E-Commerce

The bill continues to come due for the frenzy of orders online merchants processed over the holidays. While card-not-present transactions were up 16% for the holiday season compared to the same period in 2015, fraud attempts increased fully 31%, according to data released Tuesday by ACI Worldwide, a Naples, Fla.-based …

By John Stewart @DTPaymentNews Merchants are quite familiar with days like “Black Friday” and “Cyber Monday,” but now they’re waking up to a much less joyful day—“Chargeback Tuesday.” It’s the day when merchants, and online sellers in particular, get hit with the highest number of chargebacks they’ll see in a …

Efforts to create unique identification markers for consumers across different merchants will be a challenge for many merchants this year, SIX Payment Services, the payment-processing arm of SIX, operator of Switzerland’s financial-market infrastructure, notes in a report released Wednesday. “Some payment-service providers are working on the idea of introducing a …

U.S. online retail spending through home and work desktop computers in the 2016 holiday season totaled $63.1 billion, up 12% from $56.4 billion in 2015, Internet metrics firm comScore Inc. reported Thursday. “The 2016 online holiday shopping season had another successful year, with desktop growth rates in line with our …

With online sales soaring, physical retailers are faced with the challenge of how to recreate the convenience of e-commerce in a traditional store. On Tuesday, a 4-year-old startup called Five Elements Robotics unveiled a device that promises to help with that challenge by putting robots at the service of consumers. Once in …

Alphabet Inc.’s Google unit has updated its Google Wallet to enable the person-to-person payments service to work on desktop computers and laptops using any browser. Google Wallet dates back to 2011 as a mobile-payments and P2P service, but in September 2015 Alphabet transferred the purchasing functionality to its Android Pay …

Consumers are making their shopping, and payments, preferences known this holiday season. They are spending 12% more on e-commerce purchases so far this shopping season than they did in 2015, reports comScore Inc. Consumers have made $49.3 billion in e-commerce purchases from Nov. 1 to Dec. 12 using a desktop computer at home …

Online commerce gets a lot of attention these days, but just how much of the retail economy in North America does it account for? The answer is 7%, according to a report released Tuesday by Boston-based researcher Aite Group. That’s accounting for all e-commerce sales as well as browser-based and …

U.S. merchants processing with Vantiv Inc. that want to court international e-commerce customers now can offer these shoppers alternative payment methods unique to their locations. Vantiv announced on Tuesday it is working with PPRO Group, a London-based payments provider, to enable non-card payment methods, such as direct debit, bank transfers, cash-based electronic …

In a move that expands its business as a provider of risk-control services for merchants and card issuers, Visa Inc. announced Thursday that it has a deal to acquire e-commerce payment-authentication provider CardinalCommerce Corp. Founded in 1999, Mentor, Ohio-based CardinalCommerce’s signature product is Cardinal Secure Authentication, a service that uses …