E-Commerce

Much ado is made about stopping phishing scams, database breaches, and related payment card fraud before it actually happens. But what about legitimate transactions that subsequently generate questionable or outright fraudulent chargebacks, leaving the merchant without revenue after having shipped the goods? A New York payments company called Chargeback File …

While processors continue to struggle with the economics of micropayments, Javien Digital Payment Solutions Inc. may have found a way to make the tricky payments work. The McLean, Va.-based processor, which this week introduced a payments gateway to go along with a payment-processing platform it offers primarily to sellers of …

E-commerce sales increases outpaced those at brick-and-mortar merchants during the 2007 holiday shopping season (Digital Transactions News, Jan. 14), and that strong growth along with the recruitment of new online merchants gave a fourth-quarter lift to Internet transaction processor PayPal Inc. The San Jose, Calif.-based company handled 203.9 million transactions …

The population of Web sites dedicated to the crime of phishing jumped markedly in October after dipping late in the summer, according to the latest data from the Anti-Phishing Working Group. The good news, though, is that experts appear to be working out a new way to shut down these …

The trend toward acceptance of so-called alternative-payment products by online merchants is going strong and will likely continue for some time, driven largely by incentives for merchants and consumers alike and by ease of use, says Adam Cohen, principal at Brulant Inc., an interactive advertising agency in Cleveland. “I would …

While 2007-08 holiday-season spending overall fell short of expectations, e-commerce sales soared, according to final numbers compiled by Dallas-based processor Chase Paymentech Solutions LLC. Ten online merchants for which Chase Paymentech processes transactions saw their total traffic jump 29% for the season, to 108.4 million transactions. Dollar volume grew at …

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 …

A small engineering company in Montreal has struck a deal with Universal Air Travel Plan Inc., a Washington, D.C.-based switch for some 220 airlines and travel agencies around the world, to enable air carriers to accept PIN debit and credit cards on their Web sites with card-swipe authentication. In addition, …

Some 3.6 million U.S. adults were victims of phishing attacks in the 12 months ending in August, losing an average of $886 apiece for an estimated total of $3.2 billion, according to a survey of more than 4,500 online users sponsored by Gartner Inc. Gartner, a technology research firm based …

Evidence that the battle for supremacy among alternative-payments providers remains intense arrived on Wednesday with Google Inc.'s announcement that its Checkout service will continue to process transactions for free through January. “Considering how busy this time of year is for you,” says Checkout product marketing manager Gavin Chan in a …