What is a secure payment method recommended for online retail transactions?

PayPal is considered a secure payment method for online retail transactions because it acts as an intermediary between the buyer and seller. This means that customers do not have to share their credit card information directly with retailers, which helps reduce the risk of fraud and identity theft. Additionally, PayPal offers buyer protection policies, which can cover unauthorized transactions and provide a safety net for consumers.

The platform uses encryption technology to secure financial details, making it a trusted option for many online shoppers. Its widespread acceptance among various online retailers also enhances customer convenience and confidence in using it for purchases.