![]() The solutions currently available are espe cially targeted to small and medium sized businesses as well as non-profit organiza tions and charities to help facilitate online payments and fundraising. Such anti-fraud tools are offered by those PSPs that offer payment platforms with the most advanced compliance & fraud preven tion technologies available on the market, in order to guarantee a safe, secure and flexible online payment environment. In short, ensuring that your e-shop is completely safe for online shopping will offer a secure and positive shopping experience to all shoppers. Therefore, merchants that want to increase the vol ume of their e-business need to use fraud management tools to track and identify fraudulent activities. This sort of behavior is expected to continue in 2018. ![]() Tate to shop online because of privacy and security concerns. It must be noted that many buyers still hesi Consequently this same API technology, applied by PSPs, enables banks and financial institutions to expand their offers, streamline processes, and offer new API-based services to their clients. As the e-commerce world is driven by the API, (Application Programming Interface) technology, merchants now have access to a wide range of payment methods, acquiring banks and processors through a single payment service provider, (PSP). Merchants are therefore most interested in an offering that includes: web development, shopping carts, payment gateway, advisory services in e-commerce and payments, as well as web hosting services, which include a (cheap or free) SSL. Given the fragmented market of merchants, acquiring banks, processors and customers spread out all over the region, it is essential to bundle products, services and expertise into one package for an easy one-stop e-commerce and payment solution. In a region where seamless solutions and competitive processing fees are scarce, merchants are constantly on the lookout for efficient solutions to help them power their online sales and grow their business. As technol ogy, e-commerce, and globalization become more intertwined, buyers and sellers are increasing their connectivity and the speed with which they conduct sales/financial transactions. With a few simple clicks, they can gain access to a variety of goods and services 24 hours a day, seven days a week. ![]() ![]() Buyers and sellers that engage in e-commerce retail trade are no longer restricted by store hours, geographic marketing areas, or catalog mailing lists. B2C e-commerce has had a significant impact on the economy and on buyers’ behavior. The steady growth in business-to-business e-commerce has changed the cost and profit picture for companies worldwide. It has affected pricing, product availability, transportation patterns, and consumer behavior in devel oped economies worldwide. For the past decades e-commerce has altered the practice, timing, and technology of busi ness-to-business (B2B) and business-to-consumer (B2C) commerce. ![]()
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