article thumbnail

Addressing Emerging Threats to Mobile Payments: Securing Ecommerce Through SDK Protection

Retail TouchPoints

The rapid adoption of mobile apps has led to a similar boom in mobile commerce, leading mobile brands to quickly adopt payment Software Development Kits (SDKs) to add functionality quickly and efficiently. This evolution in attack techniques is driven by the growing complexity of payment systems and the increasing use of mobile commerce.

article thumbnail

How Subscription Merchants can Prevent Chargebacks on Recurring Payments

Retail TouchPoints

In fact, the financial services firm UBS projects that the market will hit $1.5 It’s also essential to notify customers about any changes in their subscriptions, such as rate increases or service alterations. Streamline Cancellations to Cut Chargebacks One effective way to reduce chargebacks is by simplifying the cancellation process.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

4 Tips to Help Retailers Meet PCI DSS Compliance

Retail TouchPoints

Among the many obstacles that retailers now face, data compliance and security continue to be a major challenge, especially given the high volumes of personally identifiable information (PII) and payment card information (PCI) that retailers process on a daily basis. An Introduction to PCI Compliance.

article thumbnail

Everything You Need to Know About Achieving PCI Compliance [Checklist Included]

BigCommerce

This is particularly because many of us maintain large numbers of (supposedly secure) personal online profiles that afford us a convenient way to deal with recurring monthly or annual payments. The SSC defines and manages the standards, while compliance to them is enforced by the credit card companies themselves.

article thumbnail

Best Merchant Services

Kissmetrics

Merchant services exist to help businesses process credit card payments. You might know them by the name “credit card processors.”. Regardless of what you call them, choosing the best merchant service isn’t easy. How to Choose The Best Merchant Services For You. Processing Rates/Monthly Fees.

article thumbnail

2024 Brought New PCI Requirements. Hackers Can Help You Keep Up

Retail TouchPoints

The critical role payment and financial services play in the global economy means companies in this industry will be some of the first mandated to comply. Organizations can engage hackers by adopting a vulnerability disclosure policy (VDP) or bug bounty program. These include PCI’s Mobile Payment on COTS (MPoC, at 1A-1.2)

article thumbnail

FAQs on Payment Card Industry (PCI) compliance and the 4 steps to ensure ecommerce complaisance

GetElastic

With the increase of consumer online shopping and less cash payments, the importance for businesses to choose the right payment processing solution cannot be overemphasized. and MasterCard to come together and form the Payment Card Industry Security Standards Council ( PCI SSC ). What are the penalties for non-compliance?