Microsoft has rebranded its built-in payments framework on Windows 10 from Microsoft Wallet to Microsoft Pay, following in the footsteps of Apple and Google with Apple Pay and Android Pay. The name change comes via an update from the Microsoft Store, which updates the Wallet UI to say Pay instead. The new app is designed to make [...]
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A growing middle class in China with a high propensity to shop for foreign brands is helping to drive up spending on cross-border e-commerce goods, according to eMarketer’s forecast. Total cross-border e-commerce sales in China are expected to reach $100.17 billion by the end of 2017, with the average spend per cross-border digital buyer at [...]
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American Express has announced SafeKey 2.0, the next generation of its online authentication tool built specifically to meet the needs of today’s increasingly digital commerce environment. SafeKey 2.0, which leverages the EMV 3-D Secure 2.0 industry standard, is a global solution that provides an extra layer of security when an American Express Card Member makes [...]
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The UK will be the world’s third biggest market for e-commerce in 2021, growing by an average of almost 10% over the next five years according to new data. In its annual payments report, Worldpay found that UK e-commerce will be worth £203bn ($268bn) by 2021, putting the country behind only China and the USA [...]
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The global e-commerce market continues to grow rapidly, and is predicted to be worth $2.4 trillion by 2019. As a result, the market continues to attract not merely ever-greater levels of fraud, but different and ever-more sophisticated types of fraud, too. The challenge it presents to merchants, which has always been large, is now greater [...]