E-Commerce

• Visa Inc. announced that its 3-D Secure 2.0 program will begin in April 2019. 3-D Secure 2.0 is a measure managed by EMVCo that shares e-commerce transaction data between merchants and issuers in an effort to thwart fraudulent transactions and approve valid ones. EMVCo released the updated spec in October 2016. • Visa said grocer …

Online merchants looking to increase their sales volume may want to consider offering instant financing. A study by Researchscape International reveals that 75% of respondents would be more likely to purchase from an online retailer that offers instant financing than one that does not. Another 28% said they would be …

Criminals purchasing stolen credit card data know they have a short window of opportunity to cash in before the accounts are shut down. Manually sifting through the hundreds, even thousands, of accounts bought in bulk can take more time than criminals have, which is why they are increasingly relying on …

In-store shopping isn’t going anywhere. That’s the finding of a survey from online processor Adyen. That’s especially true for pre- and post-purchase needs. And it’s just one sign of how much more demanding consumers are becoming when it comes to payments and related transactions. Eighty-six percent of consumers want to …

Card-not-present fraud is growing as EMV chip cards make it harder for fraudsters to use counterfeit credit and debit cards at the point of sale, but perceptions about the reasons for the increase may need some clarification, according to the U.S. Payments Forum. “Some of the reports of large rises …

With the rise of APIs and the race for consumer loyalty, payments players are under pressure to innovate as never before. The result? A new openness to outside developers. If anything in the payments business can be said to approximate a company’s crown jewels, it’s the code that controls, uniquely …

“What?!” That’s the mildest reaction I get from my clients when I dispense the advice encapsulated in the title of this month’s column. “A password I remember I don’t need to write down, so it cannot be pilfered,” says the incredulous client. “Not so,” I reply, and people are not …

Merchants and card issuers have been hearing for several years that the advent of EMV chip cards at the point of sale in the United States would drive fraud into card-not-present channels, and now evidence is emerging that this is happening with a vengeance, even with companies like airlines that …

Are so-called bots the future of commerce? The digital gadgets took another step in that direction Tuesday with a flurry of announcements at a Facebook conference regarding new bot launches on the social network’s massive Messenger app. Mastercard Inc. said it has enabled its Masterpass digital wallet for use with …

In the run up to full implementation of 3-D Secure 2.0, a payment standard that aims to curb online fraud and prevent blocking legitimate transactions, merchants and issuers alike will need some convincing the technology will not impede e-commerce and mobile commerce. That’s the word from Tim M. Sherwin, chief …