Chargebacks911 is urging merchants in the UK to understand and use reason codes in the light of newly released fraud statistics. Figures from Financial Fraud Action UK reveal that financial fraud losses grew by 26% in 2015.
Amazon Payments Partner Program is designed to help ecommerce platform providers and developers extend the trust and familiarity of Amazon Payments to their merchant customers.
Aside from the uncertainty regarding the longevity of these payment solutions, there is also the question of regional preferences. A solution which may be appropriate for one area of the world might not work at another. Before making a decision, let’s take a look at some of the payment options available at the beginning of 2016.
Vantiv and Cerdorax announced a partnership that bolsters the capabilities of Vantiv’s merchants to serve global consumers via card-not-present channels. Read why this relationship will allow Vantiv merchants to process and settle card payments in the local currencies of 34 countries.
Less than half (41.9%) of merchants who took the MCM Outlook 2016 survey said their ecommerce sites are set up for global business. And 37.8% of those who say their ecommerce sites are set up from global business say it’s because they have international payment offerings. In this video, Zooz’s Chester Ritchie talks about why merchants need to choose a payment platform that allows comfort for the cross-border shopper.
What are you doing on Tuesday, March 15 from 3:00 to 4:00 PM Eastern? Join Multichannel Merchant Managing Editor Tim Parry and PayPal Director of Global Cross-Border Trade Initiatives Melissa O’Malley for a Growing Global tweet-up.
Linio, Latin America’s largest ecommerce store, has selected Payoneer Inc. to power its payments to sellers worldwide. The partnership will provide international sellers access to the estimated $88 billion Latin-American ecommerce market through Linio’s 8 localized platforms, by allowing them to receive their funds using Payoneer’s payment solutions.
Visa Inc., has announced that its Visa Checkout will be further expanding its availability to several more countries, see which countries have made the cut and what this will mean for global merchants and customers.
China-based consumers shopping U.S. brands online through Alipay ePass has increased 8 times over last year. Check out this infographic highlighting this growth, as well as increases in sales, top categories, key demographics, and shoppers by region.
More and more retailers are discovering the wisdom of “going global” with their ecommerce strategies, and are launching localized websites into new international markets. It’s a smart bet. Done properly, … Continue Reading →