately and can be used by following a simple process.
Conclusion
E-commerce platforms that accept crypto payments are always at risk of unauthorized account access or unwanted fund loss. To prevent them, they must rely on a secure crypto payment processor. CoinRemitter provides them with free, functional, and user-friendly features to help them accept payment in crypto securely. These features not only detect unauthorized activities but also allow you to prevent them. You can also protect your funds by turning off API withdrawals and limiting the daily withdrawal amount. Such a secure cryptocurrency payment gateway can be helpful for every e-commerce platform.