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Digital Commerce and the Threat of Card-not-present Fraud

BigCommerce

Digital commerce continues to be top of mind for online retailers. Retailers continually optimize their sales channels to deliver more seamless consumer experiences. First, fraudsters likely see mid-sized merchants as having enough revenue and customer volume to make attacks worthwhile. Take digital commerce, for example.

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Deloitte Predicts Exceptionally Strong Sales for the 2018 Holidays

ChannelAdvisor

By the time all the gifts had been opened and celebrations were winding down, online sales had increased nearly 15% to hit a record of $108.2 That’s a 25% increase over 2017’s projected $1,226, which itself had been a 23% jump from the preceding year. Online Spending Continues to Outpace In-Store Buying. Not sure where to start?

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eCommerce Fraud Trends Every Online Store Owner Should Know

lateshipment

Unfortunately, the same goes the other way around : If you can defraud an eCommerce business for one dollar, you can defraud them for a million. Juniper Research estimates that retailers stand to lose $71 billion globally from fraudulent card-not-present transactions between 2017 and 2022. Hacking Alternative Payment Options.

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The History of Ecommerce: What The Past Says About Tomorrow’s Retail Challenges

BigCommerce

In fact, growth projections estimate that by 2022, ecommerce revenues will exceed $638 billion in the U.S. Globally, ecommerce growth projections are also on an upward trajectory: They show that retail sales may exceed $4.058 trillion by as soon as 2020. . 1998 PayPal launches as an online payment system. is founded.

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How Coronavirus (COVID-19) Is Impacting Ecommerce [December 2021]

ROI Revolution

Cyber Monday was the biggest day of Cyber Week for online spending. Consumers spent nearly $2 billion more on Cyber Monday compared to Black Friday, bringing the online-centric shopping event to a total of $10.7 billion in revenue. Revenue from ecommerce is expected to reach $469.3 million in 2017. million by 2022.

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How Coronavirus (COVID-19) Is Impacting Ecommerce [January 2022]

ROI Revolution

in 2021, making up for some brick-and-mortar revenue lost around the onset of the pandemic. of all retail sales. Connected TV ad revenue is rising in light of the pandemic, with Hulu leading the way among streaming providers at $3.1 Total retail sales will reach a record $5.86 billion in revenue. million in 2017.

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How Coronavirus (COVID-19) Is Impacting Ecommerce [November 2021]

ROI Revolution

After surging nearly 20% last year in light of the pandemic, US retail ecommerce is expected to see smaller but still significant 8.7% Revenue from ecommerce is expected to reach $469.3 US retail ecommerce revenue was just $285.9 million in 2017. Consumer electronics saw nearly 16% revenue growth last year.