|
7.8 per cent of South African transactions made between November 25 and 29 were also potentially fraudulent, an increase of 4.2 per cent when comparing those same periods last year.
|
Online shopping has become the norm for many South Africans over the past two years - and fraudsters have taken notice.
|
If you’ve ever used your credit or cheque card to shop online, you’ll be familiar with the process of having to confirm your payment through a one-time pin via email, cellphone or banking app on your smartphone.
|
As the ecommerce industry continues to grow and more people shop online there is no doubt that scammers are continuously finding new ways to defraud businesses and shoppers.
|
Cart abandonment is on the rise and must be urgently addressed by merchants if they are to ensure a seamless customer experience, and to avert lost sales.
|
The Ecommerce Forum South Africa (EFSA) is planning to develop an online dispute resolution platform, as the rapid increase in consumer complaints sees the ecommerce sector become the most complained about industry in SA.
|
3D Secure for online payments continues to gather momentum globally. However, for some industries, real-time authentication requirements can be a significant drawback.
|
In this article, xneelo looks at how to protect your online store from malicious threats.
|
What measures should business owners take to manage risk and fraud with ecommerce.
|
Payment tokenisation is a powerful technique used to secure sensitive payment data during transactions.
|
|