Online shoe retailer Zappos.com was recently hacked, and 24 million customers were left exposed.
Industry News
Among the developments, attendants saw promise in interactive retail technology that stands to improve both personalized and convenient in-store offerings as well as online shopping experiences.
Properly implemented tokenization can help merchants become PCI compliant, reduce PCI scope and offer a secure solution for storing confidential information such as credit card numbers
Retailers in the United Kingdom should prepare for the ecommerce industry to keep growing and adapt accordingly with retail technology that draws in consumers, and develop payment gateways that can process high volumes of online sales.
It’s important to be prepared in case of disaster, but new ecommerce sites make it possible for consumers to order emergency products and make online payments should the need suddenly arise.
Payment processing can become even faster using mobile payment technology that does not require users to swipe credit cards or manually enter information.
Online shoppers are armed with price comparisons and product reviews before they ever get into a retail store, forcing retailers to research consumers and develop new marketing strategies.
The release of mobile payment gateways could have a budget saving effect for businesses.
Web-based retailers might want to focus ecommerce efforts on the demographic that is spending the most money online: tablet users.
If passed, copyright holders could request that advertising and online payment processing be pulled from offending websites, which could result in a loss of business.
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