Online payment fraud losses to exceed $206 billion over the next five years; driven by identity fraud

Retail Technology Review

A new study from Juniper Research has found that merchant losses to online payment fraud will exceed $206 billion cumulatively for the period between 2021 and 2025. This figure, equivalent to almost 10 times Amazon’s net income in the 2020 financial year, demonstrates why merchants must make combatting fraud, through the use of machine learning-based fraud prevention platforms, an immediate priority. Surveillance and Security Internet Retailing Critical Issues

Best Payment Gateways For UK Businesses (2021)

Ecommerce Platforms

If you're a UK entrepreneur who's laying the groundwork for their online business, you may have already started researching payment gateway providers. This begs the question: what are the best payment gateways for UK businesses? Shopify Payments. Deferred payments.

Insiders

Sign Up for our Newsletter

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

Top Payment Gateway Providers

GetElastic

Your chosen payment isn’t accepted and no matter what you do, you keep getting an error. A key element of this experience is powered by digital commerce payment vendors and a key aspect of payment vendors are payment gateways. What is a Digital Commerce Payment Vendor?

SaaS Payment Processing: 10 Questions to Ask When Comparing Solutions

FastSpring

What makes a company choose one SaaS payment processing provider over another? But we wanted to hear directly from technical founders and software developers about what you look for in a SaaS payment processing service. How does the provider protect against payment fraud?

Make Payment Optimization a Part of Your Core Payment Strategy

Everything you need to know about payment optimization – an easy-to-integrate, PCI-compliant solution that enables companies to take control of their PSPs, minimize processing costs, maximize approval rates, and keep control over their payments data.

Braintree Payments Reviews (Nov 2020) – Everything You Need to Know

Ecommerce Platforms

Here we look briefly at Chicago-based Braintree Payments, highlighting some of the features a merchant might consider when picking a payment processor. The primary and most affordable option is to use a Braintree merchant account, which includes payment gateway access.

What’s PayPal Recurring Payments?

Ecommerce Platforms

If you're looking for a way to create subscription plans for your products or services quickly , then it's well worth considering PayPal Recurring Payments. What's PayPal Recurring Payments? How Much Will PayPal Recurring Payments Set You Back?

PayPal 104

Where Payment Processing Systems Are Headed In 2020

Retail TouchPoints

market for payment systems is complex. We have over 21 million businesses, and every one of them needs some form of a payment processing solution. Payment processing is complex. However, payment technology is perhaps the best it’s ever been. their payments.

Why Retailers Need Cloud-Native Payment Orchestration: 5 Tips to Flexible, Scalable, Customized Payment Infrastructure

Retail Touch

Why is payment orchestration suddenly getting so much attention? Payment orchestration is no longer optional. Surprisingly, how retailers manage and handle payments has not changed; it’s decisively stuck 20 years in the past. A No-Win Payments Scenario.

How SEPA Direct Debit Payments Help Software Businesses Reach European Buyers

FastSpring

If you sell software internationally, you know how difficult handling cross-border payments can be. From making sure you display the right currencies for each region to supporting your customers’ preferred payment methods, global commerce can come with its fair share of challenges.

The Importance of PCI Compliance and Data Ownership When Issuing Payment Cards

This eBook provides a practical explanation of the different PCI compliance approaches that payment card issuers can adopt, as well as the importance of both protecting user PII and gaining ownership and portability of their sensitive data.

Ecommerce Payment Processing 101: A Beginner’s Guide for Small Businesses

BigCommerce

You’ve created and sourced your products, you’ve built an awesome website, and now it’s… Ecommerce Technology Payment processingOpening your ecommerce store is exciting.

Payment Gateways: Keeping Your Ecommerce Transactions Safe

BigCommerce

Payment gateways online have never been so convenient. … PaymentsThey’ve also never been such an important target for hackers and scammers.…

The Best Payment Gateways for Shopify: 10 Options for 2021

Ecommerce Platforms

The best payment gateway for Shopify is the solution which allows business owners to sell products and services online. A payment gateway for Shopify will give your customers a quick and easy way to purchase the things they want from your store. with every payment.

Best Recurring Payment Systems (Oct 2020)

Ecommerce Platforms

Whether you're launching a subscription-based product or service, setting up customer payment plans, or conducting ongoing work for your clients, you'll want the best recurring payment system for your budget. Processing automated payments via credit card is also free.

How to Avoid the Pain and Cost of PCI Compliance While Optimizing Payments

Speaker: P. Andrew Sjogren, Sr. Product Marketing Manager at Very Good Security, Matt Doka, Co-Founder and CTO of Fivestars, and Steve Andrews, President & CEO of the Western Bankers Association 

In this webinar, we have a great set of panelists who will take you through how Zero Data strategies can be used as part of a well-rounded compliance and security approach, and get you to market much sooner by also allowing for payment optimization. They’ll share how to grow your business faster and minimize costs for both security and compliance

The Complete Guide to Shopify Payments

SellBrite

When paying for products, customers prefer stores that make the payment process easy and smooth. So the importance of having a payment gateway that makes checking out uncomplicated cannot be overemphasized. That’s where Shopify Payments comes in. What is Shopify Payments?

Best WooCommerce Payment Gateways For Your Store 2021

MakeWebBetter

WooCommerce payment gateways are necessary sure shots for your online store. That is to say, the payment procedure is a very crucial step in final conversion. The post Best WooCommerce Payment Gateways For Your Store 2021 appeared first on MakeWebBetter.

