Archive: 2012 2011
Pulse Index Shows Record Online Shopping Volume
For the holiday weekend including Black Friday, the Pulse Index indicated a 24 percent increase in sales over the same period in 2010. For the full holiday season to date, transactions are up 40 percent, and sales are up 26 percent year over year. The average ticket values remain down around 9 percent from last year.
Chase Paymentech Launches 6th Annual Cyber Holiday Pulse Index
The Pulse Index provides Insight into consumer online shopping trends through the holidays, giving an inside look at consumer online shopping trends for the key shopping days Black Friday and Cyber Monday and throughout the holiday shopping season. Online shopping statistics for the first two weeks of November show strong year-over-year growth. Significant transaction volume is driving online sales up over 25 percent vs the same period last year. Average ticket value, however, appears to be continuing a downward trend for the fourth straight year, currently down over 9 percent.
Which Technologies Are Most Critical to Payments Security?
Merchants have a lot on their minds without worrying about security audits and malware. Acquirers are offering new technology and security tools that protect merchants and reduce the expense of Payment Card Industry (PCI) compliance reviews. David Wallace, Chase Paymentech's group manager of merchant compliance, recently broke down some of the new technology tools that can be offered by issuing banks or adopted directly by merchants themselves for Bank Technology News.
The Merchant Risk Council (MRC), Announces 2011 Board
The MRC, a global, merchant-led trade association focused on
ecommerce payments, security and risk, has announced the results of its 2011 Board elections. Chase Paymentech President and CEO, Mike Duffy, and Gabe McGloin, VP, Client Services, Chase Paymentech Europe both retain their positions on the MRC Global Board of Directors and European Advisory Boards respectively. Mia Shernoff, Chase Paymentech Executive Vice President, Marketing, sits on the MRC Board of Consultants. Chase Paymentech is a key sponsor of the MRC.
Internet Retailer Names Chase Paymentech as No.1 Payment Provider
For the sixth consecutive year, Internet Retailer named Chase Paymentech the No.1 Payment Systems Provider to most online merchants on their Top 500 list.
Ecommerce Payments Fraud Management Best Practices
According to the 2010 LexisNexis True Cost of Fraud Study, merchants are paying $139 billion annually in fraud losses alone. In this webcast, we explore fraud prevention best practices and the various ways SafetechSM Fraud Solutions can help you retain legitimate sales while preventing fraudulent transactions.
Chip & PIN – The Canadian Experience with Bill Farris
With JPMorgan Chase and another U.S. issuer recently announcing that they will issue EMV credit cards to some customers this year, what can U.S. merchants learn from the Canadian experience? Canadian and European merchants are benefiting from reductions in card-present counterfeit and fraud brought about by the implementation of EMV smartcard payment systems.
Seven Steps to Merchant Success in Recurring Payments
Realizing the benefits of recurring payments require Billers to consider careful planning and execution to optimize program performance and manage acceptance costs. The specific requirements of each program may differ, but there are common steps merchants can take to optimize their program.
Fraud Management Best Practices for Insurers
Insurance carriers can manage their level of exposure by adapting quickly to changing fraud trends through the use of fraud prevention tools designed to detect global fraud patterns. Download our best practices guide to see how SafetechSM Fraud Solutions can provide proven technologies that are fully integrated with your payment processing.
Chase Paymentech & Aspen Marketing Services Offer Payment Processing to General Motors Dealers
Chase Paymentech and Aspen Marketing Services announced that they will offer payment services to nearly 4,500 General Motors dealerships to help drive up revenue and increase customer loyalty. With this exclusive program, GM dealerships will have access to competitive rates, more secure processing, customized online reporting tools and best-in-class customer support.
MRC European Conference – Barcelona, May 2011
The Merchant Risk Council announced that their second European Ecommerce Payments and Risk Conference will be held in Barcelona, May 18-20. Sponsored by Chase Paymentech and Kount, the conference will feature 35 speakers from companies including Eurostar, HP/Snapfish, Amazon, Best Buy, Lego, eDreams, Microsoft, Visa and Symantec.
Safetech Fraud Best Practices Guides for Online Merchants
To combat fraud, you have to know what you're looking for. Our Safetech Fraud Tools include proven technologies that are fully integrated with your payment processing, and provide greater visibility into sophisticated fraud patterns. Read our Fraud Best Practices guides for Online Retailers and Online Gaming.
5 Key Lessons for Ecommerce Merchants
The 2010 Chase Paymentech Cyber Holiday Pulse Index indicated that the online holiday shopping season brought with it a return to pre-recession growth rates. Read our perspective on how merchants can leverage our insight in the coming year?