Visa recently announced forthcoming changes to its claims resolution process. Monica Eaton-Cardone, co-founder and COO of Chargebacks911, examines what these updates will mean for ecommerce merchants, and shares advice on how best to prepare for them.
PayPal and MasterCard announced an expansion on their existing partnership that will enhance the consumer experience making MasterCard a payment option within PayPal. See what options consumers and small businesses will have available to them with this new expansion.
PayPal and Visa have entered a strategic partnership and recently outlined a number of anticipated benefits from the collaboration. While industry observers suggest the move will expand PayPal’s acceptance at point-of-sale locations and drive more Visa transactions across PayPal’s digital payments platform, the ensuing analysis has primarily focused on the key implications for the payments industry and how the partnership is likely to impact consumers and merchants.
Online payments through digital wallets and debit/credit cards have been emerging as a preferred transaction mode in India, mainly due to ease of transaction, availability of smartphones and internet access, and enhanced security and encryption methods. Here’s how to make the most of this developing growth opportunity.
Worldpay is expanding in Australia after winning its license to process payments in what is one of Asia Pacific’s largest ecommerce markets. The company’s expansion in Australia comes at a time of sustained growth for Worldpay, which processed 13.1 billion transactions in 2015 valued at £401.9 billion (approximately $593.3 billion) in 2015.
So, you’re considering the move to a subscription-based commerce model. You’re in good company. Businesses and brands across the industry spectrum are transitioning to subscription or automated payment models to meet consumer preferences.
Cross-border solutions are expected to take center stage over the next four years, and a report shows the global ecommerce payment market will grow at a compound annual growth rate of 16.42% by 2020, according to the latest edition of the PYMNTS.com X-Border Payments Optimization Tracker.
Although the jury is still out as to whether the Summer Olympics in Brazil will serve as a vital lifeline or a costly folly, there is one aspect that inspires universal agreement: Olympic participants, hundreds of thousands of visiting fans, and even native Brazilians need to feel secure and comfortable when making purchases in a country well known for its credit card cloning activities. Here are several examples of how to win in the payment Olympics.
Large multichannel, ecommerce and mcommerce merchants experience between 707 and 880 fraud attempts each month, and upwards of 60% of those attempts succeed. Here’s why merchants need to effectively dispute unjustified chargebacks, but also assess and change practices that may be contributing to errors or approval of unauthorized transactions.
With mobile apps already constituting a key shopping platform, retailers are constantly searching for new and innovative ways to promote their wares effectively on this channel. See what retailers are doing to implement the in-app experience for customers.