Tuesday , November 5, 2024

Search Results for: online order

Rapidly Expanding Online Merchant Base Could Give Shopify an Edge in Mobile Battle

Shopify Inc.’s recent move to offer its merchants a mobile point-of-sale application marks yet another entry in a market that has filled up fast with competitors ranging from PayPal Inc. to Square Inc. and dozens in between. “You would think we’d reached everybody [with mobile POS products], but we haven’t,” …

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Amazon Payments ‘Lite’ Debuts To Appeal to Online Sellers Looking for Easier Integration

Looking to attract more small businesses that just want to process online payments, e-commerce kingpin Amazon.com Inc. is rolling out a new, streamlined version of its 6-year-old Amazon Payments service. The new platform, which includes a simplified application programming interface, front-end widgets, and a testing “sandbox,” minimizes integration time by …

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Judge Tells Retailer Groups To Settle Their Online Feud Arising From Interchange Settlement

  In one of the stranger twists arising from the controversial settlement to credit card interchange litigation, the federal judge overseeing the massive case on Thursday gave lawyers for two feuding merchant groups a week to propose changes to a Web site that urges merchants to opt out of the …

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Online Volume Grows 13% As Mobile Traffic and Bill Me Later Surge

Retail purchases online will reach $318 billion this year, up a healthy 13% from 2011, with mobile transactions accounting for more than 6% of that volume, according to a new report from Javelin Strategy & Research. This year marks the first time mobile-originated transactions have accounted for a meaningful share …

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E-Commerce: The Online Specialists

Lauri Giesen The big retail growth is online and in mobile commerce, but ISOs looking to crack this market must be willing to clear some high technological and operational hurdles. During times of overall sluggish retail sales and low profit margins on basic payment services, many independent sales organizations might …

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Web Merchants See Fraudulent-Order Rate Fall, But the Good News Comes at a High Cost

Online merchants made some progress last year against fraud, but the fight is becoming more and more expensive for them in terms of both dollar losses and operational costs, according to a report issued on Tuesday. Indeed, the news for e-commerce sellers is mixed at best. While fraudulent orders as …

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Protests Might Remove Acquirers From the Online Piracy Fray

The Internet revolt over bills in the U.S. House and Senate aimed at thwarting online piracy might have a welcome side effect for merchant acquirers in possibly getting them out of an unwanted role as deputies charged with enforcing public policy. The online encyclopedia Wikipedia captured international headlines Wednesday when …

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New DoJ Interpretation Could Lead to State-by-State Online Betting, Despite UIGEA

A 5-year-old law that bans U.S. banks and processors from handling online-gambling transactions won’t stand in the way of a U.S. Justice Department opinion released last week that appears to put the federal government's imprimatur on intrastate online betting. The DoJ on Dec. 23 released a 13-page memorandum giving states …

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The Gimlet Eye: Too Soon for a Requiem for PIN Debit Online

  One of the many questions the Durbin Amendment has raised—and that won’t likely be answered for months, perhaps years—is just what will become of the movement to bring PIN debit to online purchases.   After all, much of the rationale for PIN debit, from the online merchant’s point of …

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Endpoint: The Vexing Question of Cross-Border Commerce

  If domestic online merchants were to adopt payment alternatives similar to those of their competitors in other countries, they could realize as much as a 60% increase in their business.   Rapidly expanding economies overseas represent a rich opportunity for domestic online merchants. Too bad these merchants aren’t equipped …

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