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Digital Wallets: What’s Good for the Payments Industry is Good for Retailers…Right?

Retail TouchPoints

As the online payments industry continues to evolve, new digital wallet solutions, such as mobile payment apps and e-wallet platforms, are becoming increasingly popular and reshaping the way consumers transact. This reduction in fraud liability can result in significant cost savings for retailers.

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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. Second, mid-sized merchants often lack the necessary complex risk management systems used by larger digital commerce companies that would help thwart fraud.

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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.?.

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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.

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What retailers can learn from the 2021 holiday shopping season

Kibo

According to Statista, Amazon and eBay were the most visited eCommerce websites in 2021, but traditional retailers including Costco, Walmart, and Target ranked among the fastest-growing US companies based on online retail sales growth. Mobile commerce—or mCommerce—is a trend that’s not going away.

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Retail Technology in 2022: Streamline Your Retail Business With These Trends

Korona

Small and medium-sized business owners are constantly facing competition from large retail companies such as Walmart and Amazon. So keeping up with the latest retail technology is paramount to delivering an impeccable customer experience, managing a large inventory, and optimizing your ordering and pricing. Tables of Contents.

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5 Predictions About the Ecommerce Landscape in the Next Decade

ROI Revolution

Everyone knows that just a few major platforms have pretty much monopolized the majority of online traffic. For most online retailers, Amazon , Facebook , and Google are the only names in the game. With no universal standard across devices and browsers, streamlining the path to mobile conversions becomes difficult.