Archive for March 4, 2016

Is Online Shopping As Safe As You Think?

Written by Wall Street News on March 4th, 2016. Posted in Card not present transaction process, Merchant account providers, Moto transaction type

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If you are in retail or other sales, then you know that the future of business is online. On any given day, global e-commerce sales generate around $1.2 million USD every 30 seconds, and that number is expected to keep rising. In a 2015 report, research firm Juniper Research predicted that the number of online and mobile purchases will only continue to grow and is expected to reach up to 125 billion transactions a year by 2018.

All of that change to how consumers shop doesn’t come without a price, however. When money and goods become 1′s and 0′s, shoppers can lose the sense of security that can come with a brick and mortar storefront. In a recent consumer habits survey, 6 out of 10 consumers reported feeling worried or concerned about credit card and debit card fraud when shopping online. If you’re an