{"id":13774,"date":"2019-05-09T19:02:52","date_gmt":"2019-05-09T13:32:52","guid":{"rendered":"https:\/\/cigniti.com\/blog\/?p=13774"},"modified":"2019-05-09T19:04:07","modified_gmt":"2019-05-09T13:34:07","slug":"payment-gateway-security-application-quality-assurance","status":"publish","type":"post","link":"https:\/\/www.cigniti.com\/blog\/payment-gateway-security-application-quality-assurance\/","title":{"rendered":"Secure Your Payment Gateway with Quality Assurance"},"content":{"rendered":"
The e-tail industry is flourishing with rising inclination of shoppers toward online shopping. Statista has reported that the global ecommerce sales are expected to reach 17.5%<\/a> by 2021 with credit cards being the most preferred payment option<\/a> for online shoppers worldwide. With the advent of rapid digitalization and e-commerce, the use of cash payment method is reducing at an exponential rate, necessitating the need for a robust and secure payment gateway. Considered a leader in online and mobile payment, PayPal currently has about 277 million active accounts<\/a> across the globe.<\/p>\n The sensitivity of the data involved makes a payment gateway highly susceptible to vulnerabilities, which may expose valuable information in case of a breach. The banking industry is no stranger to the ongoing digital wave and is adopting the required measures to ensure a smooth transactional flow. As banks are incorporating sophisticated software to streamline their digital processes, they need to set down a well-thought testing strategy. Software quality assurance is all the more important in such a scenario as a weak application may cause serious consequences in terms of financial losses and accountability and credibility issues.<\/p>\n