Fraud is an inherent risk of accepting payments in eCommerce.
Beyond costly manual review, lost goods, and expensive chargebacks, the impact of fraudulent payments can also tarnish your reputation. Fortifying yourself against all potential attacks with a one-time inoculation is impossible because fraudsters continuously adapt.
How can merchants within the commerce ecosystem regain customer trust after high-profile data breaches?
It's not just the companies that were victims of a data breach that are impacted. Everyone in the ecosystem, everyone in the payment space, everyone in commerce is, in fact, impacted. To regain customer trust consider a three-pronged approach including: tokenization, fraud detection, and account updating.
What you don't know about your payments could hurt you.
Businesses today are competing for consumers and their payments like never before. Whether you process one-time or recurring payments, each one is so much more than a transaction. Every payment is a critical touch point in your effort to retain and grow your customer relationships.
What They Mean to Web Retailers
It's a busy time for online payment pros. Online payment systems are moving offline, retailers are offering new ways for shoppers to pay, consumer attitudes are shifting, the never-ending battle between criminals and fraud fighters goes on, and consolidation continues among companies that specialize in online payments and fraud prevention. This compilation of articles from Internet Retailer concisely summarizes the key developments and their implications for e-retailers.
Extend the Power of Your Payments Program
Interchange. Chargebacks. General Best Practices. You've likely already considered and implemented practical approaches focused on the operational issues surrounding payments acceptance in a card-not-present environment. So what's the next step? How can you optimize your payments program even further?
Download the free eBook and climb the steps to smarter payments.
The payments world is constantly changing and there’s a steady stream of new terminology that comes along with it.
That’s why we created a Payments Dictionary that defines emerging terms while providing definitions on some of the industry’s most standard words like Interchange, Authorization, and Chargeback.
So if you’ve ever wondered what a Chip Card is, why a Dongle is so important for mobile payments, or how Account Updater works, our Payments Dictionary can help answer your questions. Download your free copy today and get all of the payments definitions you need, right at your fingertips.