Friday , November 15, 2024

Search Results for: holiday

ACI Leverages Its RocketFuel Link to Enable Online Crypto Transactions for Vendo

The swift collapse of the major cryptocurrency exchange FTX hasn’t dampened processors’ interest in striking deals to enable crypto transactions for small and mid-size merchants. In the latest news, ACI Worldwide Inc. early Tuesday said it will enable payments in at least 127 digital currencies for e-commerce merchants served by …

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Clunky Checkouts Are Hampering Sales for Small Sellers, a Paysafe Report Finds

The surge in online shopping touched off by the pandemic has turned out to be something of a mixed blessing for smaller merchants. While it brought in a wave of new shoppers, it has also exposed a rising problem with glitchy checkouts at times of high demand, according to a …

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Cyber Monday Could See a Big Spending Boost

With just days until the 2022 holiday shopping season begins in earnest, retailers may have a glimmer of hope for more sales if a new survey from Deloitte bears out. In its 2022 Black Friday-Cyber Monday Survey, consulting firm Deloitte predicts that consumers will spend on average $205 on Black …

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20% of Consumers Plan To Use a BNPL Plan And Other Digital Transactions News briefs from 11/18/22

Twenty percent of consumers plan to use a buy now, pay later plan during the holiday shopping season, according to an October survey of more than 1,000 consumers by the Electronic Transactions Association and The Strawhecker Group. An additional 20% were “on the fence” about using BNPL. In related news, Vagaro, a …

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The Perilous Language of Fraud And Other Digital Transactions News briefs from 11/16/22

Criminals’ use of language can trip up even savvy consumers, found a new report from Visa Inc. The “Fraudulese: The Language of Fraud” report found that 73% of consumers are likely to miss the requisite red flags in digital communications. The data is based on surveys of 6,000 adults in 18 countries. …

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AmEx Partners With TikTok To Drive Sales At Small Businesses

American Express Co. is working with the popular social-media platform TikTok to launch the #ShopSmall Accelerator, a program intended to help small-business owners reach a new generation of shoppers on Small Business Saturday, Nov. 26, and throughout the rest of the holiday-shopping season. The deal will provide business owners with …

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Seon’s New Tack on Online Fraud Prevention and other Digital Transactions News briefs from 11/7/22

Online fraud prevention provider Seon announced a free version of its platform, which will support up to 2,000 API calls each month. Online commerce services provider Signifyd released its first holiday season predictions tracker for 2022. American Express Co. said it will pledge $5 million to organizations helping cities and coastal communities tackle climate-related events. …

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In Pursuit of an Ambitious Omnichannel Strategy, PayPal Goes All-in With Apple

During its third-quarter earnings call late Thursday, PayPal Holdings Inc. announced a multi-pronged omnichannel strategy with Apple Inc. to enhance the company’s offerings for PayPal and Venmo merchants, as well as consumers. Topping the list was PayPal’s announcement that it plans to support Apple Tap to Pay on iPhones. The initiative …

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Beware ‘Michael Smith’: Synthetic Fraud Loss to Nearly Double by 2024

The online shopper going by “Michael Smith,” who lives in Houston, may not be a living, breathing consumer, according to new research from Socure, a digital identity verification provider. This consumer, with seemingly valid credentials, may be a synthetic identity meant to defraud merchants. So-called synthetic fraud, already accounting for …

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Eye on BNPL: Certegy Ties in a Rewards Network, And Klarna Launches a Search App

The buy now, pay later trend, which soared into prominence as a consumer-payments option during the Covid pandemic, continues to gain momentum. Certegy Payment Solutions LLC on Monday said it is working with a Tempe, Ariz.-based Ionia and its rewards platform to offer a BNPL service leveraging Certegy’s risk-management technology. …

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Digital Transactions