Web-based clothing boutique Opening Ceremony recently sent out notifications to customers that its website had been breached.
Industry News
The recent uptick in ecommerce sales might be owed to consumer investments in mobile devices that allow them to shop anytime, anywhere.
Merchants that sell tickets for performances, concerts and sporting events might find it increasingly important to develop an ecommerce presence.
To meet the growing demand for mobile payments in Canada, the Canadian Bankers Association recently developed and released a set of guidelines that will advise merchants preparing for deployment.
The Canadian retail sector has been a late adopter of ecommerce and questions are being raised as to why the country, which has a population of heavy internet users, has been lagging behind its neighboring markets, reports Macleans.
The $29 billion craft and hobby industry has been experiencing success through ecommerce on sites such as Etsy and Pinterest that allow vendors to creatively merchandise their products.
Companies that successfully balance those goals have the opportunity to capitalize on growing ecommerce sales.
Shopping cart abandonment rates have grown as consumers embraced online shopping as a viable alternative to brick-and-mortar visits.
If they introduce the right innovation, they could capitalize on the $24 billion in sales expected to be made with mobile devices by 2015, according to research from Deloitte.
Despite reports showing ecommerce growth in the future was primarily pegged for emerging marketplaces overseas, the latest comScore report found online payments surged 17 percent during the first quarter of 2012.
Copyright © Optimal Payments Plc. All rights reserved. Optimal Payments Limited is authorised by the Financial Services Authority under the Electronic Money Regulations 2011 (900015) for the issuing of electronic money. The NETBANX® trademark is the property of Netbanx limited. The NETELLER® and Net+® trademarks are the property of Optimal Payments Plc. Net+ cards are issued by Conister Bank Limited, pursuant to a licence from MasterCard International Inc. MasterCard is a registered trademark of MasterCard International Inc. NETELLER is a registered agent of Conister Bank Limited. NBX Merchant Services Corp. is a registered ISO/MSP of Merrick Bank, South Jordan, UT 84095