Processing Credit Card Transactions Online Becomes Easier
E-Commerce as an industry topped $400 Billion last year. Most popular sites do upwards of a million dollars in sales each month, and the largest players deal in billions. Specialty sites are starting to gain popularity based on the niche they cater to, and with innovative marketing on social media, they're finding customers without great difficulty. Over 70% Americans regularly purchase products online, and most of these transactions are done with their credit cards. With billions of dollars in turnover through credit cards – on sites both large and small, credit card fraud has become a major issue to deal with. Banks have been strengthening their protocols year after year and websites are getting better to deal with hackers and information thieves.