Despite the rise of online purchases and e-commerce, credit card fraud is the one thing many people are concerned about. Although it hasn’t stopped online shopping, many people express concern about the safety of their identities and bank accounts, especially since credit card fraud costs the United States almost $8 billion every year. This isn’t great for merchants either, who lose money when fraudulent activity occurs. However, accepting credit cards is nearly expected for a merchant — your revenue will go up, your customer base will expand, and it’ll take less time to swipe a card than count out change. Secure payment solutions and payment processing service protection are certainly forefront in the mind o
The internet has grown and continues to grow rapidly. People are spending hours and hours per day on the internet doing things such as social media, gaming and communicating with friends and family members. Many people are even turning to the internet to complete their shopping. Shopping is a huge part of internet usage. However, with the increase of online shopper, security and fraud has become a concern. When people shop over the internet, they are copying their credit card information into the online merchant?s website, allowing them to complete a transaction based on that information. This opens the door for hackers and scammers to attempt to steal this information. Fortunately, there are also ways that an online shopper is protected in this type of a situation.
Online shopping is