What can be done to enhance security in online payment transactions?

Implementing end-to-end encryption is a crucial measure to enhance security in online payment transactions. This technology ensures that data is encrypted from the moment it is transmitted from the customer's device until it reaches the payment processor. As a result, even if the data is intercepted during transit, it remains unreadable to unauthorized parties. This secure communication protects sensitive information, such as credit card numbers and personal details, from potential cyber threats.

The other approaches do not contribute effectively to transaction security. Using generic usernames and passwords weakens security since they can easily be guessed or discovered by attackers. Limiting payment options to one method does not enhance security and may reduce user convenience and trust. Encouraging customers to share sensitive information is highly insecure and goes against best practices for safeguarding personal data. Overall, end-to-end encryption is a robust solution to protect transaction integrity and consumer trust in online payments.