P2PE for Merchants
Security is a top priority for merchants. Maintaining high levels of security is essential for avoiding fraud and keeping cardholder data secure. Evidence that you are meeting high security standards boosts customer confidence, increasing your sales and keeping customers loyal to your brand. P2PE is one effective security solution that is used to keep cardholder […]
The 3 Most Common Types of Chargebacks and How You Can Prevent Them
According to the LexisNexis 2016 True Cost of Fraud study, online merchants report that 49% of fraud-related revenue loss is a direct result of chargebacks. By beginning to understand online fraud and why chargebacks occur, you can take steps to keep them from happening, which will save you time and money. But before we tell […]
Why Direct Pay Online is the Ultimate Payment Service Provider for Hotels
The global hotel and resort industry generates $864 billion in annual revenues from its over 700,000 hospitality businesses, according to a 2016 report by Ibis World. The industry is highly competitive with players vying for higher market shares and increased profits. Direct Pay Online (DPO), a leading payment service provider (PSP) in the travel and […]
How Olympic Champions Would Mitigate the Risks of Online Fraud
I am an Olympic enthusiast. Every four years, I get eager, excited, emotional, and enthusiastic cheering on my nation and my favorite athletes. I love the sportsmanship, the camaraderie, the adrenaline rush, and the sense of national pride. David Rudisha, Jemima Jelagat Sumgong, and Faith Chepngetich Kipyegon: our runners make me proud and having watched […]
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 […]