Monday , December 9, 2019

Search Results for: online sales

Worldpay Says Plastic Still Dominates Online Sales, But Mobile Wallets Are Catching up Fast

U.S. consumers have made the credit card their favorite online and face-to-face spending method, with 31.5% using it online and 40% choosing it for in-store transactions last year, according to the Worldpay Global Payments Report 2018. Released late last week, the report also found that debit cards and digital wallets, …

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FBI Data Show Fraudulent Online Sales of Cars and Outdoor Equipment, Funded by Gift Cards, Are Soaring

Fraudulent online sales of cars, recreational vehicles, boats, and outdoor equipment are soaring, with the scams typically funded through the victims’ gift cards, according to recent FBI data. A public-service announcement the FBI posted last week on its Internet Crime Complaint Center (IC3) Web site says the site received 26,967 complaints …

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2015’s Coming Attractions: Breach Law, More Choke Point, And Online Sales Tax

Breach-notification laws, misbehaving merchants, and online sales tax legislation are just three potential hotspots for legislation and regulation in 2015, advise payments industry attorneys. Long a wish-list item for many, a uniform, national breach-notification law could see enactment in 2015, thanks —unfortunately—to the flurry of large-and small-scale payment card data …

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Cyber Monday Online Sales up Nearly 9% As Apple Continues to Outpace Android

Well into the annual Cyber Monday shopping frenzy, online sales are up nearly 9% compared to last year, while mobile devices are driving more traffic and sales, continuing a trend established on Thanksgiving and on Black Friday. That’s according to IBM Corp.’s Digital Analytics service, which is reporting periodically on …

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Online Sales Jump on Black Friday And Thanksgiving, With Apple Far Ahead of Android

With Black Friday results nearly in the books, the holiday-shopping season has officially started, though some observers argue it really began this year on Thanksgiving day itself with a flurry of mobile commerce. Much of that commerce is being driven by users of Apple Inc. devices. Controlling by far the …

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Beyond Credit Scores: Affirm Launches Deferred And Installment Credit for Online Sales

Transactional credit providers have been few and far between. Bill Me Later launched 14 years ago and was snapped up by eBay Inc. in 2008. BillFloat Inc. started up four years ago and has changed its name to Better Finance Inc. It’s a challenging business requiring close attention to funding costs and …

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Shopify Launches Payments Service To Ease Online Sales for Small Sellers

Shopify Inc. hopes to lure small online sellers by the thousands to its e-commerce platform by making the typically vexatious business of taking payments as easy as possible. On Monday, the Ottawa-based company announced Shopify Payments, a service that lets Web merchants sign up to accept a broad range of …

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Online Sales Surge During a Lukewarm ’07 Holiday Shopping Season

While holiday-season shopping activity overall for 2007 may have seen only a lukewarm increase compared to last year, purchases online surged ahead, reaching their peak a week before Christmas. On Dec. 18, online sales for 10 of the 30 largest e-commerce merchants hit $169 million on more than 3 million …

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3dcart Enables Online CBD Sales and other Digital Transactions News briefs from 4/11/19

E-commerce services provider 3dcart said it and Fort Point Payments now offer services to enable online sales of CBD products. CBD—short for cannabidiol—is a non-intoxicating extract of marijuana. JPMorgan Chase & Co., which began processing real-time payments about a year ago, is “approaching 1 million transactions per month,” according to …

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