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Chargeback and friendly fraud at crisis levels for retailers
Credit card chargeback is reaching crisis levels for retailers on both sides of the Atlantic, according to a survey of US and UK consumers. Two-thirds of US shoppers and 44%... read more
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Ingenico and Fujitsu unveil palm vein identification for in-store commerce
Ingenico and Fujitsu Frontech have unveiled the world’s most “secure, accurate and seamless biometric payment solution” based on palm vein identification. Designed on Ingenico’s AXIUM range, its Android payment terminals,... read more
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PayPal Germany hit with antitrust regulatory probe
PayPal has fallen foul of antitrust investigators in Germany – where the Federal Cartel Office (FCO) has announced it’s looking into its rules on surcharges. Germany’s cartel office said it had initiated... read more
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Amazon and Stripe partner to streamline e-commerce payments
Amazon and Stripe have signed an expanded global agreement, deepening the companies’ long-standing partnership. Under the new agreement, Stripe will become a strategic payments partner for Amazon in the US,... read more
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Paying with BNPL leads to 72% higher transaction value
Consumers spend on average 72% more per e-commerce transaction if they can pay with BNPL instalments, according to a recent study from Erasmus University Rotterdam (EUR). The study investigated a... read more
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