Safe payment methods provide secure means of depositing and withdrawing at an online lottery site. However, if you are a lotto player, you need assurance that there's no risk of fraud at the point of checkout. The following features help to minimize the vulnerability of lottery payment methods.
SSL is the acronym for Secure Socket Layer, an encryption protocol for securing a site. The best lottery sites have SSL certificates, and their URLs start with HTTPS rather than HTTP. You will also notice a padlock icon next to the URL. With SSL encryption, your financial data is safe when playing online lottery.
PCI DSS Compliance
The Payment Card Industry or PCI is a regulatory body that monitors the security standards for electronic transactions. DSS stands for data security standards. Any lotto company that facilitates credit card payments should be compliant with PCI guidelines.
This feature curbs fraudulent activities during a card checkout. With 3D secure authentication, a payment provider manages the identity verification process. Suppose you are using Visa to deposit cash to a lottery site online. Visa will handle the pin code requests and biometric confirmations. This ensures that only the actual cardholder can purchase lotto tickets with the Visa card.
Address Verification Service (AVS)
AVS uses the billing address you've entered into a site to verify your payment method. AVS ensures that this address matches the one in your bank account or credit card.
Other security measures include an updated operating system and tokenization that replaces confidential data with random characters.