Online shopping has grown year-after-year while becoming an increasingly important portion of total Q4 retail sales. Last Cyber Monday online spending in the U.S. alone exceeded $1.4 billion while the share of Black Friday sales occurring online has increased from 3.5 to nearly 7 percent since 2005. Online and multichannel merchants must make many preparations for the
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In a partnership with multiple payment providers Facebook is supporting the capability for consumers to conveniently auto populate billing and shipping information for online purchases made with select mobile apps. Depending on the success, this feature could roll out to more apps or even web eCommerce as an easier way for consumers to submit payment
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Amazon is reemerging as a third-party payment provider leveraging the hundreds of millions of Amazon buyers that already trust their payment credentials with the online titan by providing the option to “Login and Pay with Amazon” on other merchant’s eCommerce sites. Read More
A recent report from FICO found that the incidence rate of credit card fraud on U.S. issued cards increased by 17 percent over a nearly two-year period while card not present fraud grew at the fastest rate. Read More
Reverse look-ups, IP address checks as well as several other free and low-cost manual review tools and techniques that can be done by small businesses are the topic of this guest article written by a Certified eCommerce Fraud Professional. Read More
