Top Five Online Payment Trends to Look Out For in 2019

1

• Top Five Online Payment Trends to Look Out For in
  2019

2

• In Order To Provide A Secure And Efficient
  Experience To Online Buyers, It Is Important To
  Look At The Following Online Payment Trends.

3

• Mobile Payments Reign
• There Is An Increase In Mobile Payment Scams As
  Evidenced By The Proliferation Of Mobile Phishing
  Sites. Online Payment System Providers Need To
  Take Proper Remedial Measures.

4

• Massive Data Breaches Become Commonplace
• The Use Of Artificial Intelligence And Bots Makes
  It Easier For Hackers To Undertake Massive Data
  Breaches. Websites And Payment Gateway Providers
  Should Ensure That Their Information Is
  Safeguarded Appropriately.

5

• Apps Go Rogue
• Hackers Are Now Increasingly Focusing On Mobile
  Apps To Steal Data And Financial Credentials.
  Lately, There Has Been A Spurt In The Number Of
  Apps Getting Kicked Out Of App Stores For
  Containing Malicious Codes.

6

• ATOs Proliferate
• Account Takeover Is A Type Of Data Theft Where A
  Hacker Uses Bots For Gaining Illegal Access To A
  Victims Online Payment Account. It Is Expected
  That Such ATO Attacks Will Become More
  Commonplace And More Sophisticated In The Future.

7

• Focus on Behavioral Biometrics
• The Providers Need To Incorporate New Changes In
  Their Authentication Process. One Such Emerging
  Trend Is To Use Behavioral Biometrics For
  Identifying Potentially Risky Accounts.

8

• It Is Important For Service Providers To Analyze
  The Emerging Threats And Design New Policies To
  Effectively Counter Them.

9
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