Archive for July 17, 2016

Understand the Benefits of Using a Gateway Service

Written by Business magazine. Posted in Chargebacks, Moto card processing, Payment processing services

Ecommerce merchant account

It’s really no secret that online shopping has grown significantly over recent years. According to recent studies, the average online order for a shopper in the United States is $78. An online shopper will visit an average of three sites before making a purchase, and the majority of consumers already know what online stores they will buy from.

Globally, e-commerce sites generate over $900,000 every 30 seconds through desktops and over $200,000 through mobile devices. Cyber Monday has had a 17% increase in sales year after year. E-commerce is already huge and it continues to grow.

The downside to this grows this growth is the dramatic increase in payment card fraud and the financial loss suffered by the card holders. This is why gateway services, Continue Reading No Comments