German banks launch paydirekt – implications for global as well as domestic merchants

German banks launch paydirekt – implications for global as well as domestic merchants

Nielsen’s recent Global Connected Commerce Survey reinforced what we already know; consumers are continuing to expanding their shopping to online retailers outside their geographic region. In other words, the idea of closed domestic markets continues to erode. This trend is evident globally, but in Germany 73% of online shoppers have purchased from an overseas website, a […]

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Online shopping behavior at the checkout

Online shopping behavior at the checkout

If you’re standing at the checkout in a brick-and-mortar store, it’s easy enough to see when fellow shoppers become agitated and annoyed. Impatiently checking the time, audible ‘harrumphs’ and negative body language are all tell-tale signs that the in-store payment process is not proceeding as smoothly as desired. But how does this frustration manifest itself […]

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PCI DSS 3.0: Changes to penetration testing requirements for merchants

PCI DSS 3.0: Changes to penetration testing requirements for merchants

PCI DSS 3.0 will come into effect in January 2015, following which all players in the payment chain must comply with the updated requirements and security assessment procedures. Under the new requirements, many merchants who were previously eligible for the reduced SAQ A (Self-Assessment Questionnaire) would need to complete an extended SAQ A-EP, with around […]

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