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Ninety-five percent of eCommerce merchants have either already started enhancing their anti-fraud resources or plan to do so before the year is out.That is one key takeaway from Fraud Management in Online Transact <a href=https://www.cup-stanley.fr>gourde stanley</a> ions, a PYMNTS Intelligence collaboration with聽Nuvei that looks at the fraud-related challenges unique to eCommerce merchants and explores what these players are doing <a href=https://www.cups-stanley-cups.ca>stanley tumblers</a> to combat fraud.The likely reason most eCommerce merchants are so focused on re-evaluating and strengthening their anti-fraud measures is that eight in 10 of them experienced a cyber or data breach within the last year.Our report, which is based on surveys with 300 eCommerce executives, found that such breaches were the leading security challenge they were forced to negotiate last year, impacting 82% of them 鈥?with 23% identifying security breaches as their biggest challenge.What follows on the list of other challenges facing eCommerce merchants are distinct, yet related. Seventy-seven percent of merchants say addressing customer concerns about data privacy was a top challenge, while 68% say reduced levels of customer satisfaction was an issue. Next came lost customers and revenues 鈥?in that order 鈥?which was a lea <a href=https://www.stanley-cups.it>stanley borraccia</a> ding security challenge for 47% of merchants.The thread connecting these challenges is that all of them are related to the end-customer: how they perceive a merchants vulnerability to fraud and how that perceived vulnerability might affect them. This may explain why 82% of the merchants we Iycf SWIFT Pressures Member Banks To Enhance Cybersecurity
Amazon slowly is venturing into the Web-payments space. The online marketplace provider on June 9 began managing subscription payments, enabling the companys 240 million active users with stored credit cards on its site to pay for phone, digital music and other monthly subscriptions.The new feature within the Login and Pay with Amazon feature supports automatic payments of fixed or variable amounts.聽Amazon sees automatic payments helping businesses that rely on subscription-based or recurring payments to generate revenue via the Web or online, according to a company statement supplied to PYMNTS.Ting, a fledgling mobile carrier and mobile-product provider, was the first company to use the service and experienced pretty impressive results in the first few months it tested the service, including high conversion rates customers choosing to use Amazon over other payment methods, Amazon said.聽Product manager Juste <a href=https://www.stanleycups.cz>stanley cup</a> n Burdette said in a Reuters interview arranged that consumers who used the service spent 30 percent more on Ting website. This opens up Login and Pay with Amazon to other types of subscription-based business models, companies who want to make Amazon customers their customers, back payments with the A to Z guarantee and use transparent and low-payment processing, Amazon said in its statement. In fact, start-up聽PeachDish聽is now using the service as their only payment <a href=https://www.cups-stanley.fr>gourde stanley</a> method. Consumers pay no additiona <a href=https://www.stanleycup.com.de>stanley cup</a> l fees to use the new feature, the company tells PYMNT
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