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🔎Did you know? 71% of consumers worry about online fraud. Prioritize a secure payment gateway for your business to build trust, boost sales and safeguard internal data. Learn more about payment gateways – 📩contact SurePay now! #surepaybiz #paymentgateway #paymentsolutions #contactlesspayment #cashlesspayment #onlinebanking #fundtransfer #ewallet #allinone #ecommerce #banktransfer #onlinepaymentgateway #yourtrustedpaymentgateway #technology #digital #digitalization #digitaltransformation

📉 By 2027, cumulative losses from online payment fraud could surpass $343 billion. 📝 In a recent interview with Roger Burkhardt, a member of the management team within the Payments & Identity division at Netcetera, we explored the latest e-commerce fraud trends and effective countermeasures. Discover innovative solutions ensuring safe digital payments and empowering business growth here: https://loom.ly/PjfLsCU. #payments #ecommerce #merchant #token #biometrics

Digital payments have revolutionised commerce, but with convenience comes the risk of fraud. Recent statistics show a 35.6% increase in payment card fraud to $677.5 million, posing a threat to businesses' financial health and reputation. Read more about how fraud is affecting the commerce landscape and how businesses are fighting against it: https://lnkd.in/grC3KECW #digitalpayments #fintech

Mobile wallets have become a convenient payment method, offering consumers ease, speed, and security globally. According to research by Payments Cards & Mobile, due to its versatile features, by 2027, digital wallets are projected to account for more than $25 trillion in global transaction value or 49% of all sales online and at POS combined. Even though digital wallets were adopted in the late 90s, the pandemic boosted their popularity. There are various types of fraud that businesses and consumers need to safeguard themselves from, and in this article by BPC Banking Technologies, one can explore the common types of payment fraud in mobile wallets and gain practical tips on how to protect against the new emerging threats: https://lnkd.in/d5D5Y4eP   #weareBPC #bankingtech #fraudprevention #payments #paymentprocessing #fintechs #neobanks #digitalbanks #cashlesssociety #fraudster

5 Factors you need to check before choosing a payment gateway. Ensure security, reliability, and efficiency for your transactions 👇 👇 👇 👇 #PaymentGateway #Ecommerce #Fintech #SecurePayments #BusinessTips #OnlineTransactions #MerchantServices #CustomerExperience #TransactionSecurity

Payment tokenization is an important tactic showing steady uptake amongst global merchants, with nearly two-thirds now using some form of tokenization to strengthen payment security and maximize authorizations. Learn more insights from our 2024 Global eCommerce Payments & Fraud Report. ➡https://vi.sa/3xDTI2Y #tokenization #VisaAcceptanceSolutions #payments

:: 3rd very important point in the benefits of digital/online payments series :: 3- Security Online payment provides security to the seller as these orders are "prepaid" orders and have very less chances of cancellations as opposed to #COD orders (ranging from 15-20%) From buyers' POV any #ecommerce website having a payment gateway must/does give confidence during purchase process Firstly, because a 3rd party like #fintech or #bank must have done KYC for the authenticityof merchant and secondly,and most importantly it gives buyer the option of claiming a charge back from merchant in case product was not as per description or was faulty This security/confidence goes along way in terms of #digitalpayments acceptance Your thoughts...... #customerexperience #benefits #paymentgateway

One "trend" I've noticed is that managing fraud is no longer just about managing the fraud, it's just as critical to evaluate and optimize authorization approval. Tokenization is a great way to do this - in addition to securing the payment credential, you get the added benefits of avoiding low-hanging fruit declines resulting from incorrect info or expired cards.

Payment tokenization is an important tactic showing steady uptake amongst global merchants, with nearly two-thirds now using some form of tokenization to strengthen payment security and maximize authorizations. Learn more insights from our 2024 Global eCommerce Payments & Fraud Report. ➡https://vi.sa/3PTxno7 #tokenization #VisaAcceptanceSolutions #payments