4 Best Practices for Securing a Payment Page and Protecting Customer Privacy
With online sales expected to grow to more than $400 billion within the next two years, you need to make sure that you accept online payments via a payment page that is totally secure and protects customer privacy. Ecommerce allows you to be present 24 hours a day, every day of the year, so […]
PCI DSS Compliance: The 4 Most Important Things Merchants Need to Know
The breach or theft of cardholder data affects all parties involved. Customers immediately lose trust in merchants or financial institutions, and their personal credit can be negatively affected. Merchants and financial institutions lose credibility and in turn, customers – and they may also subject to numerous financial liabilities. In order to protect merchants and their […]
Understanding Online Fraud and How to Mitigate the Risks – Part 2
In our previous blog post, we discussed a few methods and scams used by online fraudsters specifically in the travel industry. Today, we will discuss in more detail the common best practices for effectively minimizing the fraud risks merchants face in the world of ecommerce. Using a secure credit card processor is an efficient […]
Understanding Online Fraud and How to Mitigate the Risks – Part 1
The ecommerce industry is growing by leaps and bounds. In 2016, global B2C ecommerce sales are expected to reach US$1.92 trillion. But with this continued growth, fraudsters are looking for new ways to violate online businesses and consumers. About 75% of travel and tourism companies were victimized by online fraudsters in the previous year. Avoiding […]
Is 3D Secure Right for Your Business?
Everything You Need to Know About Chargebacks
Merchants accepting online and mobile payments are constantly concerned about credit card fraud and chargebacks. You can protect yourself, as a business owner, by learning about the different types of fraud and what chargebacks are, as well as what the chargeback process is, and what you can do to help your business avoid them. One of the best ways merchants […]
The Key to Preventing Chargebacks
For online merchants, accepting credit cards over the phone, or via digital transaction, is a standard operating procedure, but not without certain risks. Chargebacks are a primary concern for businesses that conduct e-commerce, and they can be very expensive due to lost sales and stiff penalty fees. Chargebacks can happen for any number of reasons. […]
PCI DSS in Africa
Global credit card fraud is on the rise. According to Nilson Report, payment card issuers, merchants, and their acquiring banks lost $11.27 billion to fraud in the calendar year 2012. The Payment Card Industry Data Security Standard (PCI DSS) was created to combat the escalating occurrence of fraud globally by increasing controls around cardholder data […]
Fraudulent Emails Alert!
Dear Providers, We would like to alert you about scam emails going around in the last few days. Please lookout for the below traits in each email. If you receive the below patterns: – Someone requesting to pay on behalf of another person. – Requesting you to send the commission via – An agent using […]
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