As a business owner, you’re likely already aware of the PCI compliance rules governing payment data security. However, payment information isn’t the only thing worth protecting from fraud and abuse. In fact, there exists a host of data protection laws around the globe designed to safeguard sensitive personally identifiable information (PII). These privacy acts are becoming increasingly important given the speed and ease with which we send, receive, and store data in the digital world.
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Topics:
E-Commerce and Online Payments,
PCI Compliance and Fraud Prevention,
Small Business Tips,
Enterprise Business Tips,
Consumer Education
Even with a holiday shopping season that has been calculated as more than a week shorter than past years, estimates point to record holiday revenue. That means more opportunities to grab your share of the sales. Here are some of the holiday shopping revenue predictions, along with what you can do to tap into them as a small business.
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Topics:
Due.com Partner Posts,
Mobile Payments,
E-Commerce and Online Payments,
Small Business Tips
#GivingTuesday falls on the first Tuesday after Thanksgiving (in the U.S.). This year’s date is December 3rd, 2019. The holiday is entering its eighth year (originated in 2012). With that in mind, what is #GivingTuesday, and how does it apply to you? The Origins of GivingTuesday Thanksgiving marks the official kickoff of the holiday shopping season, with Black Friday, Small Business Saturday, and Cyber Monday sales bringing in huge profits for merchants all over the globe.
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Topics:
Mobile Payments,
E-Commerce and Online Payments,
Nonprofits
Wherever there is opportunity, companies want to gain as much share as possible. Unfortunately, opportunity also means that there are criminals that see potential for themselves – from counterfeit money to counterfeit goods. Counterfeit Fraud on the Rise And, with the rise in online shopping for all types of brands, there is also an increase in counterfeit goods being sold online.
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Topics:
Due.com Partner Posts,
E-Commerce and Online Payments,
PCI Compliance and Fraud Prevention
2019 marks the year that many mobile carriers launch their 5G networks. It’s the fifth generation of wireless technology. The changes include new smartphones with 5G capability, which have only recently hit the market. That means most people don’t yet have access to this powerful network. However, it’s important to start covering the 5G revolution as it starts to prepare retailers for the opportunities to come so changes can start now to accommodate the new network.
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Topics:
Due.com Partner Posts,
Mobile Payments,
E-Commerce and Online Payments,
Payment Technology,
Small Business Tips,
Payment Trends
Digital transformation is happening all around us as our lives become more dependent on internet technology. Yet, whereas much of this transition is driven by consumer desire for ease, speed, and convenience, businesses are sometimes reluctant to make the requisite investments to meet this growing demand for digitization. Doing so is often seen as prohibitively expensive.
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Topics:
Software and Payment Integration,
Mobile Payments,
E-Commerce and Online Payments,
Payment Technology,
Payment Trends
For decades, consumers around the globe relied on “legacy” credit and debit cards when shopping in-person at retail stores. These simple pieces of plastic came with account numbers on the front and a magnetic stripe on the back that allowed users to physically swipe their cards at the checkout counter. The problem was, these magstripe credit cards were relatively easy to clone — even from a distance. This security flaw allowed criminals to steal a user’s payment data and rack up fraudulent charges.
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Topics:
E-Commerce and Online Payments,
Payment Technology,
PCI Compliance and Fraud Prevention,
Small Business Tips,
Payment Trends
In June, Facebook announced Libra, a cryptocurrency that allows Facebook users to make purchases or send money to other Facebook users without any fees attached to these transactions. You can use it online, at exchange points that include certain retailers, through a third-party wallet app, or as part of Facebook’s Calibra wallet. It is set to launch for public use during the first half of 2020.
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Topics:
Due.com Partner Posts,
Mobile Payments,
E-Commerce and Online Payments,
Payment Technology,
Payment Trends,
Consumer Education
The last thing any online or in-store retailer wants is for their customers to abandon their shopping carts. That means a lost sale in the present and the potential for lost sales in the future if the customer decides to not return. However, some retailers have been so accustomed to controlling the transaction process that they have lost touch with what their customers want out of a checkout experience.
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Topics:
Due.com Partner Posts,
Mobile Payments,
E-Commerce and Online Payments,
Payment Technology,
Small Business Tips,
Getting Started with Payments,
Payment Trends
The in-vehicle payment market is considered relatively new with some of the first mentions of its potential in 2017 when researchers started tracking this business segment. The first signs of this new payment method appeared in 2016. Current and Projected Growth Now, according to research firm Technavio, the global in-vehicle payment services market is set to increase by over 195% during the period from 2017 to 2021.
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Topics:
Due.com Partner Posts,
Mobile Payments,
E-Commerce and Online Payments,
Payment Technology,
Payment Trends
