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How to secure payment document

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hi everyone well be looking at documentary collection method DP which is also known as documents against payment as per our previous video the importer and exporter are new to each other there is no trust between both parties they cannot compromise rather to have open account or advance payment so they need the help of the bank whom they can trust to assist them for this the bankers invented two methods to solve the problem which are documentary collection method and documentary credit methods under documentary collection method there is site a nuisance method for site the collection method is called documents against payment DP for you sons it is called documents against acceptance which is da in this video we shall look at that DP method in this presentation on documentary collection we have the exporter also known as the principal and we have the importer known as we draw we both of them have entered into a self contract whereby they have agreed that the method of payment will be

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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How do you know if a payment is secure?

How Can I Tell If My Online Transaction Is Secure? Use a Secure Connection. Make sure that both the Wi-Fi connection and the website URL that youre using are secure. Use a Trusted Website. Read the Privacy Statement. Opt for Credit over Debit. Keep an Eye on Your Accounts.

What is an SSL payment?

SSL is simply a protocol that encrypts transactions between a client application (a browser) and the online store server. Simply put: SSL protects the sensitive information such as credit card detailsby making them private and confidentialfrom being stolen by malicious users over the internet.

What does SSL stand for?

Learn about Secure Sockets Layer (SSL) protocol, how SSL certificates work, and why they are essential for Internet security.

How do I make a secure payment?

Pay using a credit card. Youll have more protection. Or use online services such as PayPal so scammers cant get hold of your bank details.

Why do I have to pay for SSL?

The biggest reason to pay for an SSL certificate instead of going with a free version is the liability protection. With a paid certificate, youll have better liability protection. This means that in the event of a data bdocHub, you are insured based on your warranty level.

How do I create a secure payment?

10 Best Practices for Secure Online Payment Processing Match the IP and Billing Address Information. Encrypt Data. Use Payment ization. Require Strong Passwords. Implement 3D Secure. Request the CVV. Use Strong Customer Authentication (SCA) Monitor Fraud Continuously.

What is SSL in banking?

SSL stands for Secure Sockets Layer, a security protocol that creates an encrypted link between a web server and a web browser. Companies and organizations need to add SSL certificates to their websites to secure online transactions and keep customer information private and secure.

What is a secure method of online payment?

Credit cards, virtual card numbers, digital wallets, ACH transfers and wire transfers all come with security features that protect your money and identity. Credit cards are at the center of many payment methods and have several layers of protection.

What is a secure payment form?

Secure online payment pages also known as payment forms allow your customers to make payments or pay invoices online. The number of fields that the customer needs to fill in will vary, depending on the simplicity of the page. In most cases, the fewer the better.

What is a secure SSL payment?

A secure payment page means that the webpage where credit card numbers are entered is secured via Secure Sockets Layer (SSL) 128 bit encryption. In a nutshell your customers need to be able to see that your website is protecting their sensitive details!

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