Articles with tag: merchants

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Staying ahead in a changing world: Building fraud strategies that get more business in

Voice of the Industry | Digital Identity, Security & Online Fraud | 15 Jan 2021

Mark Strachan, EMEA Managed Risk Principal at Cybersource, discusses how ecommerce businesses can advance their fraud strategies – and go from simply keeping the bad guys out, to getting more business in 

Mark Strachan, Cybersource, ecommerce, fraud, machine learning, behaviour biometrics, data, chargebacks, fraudulent transactions, merchants, fraud management, CNP

Citizens launches Buy Now Pay Later virtual line of credit, Citizens Pay

News | Online Payments | 12 Jan 2021

Citizens has announced the further expansion of its national point-of-sale (POS) solution for merchants, renamed as Citizens Pay.

Citizens, product launch, point-of-sale, POS, merchants, Citizens Pay, BNPL, monthly payments, retailers, omnichannel

Pakistan launches government-run digital payments system

News | Online Payments | 12 Jan 2021

Pakistan has announced a new government-run digital payment system aimed at boosting financial inclusion and government revenue.

Raast, Pakistan, Asia, digital payments, financial inclusion, State Bank of Pakistan, Bill & Melinda Gates Foundation, government payments, merchants

Managing fraud successfully when navigating the digital shift

Interviews | Digital Identity, Security & Online Fraud | 12 Jan 2021

2020 has seen a rapid and unstoppable shift to ecommerce, but with this has come increased exposure to fraud. Benny Tadele, Head of Merchant Solutions at ACI Worldwide, offers his advice to merchants on how to navigate these challenges.

ACI Worldwide, merchants, digital payments, fraud prevention, chargebacks, PSD2, SCA, 3DS

UnionPay International, PayTabs team up to boost ecommerce in the UAE

News | Ecommerce | 11 Jan 2021

UnionPay International (UPI) and payment solutions company PayTabs have unveiled a strategic partnership.

UnionPay International, PayTabs, partnership, ecommerce, UAE, merchants, retail, payment method, online payments

PBOC tests CBDC for in-store payments via contactless cards and wearables

News | Cryptocurrencies | 11 Jan 2021

The People’s Bank of China (PBOC) has begun piloting its central bank digital currency (CBDC) for in-store payments via contactless cards and wearables.

CBDCs, card wallets, NFC, contactless hard wallet, NFC, wearables, China, merchants, payments, digital yuan, People’s Bank of China, PBOC

AirPay expands ecommerce partnership with UnionPay

News | Online Payments | 07 Jan 2021

Australia-based marketing and payment service provider AirPay has partnered with UnionPay to offer UnionPay Online Payment in Australia.

AirPay, UnionPay, business partnership, UnionPay Online Payment, Australia, ecommerce, merchants, Alipay, UnionPay QR code

Sysnet acquires NuArx to expand solutions and market position in North America

News | Digital Identity, Security & Online Fraud | 06 Jan 2021

Sysnet has acquired NuArx to further enhance its technology platform and accelerate its market expansion.

Sysnet, NuArx, acquisition, M&A, PCI complience, merchants, payments processors, cybersecurity

AMEX introduces new offerings for consumers, small businesses, and merchants

News | Cards | 06 Jan 2021

American Express has introduced new offers for US Consumer, Small Business and Cobrand Card Members, as well as small merchants.

American Express, card members, rewards programme, merchants, SMBs, ecommerce, card network

RuPay, RBL Bank launch RuPay PoS in association with PayNearby

News | Mobile Payments | 04 Jan 2021

The National Payments Corporation of India has announced that RuPay has partnered with RBL Bank to launch RuPay PoS, a payment solution for Indian merchants, in association with PayNearby.

RuPay, RBL Bank, PayNearby, NPCI, National Payments Corporation of India, PayNearby, India, Asia, mobile payments, online payments, merchants, purchases, cards, offline transactions

FedEx completes acquisition of ShopRunner, expanding its ecommerce capabilities

News | Ecommerce | 04 Jan 2021

FedEx has completed its previously announced acquisition of ShopRunner, the ecommerce platform that directly connects brands and merchants with online shoppers.

FedEx, acquisition, M&A, ShopRunner, ecommerce, merchants, online shoppers, FedEx Dataworks, online shopping

Soft Space leverages GMO Financial Gate to promote cashless payments in Japan

News | Online Payments | 24 Dec 2020

Fintech company Soft Space has leveraged GMO Financial Gate’s payment gateway technology in a bid to promote its payment solutions within the Japanese market.

Soft Space, GMO Financial Gate, cashless payments, Japan, Asia, Fasstap, product launch, card transactions, merchants

Carticard, Mastercard team up to offer digital payment solutions in Egypt

News | Online Payments | 23 Dec 2020

Carticard has teamed up with Mastercard to offer its customers in Egypt digital payment solutions while aiming to incorporate more people into the digital economy.

Carticard, Mastercard, Egypt, Africa, MENA, partnership, digital payment solutions, financial inclusion, merchants, consumers

Italians sign up to 'cashback' card payment scheme despite objections, Reuters

News | Cards | 23 Dec 2020

In an attempt by Rome to curb tax evasion and help retailers hit by COVID-19 restrictions, Italians have signed up for a local ‘cashback’ card payment scheme.

tax evasion, cash back, Covid-19, retailers, digital payments, Italy, retailers, merchants, card payments

Shago Payments launches ecommerce platform

News | Online Payments | 21 Dec 2020

Nigeria-based fintech Shago Payments has launched a bill payment and ecommerce platform that targets underbanked and underserved Nigerians.

Shago Payments, Nigeria, Africa, product launch, ecommerce, merchants

Katapult mergers with FinServ Acquisition Corp.

News | Online Payments | 21 Dec 2020

Ecommerce focused financial technology company Katapult Holding and FinServ Acquisition Corp., a special purpose acquisition company, have entered into a definitive merger agreement. 

Katapult, trade, merger, FinServ Acquisition Corp., ecommerce, POS, merchants

Half of merchants not tracking mobile app orders for fraud despite surge in mobile use, Ravelin reveals

News | Digital Identity, Security & Online Fraud | 18 Dec 2020

Ravelin has revealed that 48% or merchants are not tracking consumer purchases on mobile apps for fraud, despite COVID-19 driving a huge increase in mobile app purchases.

Ravelin, research, study, merchants, fraud, COVID-19, in-app purchases, account takeover, BIN, mobile fraud

Getting a grip on PSD2 – how to handle friction while providing unrivalled user experience

Voice of the Industry | Online Payments | 18 Dec 2020

Floriane Gramlich, Director of Product at Zalando Payments, shares insights on how to handle friction while providing unrivalled user experience in the PSD2 (European) context

Floriane Gramlich, Zalando, user experience, PSD2, Europe, merchants, Strong Customer Authentication, TPP, SCA, Merchant Initiated Transactions, COVID-19, digital payments

The hidden fraud danger of the 2020 holidays: Focus on accounts

Voice of the Industry | Digital Identity, Security & Online Fraud | 18 Dec 2020

Itay Levy, CEO at Identiq, shares his insights regarding the dangers of account-based fraud during the 2020 holiday season

Itay Levy, Identiq, account fraud, holiday season, online shopping, checkout, risks, account takeover, ATO, merchants, phishing, fraudulent transactions, identity verification, BOPIS

eftops to pilot QR code payment system in 2021

News | Mobile Payments | 17 Dec 2020

eftpos has announced that it is working with merchants to deliver a national QR code payment system in Australia, with a pilot to be launched in 2021.

eftops, Australia, QR code, payment system, merchants, mobile payments