More consumers than ever are turning to online shopping channels to meet their needs during the pandemic, but many are also aware that cybercriminals are looking to capitalize on this stepped-up online activity to steal their card data. These kinds of concerns could encourage shoppers...
The pandemic and economic headwinds have spurred millions of consumers to eye their finances with caution. In an interview with PYMNTS, Steve Sievert, executive vice president of PULSE Network, said debit has clear advantages for users who want to spend what they have on hand...
Fraudsters have refocused on attacking eCommerce in recent years. Online shopping is becoming more popular among consumers, giving cybercriminals more opportunities to exploit digital channels for their schemes. Many are also finding it less profitable to attack in-person debit and credit card transactions at point...
Debit-card skimming schemes have moved online. Lindsay Land, Consumers Credit Union’s vice president of operations, explains how tokenizing debit payments can help eTailers foil fraudsters’ plans for an easy, undetected payday.
Consumers have received warnings for years about the threat of card skimmers that can steal their debit and credit card data, and many have learned to check for the devices before inserting their cards into ATMs or swiping at self-serve gas station pumps. Now the...
When the chips are down, consumers love and trust their debit cards. Among clear COVID-era trends is the embrace of debit for managing and mastering new realities. “Debit cards remain the payment method of choice among U.S. consumers, regardless of whether they are shopping online...
Merchants were largely taken aback by the volume of consumers flocking to online channels during the early months of the pandemic. Consumers turned to their mobile phones or social media apps to make unexpected amounts of purchases with their preferred eCommerce retailers. The anticipated value...
Consumers are using debit cards to buy big-ticket furniture pieces online and transform their homes into home offices. In the Next-Gen Debit Tracker, Ben Groom, global chief digital officer for furniture retailer Herman Miller, explains how new fraud tech will let consumers pay using funds...
Brick-and-mortar commerce has rebounded in recent months, but consumers are still heading online for many of their purchases, maintaining trends set in the early months of the pandemic. Payment trends are expected to continue to tilt toward eCommerce through the remainder of 2020 as well,...