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How Mobile Payments Are Taking Over eCommerce

Groove

The new way of purchasing goods and services is through Mobile Payments whether you are shopping online or in-store. As millions of users start to use mobile payments each year, it is projected that 4.8 billion people will be completing transactions through mobile payments by 2025. What Are Mobile Payments?

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Digital Commerce and the Threat of Card-not-present Fraud

BigCommerce

Mobile payments are also making an increasing impact. This shift to mobile is pushed along with the ever expanding list of payments-enabled devices. And the use of mobile payments is expected to grow at an 80% compound annual growth rate through 2020 — reaching $503 billion. Collaborative security.

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The Cybersecurity Impact of PCI DSS 4.0

Retail TouchPoints

Today, it seems cash is a thing of the past, with most shoppers leaning on credit cards or even mobile payment to complete transactions for both physical and online shopping. allows organizations to customize their approach to proving compliance with each of the PCI DSS security requirements.

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7 Brands Discuss the Benefits of the New Cashless Economy and Apple Pay’s Growing Ubiquity

BigCommerce

The Evolution of Mobile Payments: A brief history of mobile payments, according to TechCrunch : 1983: David Chaum, an American cryptographer, starts work on creating digital cash by inventing “the blinding formula, which is an extension of the RSA algorithm still used in the web’s encryption.” Insecure security codes?.

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Starbucks, 7-Eleven Expand Contactless Payment Options

Retail TouchPoints

As COVID-19 has accelerated the trend away from cash payments to mobile and other contactless methods, Starbucks and 7-Eleven have both expanded their mobile payment options. For security, app users will be provided with a 4-digit code to show to the store associate when they pick up their orders.

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Secure Payment Forms: 6 Ways to Secure Customer Information During Checkout

FastSpring

Hackers are getting more sophisticated, and one area they love to attack is the online checkout experience on eCommerce websites, making secure payment forms more important than ever. Securing the Checkout Process: 6 Ways to Protect Customer Payment Info. Outsource Payment Forms. Note: FastSpring is the No.

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Where Payment Processing Systems Are Headed In 2020

RTP blog

Better Payment Security Credit card fraud is on the decline. But that doesn’t mean security is no longer a concern. And technology is one way to heighten security, both for FinTech companies and consumers. trillion biometrically secured transactions will take place annually via mobile devices.