Regardless of their size, businesses must be wary of fraudsters. According to recent data, e-commerce losses to fraud in online payments in 2021 were estimated at USD 20 billion globally, growing over 14% when compared to 2020.
All businesses should be protected from fraud and, at Dapio, we take the security of your payments seriously. Our Payment Security features add that extra layer of protection for you and your customers. You can accept payments and feel confident that your transactions are protected.
Key security measures
Dapio took all necessary measures as a financial service provider to have the proper security in place to keep businesses and their customers safe. Through encryption processes, we made sure that each and every transaction being made through Dapio-enabled tech both your payment information and the receiving bank remain safe.
In order to protect the brands we love, we chose to step up our game for our business partners. We are ready to provide the following services, to protect you and your business:
Fraud protection
Transaction protection
Safe encryption
PCI Certifed
The Dapio app – how secure is it?
Our app comes with built-in, enhanced security, which is meant to guard your data and financial information from unwanted eyes.
Namely, Dapio’s app comes with ID authentication so that anytime a new Dapio account is created, we will ask you to verify yourself through one form of government-issued identity document. This helps us corroborate the details you have included and prevents identity fraud. Speaking of, in 2021 alone, there were nearly 1.4 million reports of identity theft received by the FTC (US Federal Trade Commission).
Naturally, our app is secured via a PIN passcode. This will be sent to your registered email address, pending a successful onboarding process.
Furthermore, the Dapio app is password protected. This means that we will ask you to set up a secure password which you will use to log into your seller dashboard anytime you like, from anywhere you find yourself.
Dashboards
Speaking of, if you would like to run a successful business, then you need all the right data and statistics you can get. Just keeping a business afloat takes hard work; going the extra mile without hard facts and knowledge of how your business is actually performing, it’s probably impossible.
Luckily, you can benefit from a better way to measure your business’ growth and performance. Our Sales Analytics Dashboard grants you access to real-time sales data, see sellers’ insights, track top performers, export reports, and manage your team.
There’s an old saying that tells us to ‘work smarter, not harder’. You should focus on how to maximise your business’ potential. Allow us to take a look under the hood and guide you there.