Everything you need to know about the market, buying habits, and fraud to launch an ecommerce business in Mexico.
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In the world of ecommerce, one market looms larger than the rest: The United States of America. The U.S. has long enticed businesses as the land of opportunity.
Canada is the logical next step for a U.S.-based ecommerce business looking to expand internationally, or for any ecommerce merchant interested in growing its footprint in North America.
Gift card sales have doubled over the last decade -- but gift cards provide fraudsters with virtually untraceable ways to steal. In fact, gift cards are often a merchant's highest source of fraud attempts.
If your fraud system doesn’t see the big picture, it will struggle to tell the difference between good orders and fraud.
As ecommerce explodes in popularity, so does ecommerce fraud – and every ecommerce merchant, from tiny start-ups to massive chains, is vulnerable.
When you sell online, it’s important to know how your fraud program impacts your incoming orders. Are you approving too many bad orders, which means too many chargebacks?
Or are you declining too many good orders, which means angry customers and lost revenue? And how can you tell?
Just because an online customer has clicked “pay” and placed an order, your revenue is not guaranteed. There’s always a risk that the payment will be rejected or declined – either by your own ecommerce fraud protection system or by one of the many players in the approval process.
When you fail to approve every valid transaction, you’re not only losing orders, you’re losing revenue.
You have many options to protect your business from the cost and frustration of ecommerce fraud and chargebacks. But how do you know what level of protection and service you need?
Our Fraud Protection Buyers Guide can help! This easy-to-read, easy-to-use guide walks you through your options, so you can confidently make the right decision.
The ecommerce industry is growing and changing rapidly. Customers expect more from the buying experience, and technology helps merchants deliver extraordinary online customer experiences.
Download this white paper to see the most important trends that will influence ecommerce in 2019 and see what you should be implementing in your business.
In your efforts to prevent credit card fraud, are you losing more than you’re gaining?
On average, 60 percent of declined orders are actually legitimate. These lost orders add up to $118 billion per year — 13 times more than losses caused by credit card fraud. And customers whose cards were falsely declined are unlikely to return … and very likely to tell everybody how unhappy they are with you.
If you think your business is immune to credit card fraud, you might be surprised to hear the opposite is true.
Ecommerce merchants of every size are falling victim to credit card fraud – which can lead to hefty chargeback fees, the cost of stolen merchandise and the loss of customer trust.
Every year, card-not-present fraud – the type of credit card fraud that occurs with online sales – costs U.S. merchants a staggering $1.92 billion.
That’s a scary number. If you’re an ecommerce retailer, you’re at risk. And it’s up to you to protect your business