Authorised Push Payment (APP) Scams occur when an individual or a business is deceived into sending money directly to a fraudster impersonating a legitimate payee. The results are disastrous for those ingenious people who fall prey to them. Based on findings by UK Finance, it found a total of 66, 247 cases of APP fraud reported in the first part...
To say that the year 2020 was full of turmoil, both at a health and economic level is putting it mildly. With a surge of the world’s population confined to their homes for weeks and months on end, it is no wonder that digital traffic exploded at an unparalleled level. Around the world, people were suddenly dependent on the internet...
For any online retailer who desires to grow and stay on the path of online retail success, taking credit and debit card payments is an absolute must. The greatest challenge is determining the best payment processor. Choosing the wrong processor can result in paying exorbitant fees, lost revenue due to fraud, and lack of conversion due to security issues. Your...
Without a doubt, the pandemic has made dramatic shifts in consumer shopping behavior. Shopping almost exclusively online from the comfort, safety, and convenience of their home, consumers have pushed a new normal, driving countless retailers to move their operations entirely online in order to survive. Outside of the already ubiquitous online shopping experience, mobile shopping in the form of apps...
EMB is a leader in the high risk payment processing industry. As a sales agent, you can provide your clients with credit card processing services from top providers such as Global, First Data, TSYS, including 25+ banks and PSPs throughout the world. EMB offers important tips for merchant services agents to be on top of their sales game and wipe...
Brazil has become the next country to accept “Open Banking” and has spurred a new regulation that allows only licensed institutions to share valuable customer information. With these new rules, it allows banks, payment institutions, and other organizations that are licensed by the Banco Central do Brasil, to share (at the customer’s volition) transaction and registration data from legal entities...
Spreedly, a leading payments orchestration platform, has collaborated with Visa to broaden the adoption of network tokenization. They have teamed up to launch a program to extend the acceptance of “network tokenization” through Spreedly’s Payment Orchestration Solution throughout Latin America. They will initiate a project in Argentina and will then spread into other markets throughout the area. Why This Is...
When you decide to embark on the journey of launching your own online business, there is much to consider. The most important goal is having the capability of accepting credit payments. In order to make this happen, you will need to acquire an internet merchant account. Like any service you seek, you must be keen on knowing what you will...
Since the emergence of e-Commerce back in the 1990s, digital fraud has been a formidable foe for businesses. Unfortunately, this trend has not shifted, but only grown from strength to strength with every passing year. In a study conducted by Experian, it was found that the losses stemming from “fraudulent identities” grew from 51% in 2017 to 57% in 2019....
Shopify, one of the most popular eCommerce platforms for businesses, is offering its payments tool Shop Pay to merchants on Instagram and Facebook. By using Shop Pay, those merchants using Shopify to sell on Facebook and Instagram can use this payments tool for buyers to experience a more secure checkout. In the past, the only payment options available on social...
