When it comes to gaining new customers and converting sales, there are several features and signals that a website can include make potential buyers more comfortable with purchasing from a website or brand they may not be familiar with or have never purchased from before. From upfront company and return policies to a social media
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Government leaders claim that the lack of authority for collecting sales tax with many online purchases costs the U.S billions each year, and to address this issue the United States Senate included a measure allowing state and local governments to collect sales tax directly from online purchases as part of their budget resolution. Read More
The three major shipping couriers in the United States, the US Postal Service, UPS and FedEx, are all raising their rates in 2013. How merchants will respond to these price changes and whether or not the increased shipping costs will damper online sales growth in the United States are important implications for eCommerce in 2013
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In preparation for the upcoming legislative session multiple bills have been drafted that seek to change current tax laws requiring all eCommerce businesses to collect tax at the point of purchase in the United States. Read More
The U.S. Supreme Court will soon decide the final ruling on a case between a book publisher and eBay seller, and while this individual case may not seem too important it could have far-reaching effects for eCommerce auction and marketplace sellers and websites. Read More
Analyzing around 1 billion transactions placed with U.S. eCommerce merchants and where they originated during the first quarter of 2012, fraud solution provider ThreatMetrix tallied a list of the top U.S. cities where fraudulent transactions are attempted online. Consider taking a closer look at transactions originating from these locations: Read More
A recent study utilizing a sample of eCommerce transactions since 2007 found that consumers were willing to spend almost twice as much more per item purchased when shopping online in 2011. Read More.
Using online sales on Black Friday and Cyber Monday as a leading indicator for the percentage of retail sales that will be made online in the United States during the fourth quarter The Fraud Practice estimates 6.02 percent of total retail sales in the United States to be transacted online during Q4 2011. See the
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Welcome to The Fraud Practice’s FraudBlog; your source for updates on current events, commentary and best practices related to the eCommerce CNP payments and fraud industry. Be sure to signup to see all of our content to include our free monthly FraudBlog Newsletter.
