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Mobile Transactions Continue to Spike in Global Ecommerce

Mobile transactions, particularly with smartphones, continue to grow globally when retailers promote their apps, according to a study by Criteo.   Criteo found omnichannel customers have the highest lifetime value and on average represent 27% of all sales, despite making up only 7% of all customers.   “Given that...

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5 Mistakes Merchants Make That Lead to More Chargebacks

Disputing chargebacks can be tedious and cumbersome, not to mention discouraging; the process doesn’t favor merchants, as banks and credit card companies require little proof on the part of the consumer to substantiate their claims.   Between the complexity of the chargeback process and the sheer volume...

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Credit Card Surcharges OK’ed In New York

New York has banned the ban. In the wake of court filings this week that effectively ended a challenge to surcharges on credit card transactions in New York, merchants in the Empire State can indeed embrace those fees, contingent upon stating those costs to consumers...

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The PCI Council Unveils Its New Software Security Standards

The PCI Security Standards Council on Wednesday published its new software security standards and said the existing standard will be retired in 2022.   The new set of requirements actually has two major components—The PCI Secure Software Standard and the PCI Secure Lifecycle Standard—and is under the...

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