US ECommerce Merchants See Major Growth in 2012 The international market represents a major area of growth for US ecommerce merchants. Internet usage continues to soar world-wide. Many countries have a rapidly growing demographic of young, middle-class consumers who have the desire and money to shop online. An international merchant account gives buyers throughout the…
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It’s no surprise certain online industries are more subject to fraudulent transactions than others. In its latest annual review of fraud, Cybersource reports: Internet merchants selling electronics had the highest rates of fraud, with fraudulent transactions accounting for 1% of orders. This is easily understandable. Electronics are high demand items that are easy to resell. …
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One of the biggest mistakes made by high risk merchants with recurring billing models is making it hard for customers to cancel subscriptions. The fact is that difficult cancellation procedures drive up chargebacks which, in turn, can put your merchant account in jeopardy. Here’s an example. A friend has been looking for “Mr. Right” and…
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