Quick Answer A Sec Violation in electronic payments signals a security breach or failure during a credit…
transaction security
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**Transaction Security**
Transaction security refers to the measures and protocols implemented to protect financial transactions conducted online or through electronic systems. It ensures the confidentiality, integrity, and authenticity of transaction data, preventing unauthorized access, fraud, and data breaches. Key components include encryption, secure payment gateways, fraud detection systems, and compliance with industry standards such as PCI-DSS. Emphasizing transaction security is crucial for building trust with customers and safeguarding sensitive information throughout the payment process.
Quick Answer “AVS rejected” occurs when the billing address entered during an online payment does not match…