Cash payments are becoming less common in today’s digital world, and online calls replace personal meetings. Whether you run a large enterprise and process thousands of transactions daily or are beginning your entrepreneurial path, you always expect confidentiality, reliability, and precision from any service you use. Trust has become a key factor in every financial interaction.

Cybercriminals are becoming increasingly active with the widespread introduction of digital payments and the rapid rise of innovations in the fintech sector. They constantly exploit new vulnerabilities at various transaction stages and often gain access to entire customer databases.

At Luna Pay, we use advanced encryption, real-time fraud detection, and leading security standards to defend against the most sophisticated cyber threats. We designed our technology to protect every transaction and continue to monitor emerging security trends. We also use cutting-edge AI algorithms in our product to ensure the safety of your data.

Encryption: Where Protection Begins

Data encryption is a fundamental component of our security framework. Think of encryption as a digital vault that controls who has the right key to open it. At LunaPay, we use AES-256 encryption, the industry benchmark banks and governments rely on to protect your data.

What does the “256” in AES-256 stand for? It points to the 256-bit key length it uses. Accordingly, encryption provides a keyspace of 2^256 possible combinations that even skilled attackers with the newest equipment cannot brute-force.

Along with AES-256, we use the latest version of TLS 1.3 (Transport Layer Security) for data in transit. TLS 1.3 ensures secure encrypted communication between all users, websites, and payment processors involved in the payment. TLS 1.3 offers both stronger encryption and higher performance than previous iterations. The technology guarantees the safety of your data and prevents most interception attempts, thanks to the elimination of cryptographic algorithms that hackers could exploit. It also significantly reduces the time required for a secure connection.

PCI DSS Compliance: Built to Meet the Highest Standards

The LunaPay team is also confident in the security of each transaction due to compliance with PCI DSS Level 1, the top-tier certification standard in the payment industry. Visa, MasterCard, and American Express also follow these requirements.

Payment Card Industry Data Security Standard Level 1 proves that every client’s processing and all transactions through companies meet the highest level of security and follow strict rules.

Companies must regularly undergo audits and assessments to obtain this level, including searching for system vulnerabilities.

That’s why you can be sure of the security of your data storage and its maximum protection from hacking: We use the most advanced practices.

More Than Just Compliance: Additional Steps for Maximum Security

The Luna-Pay system analyzes all transactions and accounts in real-time, and our artificial intelligence constantly learns. It will automatically notify you of a suspicious transaction, such as an attempt to purchase an expensive item from a location new to your profile. Similar unusual activity will either be blocked immediately or require additional authorization and verification steps.

However, modern technologies alone are still not enough to prevent fraud today. As always, we cannot exclude the human factor from the equation. So here is a checklist of several steps for businesses that would like to protect themselves and reduce risks:

• Multi-factor authentication (MFA) adds a layer of protection by sending a one-time code to the user’s phone. This method is much safer than simply using a password to log into an account.
• Tokenization will allow you not to worry if the data falls into criminals’ hands. In this case, they will only receive useless unique identifiers instead of actual payment data.
• Secure API integrations will eliminate vulnerabilities when transferring payment information between different platforms.
• Training your staff in the basics of cybersecurity will also help you avoid threats such as phishing emails in messenger apps or via email.

Securing Every Step

When we created LunaPay LTD, we always considered security to be not just an option but the basis of the entire payment system. We prioritize this as we improve the product, implement more modern technologies, and strengthen security. You can always rely on us to protect your data and business, no matter how many transactions you conduct daily.