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Category: E-payment & Data Security


E-payment & Data Security, Tech

Are ‘Buy Now, Pay Later’ Services Helpful or Harmful to Retail?

May 7, 2024

Via: RetailWire

In recent years, “buy now, pay later” (BNPL) services have surged in popularity, offering consumers the flexibility to make purchases and spread payments over time. While BNPL is touted as a convenient solution, the reality for some users has been […]


E-payment & Data Security, Tech

NRF objects to Visa-Mastercard settlement

May 1, 2024

Via: Retail Dive

A major trade group, the National Retail Federation, objected Friday to a landmark litigation settlement some merchants reached with the card networks Visa and Mastercard last month over past overcharges. The NRF, which represents thousands of U.S. retailers, told the […]


E-payment & Data Security, Tech

BNPL users report problems with overspending, missed payments: survey

April 12, 2024

Via: Retail Dive

Bankrate’s research offers some insight into which demographics are gravitating toward BNPL platforms. While consumers with an annual household income of $100,000 or more made up the smallest group of BNPL users (39%), consumers earning between $80,000 and $99,999 made up […]


E-payment & Data Security, Tech

Ballooning credit card balances already loom over 2024’s retail sales

March 18, 2024

Via: Retail Dive

Retail sales in January and February indicate a possible pull-back in consumer spending, which some analysts warn is due at least in part to burgeoning credit card debt that could continue throughout the year. Retail sales in November and December, […]


E-payment & Data Security, Tech

Guarding the Retail Fortress: Cybersecurity Challenges and Network Interruption Risks

February 27, 2024

Via: Retail TouchPoints

In the last several years, retailers have increased the speed with which they have built online and mobile app presence. With this evolution into digital sales and the increased use of data mining, retailers are facing unprecedented challenges in digital […]


E-payment & Data Security, Tech

How to Improve Digital Privacy and Trust Between Consumers and Companies

February 26, 2024

Via: Retail TouchPoints

In the U.S., the past year was the most active to date for passing state-by-state data privacy laws. Following suit with GDPR and other jurisdictions globally, the U.S. is weighing national data privacy and security regulation to help companies keep […]


E-payment & Data Security, Tech

Why Is Online Cart Abandonment So Stubbornly High?

February 26, 2024

Via: RetailWire

Surprise shipping fees, lengthy delivery, security concerns, and a cumbersome checkout process are just some of the long list of reasons for online cart abandonment. Statista reports that online cart abandonment has been climbing steadily since 2014, reaching 70% in […]


E-payment & Data Security, Tech

Why Backend Orchestration is the True Payment Experience Unlock

January 26, 2024

Via: Retail TouchPoints

The seamless nature of digital commerce has inspired consumers to expect more from the payment experience everywhere they shop — online, in-store and even via social channels. But although brands have invested heavily in functions like product discovery, merchandising and […]


E-payment & Data Security, Tech

Protecting Customer Data: A Comprehensive Guide For Retailers

January 16, 2024

Via: Lightspeed

Data is the new currency—this has been one of the most popular corporate maxims in the last few years. It’s true data has allowed businesses to offer personalized services, but it has also exposed a fatal flaw. When you consider […]


E-payment & Data Security, Tech

Mastercard Is Redefining Personalized Retail Experiences With Dynamic Yield

December 18, 2023

Via: RetailWire

In the ever-evolving world of retail, personalization has moved from a nice-to-have to a must-have. In response to this shift, Dynamic Yield by Mastercard recently launched Shopping Muse, a cutting-edge artificial intelligence (AI) tool that’s refreshing the way consumers discover […]


E-payment & Data Security, Tech

Digital Revolving Credit: A Potentially More Responsible Financing Option than BNPL

November 27, 2023

Via: Retail TouchPoints

As the CEO of FuturePay, I’d like to shed light on some of the benefits of digital revolving credit over buy now, pay later (BNPL) options. Digital revolving credit is an ecommerce financing option that allows users to instantly open […]


E-payment & Data Security, Tech

Ad Fraud in a Challenging Economy: Optimizing Digital Advertising to Deliver Real-World Results

November 10, 2023

Via: Retail TouchPoints

As consumer spending dips, retailers and ecommerce businesses are facing a perfect storm that is impacting their digital advertising ROI. They are being challenged with growing ad fraud in digital campaigns and a slowing economy. The result is a growing […]


E-payment & Data Security, Tech

The Holiday Season’s Cybersecurity Crisis: Why Retailers are Under Heightened Pressure

November 9, 2023

Via: Retail TouchPoints

The holiday season presents a lucrative opportunity for online retailers to finish the year on a high note; however, various factors pose threats to online businesses. According to the IBM Cost of a Data Breach report, the global average cost […]


E-payment & Data Security, Tech

Shining a Light on a Growing Ecommerce Threat: Chargeback Fraud

November 1, 2023

Via: Retail TouchPoints

As online commerce continues to surge, chargeback fraud victimizes more and more retailers. Experts report that chargebacks will cost merchants over $100 billion in 2023, and false claims and abuse of the chargeback process are a growing threat to merchants. […]


E-payment & Data Security, Tech

Unlocking Commerce: The Win-Win of Dynamic Currency Conversion

October 30, 2023

Via: Retail TouchPoints

As we navigate the complexities of global commerce, the need for efficient and transparent international transaction methods becomes increasingly apparent. One such payment option that has demonstrated its effectiveness in streamlining these transactions is Dynamic Currency Conversion (DCC). DCC is […]


E-payment & Data Security, Tech

PayPal Offloads Happy Returns to UPS

October 26, 2023

Via: Retail TouchPoints

UPS has agreed to acquire reverse-logistics solution Happy Returns from PayPal for an undisclosed amount. The deal is expected to close in the fourth quarter of this year. Happy Returns offers box-free, label-free returns for more than 800 merchant partners […]


E-payment & Data Security, Tech

Adobe Holiday Forecast: Sales Up 4.8% Amid ‘Never-Before-Seen’ Discounts, More BNPL Usage

October 5, 2023

Via: Retail TouchPoints

Adobe expects U.S. online holiday sales to hit $221.8 billion this holiday shopping season (defined as Nov. 1 to Dec. 31), representing 4.8% growth year-over-year. Strong consumer spending continues to be driven by net-new demand and not just higher prices, […]


E-payment & Data Security, Tech

Is It Time for a Cashless Society in the US?

August 28, 2023

Via: RetailWire

Are you ready to live in a cashless society? CBS News reports that a Los Angeles councilwoman introduced a motion this month that aims to ban any retail business that refuses to take cash payments. The councilwoman’s concern is that […]


E-payment & Data Security, Tech

Digital Wallets: What’s Good for the Payments Industry is Good for Retailers…Right?

July 5, 2023

Via: Retail TouchPoints

As the online payments industry continues to evolve, new digital wallet solutions, such as mobile payment apps and e-wallet platforms, are becoming increasingly popular and reshaping the way consumers transact. As new payment options continue to gain traction, traditional payment […]


E-payment & Data Security, Tech

PayPal to invest in threat prevention developer

May 3, 2023

Via: Charged

PayPal is set to invest in threat prevention developer, Deep Instinct, which is the first organisation to apply deep learning to cybersecurity. PayPal Ventures joins existing investors which includes Black Rock, Chrysalis Investments, Millennium, Unbound, Untitled Investments, The Tudor Group […]