Why Do Online Payments Fail?
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Every now and then people become victim of payment fraud in various ways. You must have heard news of someone transacting with someone’s money without their permission. Well, that is the perfect definition of payment fraud. In short – illegal transaction of money is defined as payment fraud. You can save yourself from such frauds…Read More
Today, even though so many people depend on online transactions extensively while shopping or paying bills, there are many others who are afraid of going digital. Since some myths about online payments are still out there, it can be tough for people to trust the authenticity of this payment mode. So, as an online merchant,…Read More
4 Ways to Add Something Extra to Your Product Visualization While online shopping comes with the pro of being anytime, anywhere, and wearing anything (hello, 2 a.m. shopping sprees in your Ninja Turtle pajamas), it carries with it the con of not being able to see the product up close and in person. Companies often…Read More
When the matter is about monetary transactions on your e-store, suspicion is always there. After all, you are bestowing someone else with the responsibility of handling your customers’ money. Then there are concerns whether transactions are secured against fraudulent attempts or not? Various myths regarding merchant accounts processing have been circulating in the merchant community….Read More
Whether you are looking to launch a new website, or you are simply curious as to the latest UX trends for 2019, this interesting infographic 15 Website & UX Statistics of 2019 is a must-read. One of the standout stats that might help you to formulate design ideas is that 59% of people prefer a…Read More
Fraud and chargeback claims can malign your reputation, eventually resulting in loss in your business. In order for merchants to safeguard themselves against fraud and chargeback, it is recommended that they either choose a reliable and secure online payment platform available in the market or hire professionals to handle cases of chargeback and fraud within…Read More
More than half of the global population today loves to shop online from the comfort of their homes. Clearly, the e-commerce boom has brought about remarkable changes not only in consumer buying behaviors but also in the retail segment. For most companies, having an online presence isn’t optional; it is necessary for survival in the…Read More
There’s no denying that the holiday season drives most sales for all types of businesses. In 2017, U.S holiday sales reached $106.1 billion a 12% increase from the same season in 2016. In 2018, projected sales are $123.4 billion, which is a 15% increase in growth from 2017. If you haven’t started preparing your website…Read More
A successful business is not just about generating higher revenue but also about cutting down on expenditure without compromising the operational efficiency. Hiring cheap labor, avoiding technology solutions, and trimming down marketing budget do not qualify as smart decisions. You will witness a decline in the growth rate if you follow these. Instead, you should…Read More
E-commerce is revolutionizing the shopping experience of the buyers. People are more comfortable shopping online rather than stepping out of their comfort zone. The widespread smartphone penetration has further propelled the growth of e-commerce, particularly mobile e-commerce. By 2021, mobile commerce sales will constitute 54% of the total e-commerce sales. If you are planning to…Read More
Traditional shopping is a passing fad and now shopping from food to clothes is mostly done via internet. However, there is no dearth of online shopping portals that are vying for customers’ attention across the globe. So, how do they manage to stay ahead in the race? Well, the answer lies in a four letter…Read More
If you are running your e-commerce business, you don’t just want traffic; you want as many conversions as you can. So how do you actually get the traffic to convert without looking desperate. Here is a list of ways you can use to boost your conversions when your budget is restricted and the year is…Read More
According to a report by Lee Resource, for every customer who complaints, there are 26 other unhappy customers who have remained silent. This data shows exactly how important it is to understand what your customers are thinking. The only way you will know that is when you listen to your customers. Once you know what…Read More
Online shopping is the norm today, rather than the exception, owing to the convenience and flexibility it offers. However, remember that before you can start to take payments online, you need to earn your customers’ trust. If you are an online merchant, those who wish to shop for your products, cannot see you or meet…Read More
The internet seems to be taking over the world, one day at a time. In a scenario where nearly, anything can be found online, it feels as if internet has simplified all aspects of human life. However, the true convenience is displayed in online shopping. People want to save their valuable time and purchase everything…Read More
It is true that online businesses have made life easy for most people all over the world, as long as they have a laptop, tablet or smartphone. Shopping for clothes, grocery, jewelry and even insurance has become a piece of cake! You can buy things to your heart’s content from the comfort of your home…Read More
While choosing credit card processors, it is important to determine the value you are going to drive from them. Simply considering the lowest price quote may not lead to good value for your money. Rather a lower price quote can be a big trap. The overall experience and value offered by your payment processor is…Read More
A small business owner comes to his office at 9 o’clock as usual and starts his day by checking his emails. He also checks his bank account online in order to upload the payroll sheet and release the salary of his employees, but he is shocked to see that there is no money in his…Read More
There are many reasons to be vigilant while making payments online. Online frauds are on a historic rise these days. According to a shocking statistic from Juniper Research in 2016, up to 70% of all types of credit card frauds are mainly the card not present (CNP) transactions. Both merchants and customers are targeted by…Read More
When we talk about user experience, we can broadly divide it into the following categories: Convenience Flexibility These are the two major factors on which the entire user experience is based. People look for convenience while shopping online or using an e-commerce site. If the site offers everything that the customer might be looking for,…Read More
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