What are the risks of payment gateway?

Payment gateways face several risks, including data breaches and exposure of sensitive information, which are common cyber threats. Payment card fraud and chargeback scams also pose a significant threat. Businesses must be wary of insecure third-party payment providers and the risk of non-compliance with essential security standards like PCI DSS. Adopting end-to-end encryption and monitoring suspicious activity are crucial safeguards.