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Payment Security: Everything You Need to Know About Secure Payments

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Other trending payment methods include peer-to-peer (P2P) payment apps like PayPal or Venmo are a secure and convenient way to transfer funds between people and businesses. SSL/TLS is the acronym for Secure Sockets Layer and Transport Layer Security. Blockchain technology is another technology used to advance payment security.

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The Top Payment Methods For Small Businesses

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Each digital currency is created through a process called “mining” where powerful computers generate blocks of code that represent the currency to be stored on a public ledger called a blockchain. The payment method is ideal for businesses in the retail, transportation, rental property, restaurant, and utilities industries.