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In 2019, 77% of US consumers were using at least one type of digital payment system. What has grown more significantly is the number of electronic payments and alternativepaymentmethods consumers now use. These security measures enhance consumer trust and confidence in digital payment systems.
A reliable payment processing solution should include advanced security measures such as tokenization and encryption, which replace credit card data with a secure token to prevent exposure of sensitive information and safeguard payment data during transmission, making it nearly impossible for hackers to intercept or misuse it.
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