Breaking News
News

MultiSafepay Supports 20,000 SMEs—But Are Online Payments Safe Enough?

3 min read

In the digital economy, seamless payments are important for business and personal financial growth. MultiSafepay (MSP) is a leader in online payments, now supporting more than 20,000 small and medium-sized enterprises (SMEs) across Europe.

This latest milestone has been reached less than a year after the Amsterdam-based provider integrated with Atom, the technology section of Ant International. This integration catalyzed an 11% jump in merchant sign-ups and a 44% increase in year-on-year transactions.

The numbers are highlighting a bigger trend: the digital transformation of SMEs is accelerating, and payment processors are a key part of this shift. MSP's platform supports over 40 local and international payment methods, including bank cards, e-wallets, and Buy Now Pay Later options. Companies can now experience faster, smoother, and more flexible transactions, both online and in person.

However, the increase in popularity of digital payment methods is raising concerns around security and safety online. With more businesses, including e-commerce stores and subscription websites, processing payments online, the safety of customer data is critical.

Dutch consumers are familiar with the importance of secure digital payments across industries and merchants, including online casinos. Online casinos deal with large amounts of euros each day, and users are looking for casinos that adhere to strict licensing and encryption standards to ensure their data is protected. For a comprehensive list of casinos that partner with secure payment processors, see here. These platforms show exactly how advanced payment solutions can establish trust and safety in environments with high payment volumes.

However, many consumers are wondering if the same levels of security can be guaranteed across SME payments.

MSP has shown itself to be great at scaling operations, but security remains a constant challenge. Criminals and hackers target SMEs because they've got less secure systems than large global corporations.

A secure payment system must be built on several factors:

Encryption (using SSL or TLS protocols)

Reliable payment gateways

Compliance with global and local data protection standards like the Payment Card Industry Data Security Standard (PCI DSS)

By integrating with Antom, MSP appears to be meeting these requirements. Its solutions include the use of smart POS devices that function as more than just payment processors, they also serve as operating systems to ensure secure business management. Its payment infrastructure is also built to reduce friction and improve fraud detection and prevention.

However, cybersecurity experts warn that all payment systems have vulnerabilities. One of the biggest areas of concern is the checkout process, where card-not-present fraud is a threat. The safest payment systems make use of two-factor authentication, Card Verification Value (CVV) requirements, and biometric verification. MSP should ensure that these same standards are applied universally across its network.

The popularity of digital wallets is also making security more complex. Although e-wallets have built-in security features like not storing card data and requiring authentication before making a payment, they must work with external systems. A weak link can compromise the transactions. For international merchants, challenges can increase. Cross-border transactions and foreign data policies make it more challenging to maintain end-to-end payment security.

MSP hopes to stay ahead of emerging cybersecurity threats. According to Olaf Geurs, CEO of MultiSafepay, "We expected to exceed our 2025 growth projections given current strong numbers and deepened partnership with Ant International... MultiSafepay's momentum underscores the value of our collaboration in empowering businesses to succeed in today's fast-evolving world."

However, confidence must be earned. Businesses are migrating to online systems, and consumers are becoming more aware of where they're sharing their financial information. Payment providers like MSP must be able to grow fast and securely to meet these needs.

Starting at /week.