Foot Locker to Offer New Payment Options In-Store

Retail Touch

The specialty athletic retailer has partnered with FreedomPay to deploy its Next Level Commerce platform across its domestic store network, giving customers the option to pay via contactless payment methods and digital wallets including PayPal/Venmo.

3 Post-COVID Benefits of Contactless Payments for Retailers (and 3 for Customers)

Retail Touch

Contactless payments skyrocketed in popularity during the COVID-19 pandemic while cash payments plummeted. However, the trend toward touchless payments doesn’t end with easing of transmission fears and the lifting of restrictions. Greater payment flexibility.

Difference between pure and hybrid E-commerce payment models

Ecommerce Guru

Pure Payment Model Introduction & Meaning The Pure Payment System is a link based payment solution. By using this system, the merchants can make payments through phones and fax machines. This kind of payment system is popular in the hospitality sector in the world.

10 Best Payment Gateway Providers

GetElastic

Your chosen payment isn’t accepted and no matter what you do, you keep getting an error. A key element of this experience is powered by digital commerce payment vendors and a key aspect of payment vendors are payment gateways. What is a Digital Commerce Payment Vendor?

4 Trends Shaping The Payments Landscape In 2019

Retail TouchPoints

By Ro Bhatia, LimeLight The payments industry is transforming. Open technology and regulations mean consumers have more options for payments and banking. Here are four trends that are revamping how the payments industry affects retailers and consumers alike: 1. Payments Drive Digital Experiences For Brands (And Consumers) Payments are no longer just infrastructure: they are becoming a crucial digital experience factor.

Retailers become more comfortable with contactless payments

TalkingRetail

Barclaycard Payments, who handles half of all contactless transactions in the UK, has processed more than 25 million contactless payments up to the new limit of £45 in the UK since the limit was raised on 1 April 2020.

Everything You Need to Know About WordPress Payment Processing

BigCommerce

Bringing in sales is important for any ecommerce store, but an aspect that’s often overlooked is how to bring the… Ecommerce Technology Payments

The Ecommerce Payment Processing Guide: The Key to More Conversions

Omnisend

Choosing an ecommerce payment processing solution is one of the essential tasks when launching a store. Finding a suitable payment solution isn’t the only important step that store owners need to do before launching their ecommerce store, of course—but it might be the most important.

Everything You Need to Know About WooCommerce Payment Gateways

SellBrite

The average rate of cart abandonment among shoppers is 69.8%, and of the reasons given, 6 out of 10 are related to payments, according to Baymard Institute. However, once the buyer has decided to purchase, there comes the next all-important step — payments. Range of payment options.

Card payment services market doesn’t work well for smaller retailers, report finds

TalkingRetail

Many small and medium retailers “may not be getting a good deal” from the card payment services market, a new report reveals. Industry News Card Payment Services card payments convenience stores Payment Systems Regulator

Ensuring your payment processes are ready for the omnichannel customer

Retail Dive

As retailers look forward to this upswing in purchasing, they must be prepared with the right payment options for the omnichannel customer

Local Payment Methods: The Key To Unlocking Global Commerce

Retail TouchPoints

The world of payments is one of the most innovative and fastest growing industries across the globe. The world is starting to feel smaller and thanks to the innovations in payments, we are entering an era of untapped potential for consumers and merchants alike. This void of knowledge around the various types of payments preferred worldwide, and how to properly offer these payments to global consumers, is holding back many merchants.

Starbucks, 7-Eleven Expand Contactless Payment Options

Retail Touch

As COVID-19 has accelerated the trend away from cash payments to mobile and other contactless methods, Starbucks and 7-Eleven have both expanded their mobile payment options. Customer Experience News Briefs Mobile Commerce Loyalty Payments starbucks 7-Eleven starbucks rewards 7NOW app

Best Payment Gateway for WooCommerce (Jan 2021): Which Ones Are Superior?

Ecommerce Platforms

If you decide that WooCommerce is your best bet (for its excellent functionality and superior content creation tools,) you'll want to look for the best payment gateway for WooCommerce. It's no easy task, considering there are hundreds, if not thousands, of payment gateways to choose from.

It's time to make payment processing part of your customer experience

Retail Dive

Learn why legacy payment systems no longer meet today's shoppers' demands for great customer experiences

New consumer tech gadgets modernize payments

Retail Dive

As technology evolves, so do modes of payment. Consumers are migrating to more advanced tech payment tools like wearable devices, connected cars and in-home systems, a new study finds

Payments in 2021: What Lies Ahead After the Digital Boom

Retail Touch

It has been a year of momentous change for the payments industry. For instance, cash usage waned even further this year amongst fears around the pandemic, leading to a coin shortage across the country that had many merchants pointing consumers to digital payments if they lack exact change.

GameStop, Express, Saks OFF 5TH Add Installment Payment Options

Retail Touch

GameStop is partnering with Sezzle , and Express and Saks OFF 5TH are both partnering with Klarna to offer the option to shoppers of paying for their purchases in four equal, interest-free payments. News Briefs Payments express gamestop klarna payments saks off 5th sezzle

Payment Providers Partner to Offer Buy Now, Pay Later Service

Retail Touch

We wanted a way of offering our customers more flexibility through payments, as we know giving our customers the choice to pay in a way that suits them drives on-site conversion,” said Bryony Longden, Senior Ecommerce Manager for Hunter in a statement.