Category: Tips

Chargebacks 101: What They Are & Why They Matter

Originally posted by ChargebackGurus.com. Chargebacks are a growing concern for modern merchants. And at the rate they’re increasing, it’s no wonder why. From 2016 to 2017, chargebacks jumped 179 percent, costing merchant’s 1.9 percent of their total annual revenue. Add in the potential threat chargebacks pose to your reputation and merchant accounts, and you’ve got… Read more »

3 Solutions for Ecommerce Merchants Fighting Fraud

Article written by NoFraud for Entrepreneur. One of the lesser known challenges of running an ecommerce store is preventing fraud chargebacks. When a consumer doesn’t recognize a charge on their credit card statement they will dispute the charge with their credit card company, which will result in a fraud chargeback to the ecommerce store owner…. Read more »

Nearly 28% of consumers have been a victim of e-commerce-related fraud

Article posted by Katie Evans for Internet Retailer. U.S. e-commerce is projected to grow nearly 16% in the third quarter, but consumers still have hesitations regarding the safety of shopping online, according to an exclusive Internet Retailer survey of 2,000 U.S. consumers conducted by Bizrate Insights. For example, 40% of consumers said they did not… Read more »

Stop the Intrusion and Keep your Revenue: How to Prevent Online Fraud in Your Business

Contribution from freelance writer Jenny Holt According to the Association of Certified Fraud Examiners, a typical organization loses 5% of revenue every year to fraud. For businesses, online fraud typically manifests itself in the form of credit card fraud, identity theft, mobile phone transaction fraud, international purchasing fraud, phishing scams, and downloaded malware that collects… Read more »

A vaping e-retailer snuffs out chargebacks

Written by James Melton for Internet Retailer. For roughly $700 per month, the owner of VapeSociety.com and VapeMood.com eliminated chargebacks of up to $5,000 per month. Cesar Campos thought chargebacks for fraudulent credit card purchases of $3,000-$5,000 per month were going to be a regular cost of doing business. Campos, marketing director of Campos Inc…. Read more »

Fraudulent activity undetectable by 38 per cent of organisations

Article originally posted on CPI Financial, written by Isla Macfarlane. A survey conducted by Kaspersky Lab and B2B International suggests that banks and payment organisations are finding it difficult to manage online financial fraud in today’s connected and complex technological landscape. The explosive growth of e-payments, combined with new technological developments and shifting business needs,… Read more »

Magento 2.0 is Continuing to Evolve

Below is a guest post from one of our partners, Rand Marketing: To experts in the Magento e-commerce platform, the release of Magento 2.0 has been a bittersweet experience. We’re all very excited to see the evolution of Magento, especially after waiting so long for this new version to be released. On the other hand,… Read more »