Welcome to the era of alternative payment methods (APMs)! In today's digital landscape, e-commerce payments have advanced beyond traditional credit cards. With 77% of global online purchases being made using alternative payment methods, it's clear that consumer behavior is shifting…
Payment service providers looking to grow their businesses may explore a variety of industries, but some pose more challenges than others. These are known as high risk verticals or industries with elevated risk. These market segments, such as adult, alcohol,…
Chargeback associated fees are additional fees that merchants are charged every time they receive a chargeback. These fees are charged by the merchant's acquirer and are intended to incentivize merchants to avoid chargebacks. The cost of chargeback fees can vary…
Have you ever considered the financial risks associated with high-risk merchant accounts? If your business operates in industries such as adult entertainment, gambling, pharmaceuticals, or subscription services, you may already be familiar with the challenges and potential fiscal challenges that…
E-commerce has revolutionized the way we shop, providing convenience and accessibility. However, with the rise of online payment fraud, particularly card not present (CNP) fraud, it is crucial to understand the trends and losses associated with this type of fraud.…
Digital wallet, also known as e-wallets, have revolutionized the way we manage money and make transactions. In recent years, there has been a significant surge in the growth and adoption of digital wallets, driven by the increasing popularity of mobile…
Ethoca Consumer Clarity is a powerful consumer verification service designed to enhance payment insights and prevent online fraud. It offers a comprehensive solution for merchants and financial institutions, providing rich merchant and purchase information to cardholders and back-office staff. With…
Chargebacks can have a significant impact on your business revenue. To protect your profits and reduce the impact of fraudulent transactions and payment disputes, it is crucial to implement effective chargeback prevention solutions. By investing in fraud prevention technology and…
A card-not-present (CNP) transaction refers to a purchase made remotely, without physically processing the card or manually entering a PIN. CNP transactions have seen a significant increase in popularity, growing by 23% in 2021. It is crucial for businesses that…
The eCommerce industry has experienced significant growth in recent years, a trend that has been further accelerated by the pandemic. This surge in online transactions has unfortunately led to an increase in disputed transactions and chargebacks. As we look ahead…