It’s no surprise that the adult industry is lucrative. Adult business owners operating in the field are looking for ways to grow their business and increase revenue, and they can’t do this unless they open a reliable merchant account for their business. The problem is that the industry is considered high risk, and it’s not
E-commerce boasts 23% year-over-year growth. According to eMarketer, the leading research firm for marketing in a digital world, online sales are projected to account for more than $4 trillion by 2020. Global online retail sales are estimated to make up 8.8% of total retail spending in 2018; this number was 7.4% in 2016. With this
Card-not-present (CNP) fraud is growing as cyber thieves are becoming more skillful at using both technology and stolen payment card data to defraud retailers all over the world. Card-Not-Present (CNP) Fraud According to Research and Markets, the world’s leading market research store, e-commerce merchants, particularly in the US, are dealing with rapid online sales growth.
Adult brands are usually among the first to adopt innovations, which is evidenced by the quick acceptance of virtual reality, 3D video, haptic technology and even the internet. Now that blockchain and cryptocurrencies have exploded in recent years, it’s not surprising that the adult industry has already jumped on the wagon. Bitcoin, the most common
There are millions of items for sale on eBay, but the only way you can make payments is through PayPal. With PayPal, buyers can send money to sellers virtually, with no personal checking, debit card, or credit card numbers involved. PayPal is considered a safe, widely accepted, and seamless way to pay for items online.
The e-commerce market is developing with rapid advances. The advances in online payment processing and electronic payment technology have made the e-commerce evolve rapidly, thus increasing the willingness of almost all merchants to start accepting credit cards online. According to BI Intelligence, it’s expected US consumers would spend $632 billion in 2020. eChecks, ACH, and
Online payments are classified as card-not-present (CNP) transactions because a customer doesn’t physically present the card when making a purchase. Although remote sales are convenient for both the buyer and seller, their anonymity makes them significantly more susceptible to fraud than card-present payments. Whether you run an established firm or a cash-strapped startup, e-commerce fraud
It’s estimated 1.61 billion people worldwide purchased goods online in 2016. In 2016, global e-retail sales accounted for 1.9 trillion US dollars. It’s projected this number will reach 4.06 trillion US dollars by 2020. In Asia Pacific, e-retail sales represented 12.1% of retail sales in 2016 but accounted only for 1.8% of retail sales in
The retail industry in Canada is undergoing a transformation. In many cases, e-commerce has been added to the traditional retail experience, thus giving birth to new digitally-enabled shopping experiences. Electronic Commerce in Canada Electronic commerce is becoming more and more popular among Canadians, and they plan to go on spending money online. According to Forester
When asked how to accept credit card payments when being located outside of the US, many would tell you to use a PayPal account. If you have a Point of Sale (POS) terminal at your “brick and mortar” location, you’d be told to process payments through your POS terminal, using the “Print and Call” option