{"id":7464,"date":"2014-09-30T14:19:30","date_gmt":"2014-09-30T12:19:30","guid":{"rendered":"http:\/\/newsid.sidpayment.com\/?p=7464"},"modified":"2022-01-04T09:56:28","modified_gmt":"2022-01-04T07:56:28","slug":"sid-secure-eft-remains-one-of-sas-favourite-online-payment-alternatives-to-credit-card","status":"publish","type":"post","link":"https:\/\/sidpayment.com\/sid-secure-eft-remains-one-of-sas-favourite-online-payment-alternatives-to-credit-card\/","title":{"rendered":"SID Secure EFT Remains One of SA\u2019s Favourite Online Payment Alternatives to Credit Card"},"content":{"rendered":"\n

An ever increasing number of South African Internet users are enjoying the convenience of shopping online, with numbers set to climb to 5.3 million in 2014. Although our local e-commerce market continues to grow, some deep-rooted consumer concerns still linger. The latest MasterCard Online Shopping Behaviour Study<\/a> reveals that 90% of South African consumers cite the availability of secure payment facilities as their number one concern when making online purchases. This ever-present security concern has fuelled the growing popularity of online payment alternatives, such as SID Secure EFT.<\/p>\n\n\n\n

Even in today\u2019s tech-savvy world, many online shoppers still shy away from online credit card facilities because of the perceived risk of sharing their credit card details online. Others don\u2019t even have credit cards, or would like to avoid amassing credit card debt. These factors all contribute to the popularity of EFT as a secure online payment alternative. Traditional EFTs can however be a rather time consuming, manual process, which is where SID Secure EFT can make a world of difference.<\/p>\n\n\n\n

A SID payment is essentially an assisted EFT, which automatically links the shopper to their trusted Internet banking facility. SID Secure EFT pre-populates the payment details on the shopper\u2019s once-off payment page, so the payment amount, the merchant\u2019s bank account details, and references are already completed. This makes the payment quick and easy for the shopper and ensures that the payment details are 100% correct. Upon confirming the payment, the shopper is prompted to enter an OTP (one-time-pin) received from their bank, as with a normal EFT, in order to complete the payment. Once they\u2019ve logged out of their Internet banking, they\u2019re automatically redirected to the merchant\u2019s website, where they\u2019ll receive instant confirmation of their payment. This means there\u2019s no time wasted in sending through proof of payment and waiting for confirmation. The entire process is automated to ensure total convenience.<\/p>\n\n\n\n

The most important security advantage is that SID payments are subject to the comprehensive safety measures provided by the banking platforms of South Africa\u2019s most trusted banks. Furthermore, SID doesn\u2019t access or store any of the shopper\u2019s financial details and provides a 100% guarantee against unauthorised payments. Merchants who offer the SID payment method on their websites also enjoy the assurance that SID transactions are 100% guaranteed. With SID, the risk of loss associated with credit card fraud and chargebacks is a thing of the past.<\/p>\n\n\n\n

SID Secure EFT has grown from strength to strength since its inception in 2007, and is now considered one of South Africa\u2019s most popular online and mobile payment alternatives. Hundreds of South African websites offer the SID payment method, enabling their customers to complete their purchases with ease and with the peace of mind that their transactions are 100% secure.<\/p>\n\n\n\n

Get SID Secure EFT<\/a> on your website today!<\/p>\n","protected":false},"excerpt":{"rendered":"

An ever increasing number of South African Internet users are enjoying the convenience of shopping online, with numbers set to climb to 5.3 million in 2014. Although our local e-commerce market continues to grow, some deep-rooted consumer concerns still linger. The latest MasterCard Online Shopping Behaviour Study reveals that 90% of South African consumers cite […]<\/p>\n","protected":false},"author":13,"featured_media":11435,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"An ever increasing number of South African Internet users are enjoying the convenience of shopping online, with numbers set to climb to 5.3 million in 2014. Although our local e-commerce market continues to grow, some deep-rooted consumer concerns still linger. The latest MasterCard Online Shopping Behaviour Study<\/a> reveals that 90% of South African consumers cite the availability of secure payment facilities as their number one concern when making online purchases. This ever-present security concern has fuelled the growing popularity of online payment alternatives, such as SID Secure EFT.\n\nEven in today\u2019s tech-savvy world, many online shoppers still shy away from online credit card facilities because of the perceived risk of sharing their credit card details online. Others don\u2019t even have credit cards, or would like to avoid amassing credit card debt. These factors all contribute to the popularity of EFT as a secure online payment alternative. Traditional EFTs can however be a rather time consuming, manual process, which is where SID Secure EFT can make a world of difference.\n\nA SID payment is essentially an assisted EFT, which automatically links the shopper to their trusted Internet banking facility. SID Secure EFT pre-populates the payment details on the shopper\u2019s once-off payment page, so the payment amount, the merchant\u2019s bank account details, and references are already completed. This makes the payment quick and easy for the shopper and ensures that the payment details are 100% correct. Upon confirming the payment, the shopper is prompted to enter an OTP (one-time-pin) received from their bank, as with a normal EFT, in order to complete the payment. Once they\u2019ve logged out of their Internet banking, they\u2019re automatically redirected to the merchant\u2019s website, where they\u2019ll receive instant confirmation of their payment. This means there\u2019s no time wasted in sending through proof of payment and waiting for confirmation. The entire process is automated to ensure total convenience.\n\nThe most important security advantage is that SID payments are subject to the comprehensive safety measures provided by the banking platforms of South Africa\u2019s most trusted banks. Furthermore, SID doesn\u2019t access or store any of the shopper\u2019s financial details and provides a 100% guarantee against unauthorised payments. Merchants who offer the SID payment method on their websites also enjoy the assurance that SID transactions are 100% guaranteed. With SID, the risk of loss associated with credit card fraud and chargebacks is a thing of the past.\n\nSID Secure EFT has grown from strength to strength since its inception in 2007, and is now considered one of South Africa\u2019s most popular online and mobile payment alternatives. Hundreds of South African websites offer the SID payment method, enabling their customers to complete their purchases with ease and with the peace of mind that their transactions are 100% secure.\n\nGet SID Secure EFT<\/a> on your website today!","_et_gb_content_width":"","footnotes":""},"categories":[9,10],"tags":[],"class_list":["post-7464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-2","category-news"],"yoast_head":"\nSID Secure EFT Remains One of SA\u2019s Favourite Online Payment Alternatives to Credit Card - SiD Secure EFT<\/title>\n<meta name=\"description\" content=\"SID Secure EFT has grown from strength to strength since its inception in 2007, and is now considered one of South Africa\u2019s most popular online and mobile payment alternatives.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sidpayment.com\/sid-secure-eft-remains-one-of-sas-favourite-online-payment-alternatives-to-credit-card\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SID Secure EFT Remains One of SA\u2019s Favourite Online Payment Alternatives to Credit Card - 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