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Is Social Commerce the Future of Payments?

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In June, Facebook announced its plans to launch a cryptocurrency called Libra in 2020. Consumers will be able to make purchases or send money with little to no fees and store it in Facebook’s digital wallet Calibra. Calibra will be built into Facebook, Messenger, and WhatsApp. Of course, Facebook received a fair amount of regulatory […]

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The World’s Top 3 Cashless Countries

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The Top 3 Cashless Countries A cashless society is defined as one that doesn’t use cash in monetary transactions. These societies favor alternative means of payment, such as credit cards, contactless payments, or cryptocurrencies. As of yet, there are no truly cashless societies. But countries around the world are embracing cashless payment systems. It’s hard […]

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The 5 Most Common Types of E-Commerce Fraud

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Fraud is always a risk for your business, regardless of your industry. But e-commerce retailers are especially at risk for various types of fraud. According to Experian, 80% of companies have experienced an increase in online fraud over the past year. Customers are aware of this threat and are concerned about it as well. Experian […]

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Will Digital Wallets Replace Credit Cards?

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Take a moment to consider just how many cards you’re carrying around in your wallet. The average American carries two to three credit cards on them. And that doesn’t include debit cards, gift cards, and customer loyalty cards. Increasingly, consumers are using digital wallets to manage these payment options. Globally, the number of credit and […]