Dec 08, 2017

Three Cutting-edge Trends in E-commerce and What They Mean For Credit Card Fraud Prevention

The way we do business is gradually shifting towards fast, simple and convenient methods. While this is undoubtedly good for merchants and shoppers alike, it has also introduced new challenges regarding security and fraud. Here are three trends in e-commerce, and how they’re influencing the raging fight against online fraud. Instant Gratification These days, the one thing shoppers can’t tolerate...

Sep 14, 2017

The Importance of Payment Gateways for E-Commerce

If you’re running an e-commerce website, you can’t do without a payment gateway. A payment gateway can be characterized as the mediator between e-commerce sites and the payment processor. This system is required for secure payments authorization for your e-commerce website. Why Do You Need a Payment Gateway? Payment gateway systems can be viewed as the digital equivalent of credit...

Aug 04, 2017

Three Cutting-edge Trends in E-commerce and What They Mean For Credit Card Fraud Prevention

The way we do business is gradually shifting towards fast, simple and convenient methods. While this is undoubtedly good for merchants and shoppers alike, it has also introduced new challenges regarding security and fraud. Here are three trends in e-commerce, and how they’re influencing the raging fight against online fraud. Instant Gratification These days, the one thing shoppers can’t tolerate...

Jul 28, 2017

Consumer Attitudes About Ecommerce Security

In 2016, 15.4 million Americans were hit by online financial fraud, which was a 16% increase to $16 billion in stolen money. The fact that there was $1-billion climb from 2015 indicates that this type of fraud isn’t going to disappear soon, especially with the surging popularity of online shopping. What Do Numbers Show? According to pymnts.com, ecommerce fraud has...

Apr 27, 2017

Blockchain To Fight Counterfeit Fraud

China-based e-commerce giant Alibaba has teamed up with PwC, a multinational professional services network, to develop a system that could help minimize food fraud with the help of blockchain technology. As you know, the blockchain technology underlies Bitcoin. If Alibaba’s pilot program succeeds, blockchain is going to be used against a type of fraud that affects online marketplaces, specifically food....

Apr 13, 2017

Recent Report On Mobile Payments And Cross-Border E-Commerce

According to a global survey of 2.300 companies and consumers, fast-growing companies are more likely to embrace and accept mobile payments than those companies that experience slower growth. 43% of companies whose profits are growing by at least 11% offer a mobile app that supports payments. The same can be said about 34% of companies that have slower profit growth....

Feb 14, 2017

Why Every Online Retailer Should have a Merchant Account

Unlike physical stores, which can make use of traditional payment methods such as cash and checks, the only way customers can pay an online retailer is through a merchant account. Such an account enables the holder to accept payments in credit and debit card form. With multiple forms of payment at a merchant’s disposal, he or she can capture and...

Jan 17, 2017

US Retail E-commerce Was Expected To Account For $385 Billion In 2016

It is estimated that eCommerce sales will reach over $400 billion in the upcoming years. According to Forrester Research, they will account for $414.0 billion in sales in 2018. eMarketer says the amount will reach $491.5 billion in 2018. BI Intelligence, Business Insider’s premium research service, expected US B2C eCommerce to make up $385 billion in 2016 and predicted it...

Dec 22, 2016

How eCommerce Merchants Can Avoid Fraud

Online commerce has been growing steadily in the past years. Ecommerce is providing major benefits and advantages for merchants. As for consumers, they get the opportunity to enjoy a high level of comfort when making purchases anytime, anywhere. Fraudsters and scammers also try to benefit from the situation and make more money. Chip-based EMV cards create more difficulty for fraudsters...

Nov 22, 2016

E-Commerce Merchant Accounts Can Help a Struggling Business

While e-tailers are still doing business, some are finding that their business is slowing thanks to higher card fees and new industry regulations. While this is true for some, it should not decrease your business. There are many ways to keep your e-commerce business booming – namely an e-commerce merchant account. We all know that a merchant account helps us...