article thumbnail

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. Some estimates project that global ecommerce sales will reach $4 trillion by the year 2020. Mobile payments are also making an increasing impact.

article thumbnail

7 Brands Discuss the Benefits of the New Cashless Economy and Apple Pay’s Growing Ubiquity

BigCommerce

The Evolution of Mobile Payments: A brief history of mobile payments, according to TechCrunch : 1983: David Chaum, an American cryptographer, starts work on creating digital cash by inventing “the blinding formula, which is an extension of the RSA algorithm still used in the web’s encryption.” 2008: Bitcoin is invented.?.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What retailers can learn from the 2021 holiday shopping season

Kibo

Total retail sales increased by 14.1%, the highest jump in decades, thanks, in part, to shoppers returning to physical stores. There was also a sharp increase in retail sales in November compared with previous years. According to data from Earnest Research, November sales were up 9% versus 2020. in December, with 8.4

article thumbnail

3D Secure 2.0 and Magento: All You Need to Know to Keep Selling to EU Customers

Onilab User Guides

The final push that moved the initiative from talks to action was the introduction of the Payment Services Directive 2015/2366 version 2.0, PSD2 introduced a new security standard for online retail, SCA (Secure Customer Authentication). The deadline to integrate SCA pushes payment processors to build in 3DS2 support faster.

Magento 56
article thumbnail

Amazon Pay Review (Oct 2020) – Everything You Need to Know

Ecommerce Platforms

Although Amazon Local Register is also discontinued, Amazon Pay doesn’t seem to offer a direct replacement for this mobile payment service. Amazon Pay, or Amazon Payments, is popular because, like PayPal, it’s very easy to sign up and integrate the system into your website. We’d recommend giving it a try.

article thumbnail

Best Retail POS Systems for 2020

Ecommerce Platforms

What To Look For When Choosing The Best Retail POS Systems. Retail POS Software Features. 9 Best Retail POS Systems In 2020. #1: 1: Square for Retail. #2: 3: Lightspeed Retail POS. #4: What Is A Retail POS System? 9 Best Retail POS Systems In 2020. Mobile payments.

POS 118
article thumbnail

Best POS Systems for Retail 2020

Ecommerce Platforms

What To Look For When Choosing The Best Retail POS Systems. Retail POS Software Features. 9 Best Retail POS Systems In 2020. #1: 1: Square for Retail. #2: 3: Lightspeed Retail POS. #4: What Is A Retail POS System? 9 Best Retail POS Systems In 2020. Mobile payments.

POS 104