Piraeus Paycenter transaction security
The high level of security of the Piraeus Paycenter service is ensured by the following:
Information about the card (card number, CVV2/CVC2, expiry date) is transmitted / transferred via 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 on which the Business Customer enters his card details, has a digital certificate so that anyone can check its authenticity, i.e. verify that it really belongs to the Piraeus Paycenter service.
The Piraeus Paycenter E-Commerce Service is managed by authorized persons of the company, who are given individual access codes (username, password).
In the event that the issuing bank supports the use of a secret code for online card payments and the cardholder has received a corresponding code, the Piraeus Paycenter E-Commerce Service automatically asks your Customer to enter his secret code.
The Piraeus Paycenter E-Commerce Service follows the best international practices in the field of e-commerce payments and is fully compatible with the security protocols of the international card organizations Verified by Visa and MasterCard SecureCode for safe online card payments.
Paypal transaction security
LIMNAIOS PANAGIOTIS also uses secure Paypal systems for all online transactions of its customers
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 online stores on your behalf, without requiring your constant intervention at every step. Paypal is owned by eBay Inc., the online shopping giant, and in Europe operates under the supervision of Luxembourg-based PayPal (Europe). Paypal operates in 190 countries, with over 113 million active users and can handle 25 different currencies. The money traded in 2011 by Paypal exceeds 118 billion dollars!
How Paypal works
Paypal acts as your intermediary account for the online stores and services you do business with. The Paypal account created when you register for it is fed 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. The use of Paypal in any payment or transaction requires the user to enter only the information declared during registration, ie your email & Paypal code. From there, it takes care of completing the transaction without disclosing any of your information (name, credit card, etc.), just as if Paypal were paying for you!
Security and Paypal
Paypal’s operating specifications are of the highest standards and synonymous with online security. Transactions via Paypal are made in a completely secure environment with continuous use of SSL security protocols and AES-256bit encryption. All Paypal pages, from user registration or login to the simplest confirmation messages, take place in an environment of secure and encrypted connections and any data transmission is practically impossible to intercept in real time.
Paypal, as an intermediary platform for electronic transactions, has monitoring mechanisms for each transaction for a period of several months from their initiation. The user, in addition to the secure trading environment, has at his disposal the communication with support staff in case of a problem, the possibility of disputing the charge and refund.
Advantages of Paypal
Paypal excels in many ways compared to most payment and transaction methods, e.g.:
Your credit card or bank account information is stored securely on Paypal’s servers and is NOT disclosed to the seller, who only receives the money for your purchase, never knowing 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 repeatedly typing your details, since all you need to do is log in to your account and press the Checkout button.
Paypal has qualified staff to protect against fraud or malicious charges. In case of a problem, you can contact them for the possibility of a refund to your account.
Sign up for Paypal
Signing up for Paypal is done simply by using your email address as your primary identifier, along with the secure password 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 charge your card and/or bank account.
Το Paypal σας ειδοποιεί με email για την πρόοδο και ολοκλήρωση κάθε συναλλαγής, όπως επίσης και για καθε ύποπτη προσπάθεια πρόσβασης στον λογαριασμό σας, για την προστασία των στοιχείων σας. Τα προσωπικά σας δεδομένα παραμένουν ασφαλή στους servers του Paypal και μόνο εσείς μπορείτε να τα αλλάξετε ή να τα διαγράψετε.
Τρόποι πληρωμής
Paypal deals on your behalf and the transfer of money to your Paypal account is done in the following ways:
With a credit card connection: Every time you make a purchase, Paypal will charge your credit card, without, of course, sharing its details with the seller/online store.
With a debit card connection: It works the same as for a credit card, except that every time you make a purchase, Paypal will charge your debit card and it will in turn pull the money from your bank account. In case your account does not have funds, the transaction will not be able to take place, so make sure there is sufficient balance.
With a 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 the money from your bank account to the Paypal account using a process provided by Paypal. In order to make a transaction, your Paypal account must have sufficient balance. Not recommended, mainly due to the long transport time (5-7 days)