Best Ways to Help Small Merchants Fight Fraud
September 25, 2017
Transaction fraud costs US merchants and banks an estimated $8.5 billion per year. For small businesses, fraud losses are especially painful.
Transaction fraud costs US merchants and banks an estimated $8.5 billion per year. For small businesses, fraud losses are especially painful.
With all of the consumer emphasis on the Millennial Generation, some people have forgotten about Generation Z and the bold way that these young people are impacting payment and business trends in the U.S. and worldwide. Generation Z is made up of about 23 million people born between 1995
As the payment industry continues to evolve, it’s important that businesses are making technology accessible to all consumers, including those who are disabled. As merchants seek options that allow disabled consumers to pay at their businesses, providers in the payment space are tasked with the innovation that makes this possible.
Over the years, the use of prepaid cards across the world has continued to become more prevalent. Today’s consumers use this payment method for a number of reasons, from a lack of nearby banks to budgeting efforts. In 2015, the FDIC reported that 9.8% of U.S. households used prepaid cards.
Business owners of all kinds want to know that they’re getting the most out of the money they invest in their business. When it comes to credit and debit card processing, most merchants have a hard time understanding just what they’re getting when they pay their providers and where all
Today’s payments landscape has become very complex as the demands of consumers have changed, security measures have become more rigorous, and technology has continued to evolve quickly. These challenges make navigating the payments industry difficult for everyone involved in the payments industry, including merchants. This is especially true for businesses
Have you ever walked into a retail store and completed an entire shopping trip without ever interacting with a single store employee? If so, you know how impersonal this feels and how it can cause you to have a more negative impression of that store. On the flip side, there
The future of cash payments has been a hot topic in the payments and fintech industry for quite some time now. Over time, innovators have created a number of alternatives for consumers to use as payments in their daily transactions. However, mobile payment adoption has grown slowly and consumers
We are proud to announce that CDE is now a PCI validated P2PE v.2 facility. This new certification is more proof that we’re keeping payment security top of mind. With our P2PE v.2 validation, we have an even better opportunity to help make the lives of our partners and their
Summertime is well underway and while the kids are out of school and families have a little extra free time, consumers will likely be spending some extra money. Between vacations, summer camps, and school shopping there are more than enough reasons for consumers to spend in the summer months and
In the payments industry, technology is everything. However, no matter how many consumers are excited by the latest and greatest in payment processing and other financial technology, companies must invest in marketing to sell their products. In today’s very noisy world, standing out amongst all the other advertisements is harder
Your product packaging is a key factor in merchant satisfaction and your company’s image. If your goal is to ensure that merchants have a positive experience and remain loyal to your business well into the future, you should definitely be paying attention to everything they receive from your business. When
With today’s consumer, convenience is everything. The increasing demands for easier, more user-friendly ways to pay have fintech players working hard every day to find newer, faster, better solutions. However, as those in the payments industry work hard to make life easier for consumers, fraudsters are following closely behind looking
Colleges and universities remain one of the prime targets for hackers and identity thieves. However, stopping the criminals from accessing the sensitive data has been no easy feat for educational institutions. The large quantities and variety of data in the broad networks of universities makes protecting the organization from cyber-attacks
It’s no secret that EMV compliance is a boon for your merchants’ security. Visa reports that fraudulent card-present transactions have dropped 43% for merchants who have made the switch1. However, criminals are not easily deterred. As card security measures become more sophisticated, so do criminals’ techniques. Here are 4
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