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Payments

tripwire

Outsmarting PayPal Scammers to Keep Your Cash Safe

Feb 20, 2024 By Kirsten Doyle In Tripwire
Over the years, PayPal has earned a reputation for being a secure and easy way to send and receive money. However, no payment system is entirely immune to scams, and cybercriminals often exploit these platforms due to their widespread popularity and trust among users. PayPal is the most widely used online payment system in the US, making it a compelling target for scammers looking to capitalize on its extensive user base.
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inetco

A Look Back at Payment Fraud Trends of 2023

Feb 8, 2024 By Chris Best In INETCO
2023 repeated some familiar payment fraud trends from 2022.There were some shifts in the prevalence of different fraud types, according to data from Verifi. The persistence of phishing remains at the forefront, posing significant challenges for businesses and consumers. Notably, friendly fraud became the second most prevalent fraud seen in 2023.
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Egress

Venmo threat sees increase in fraudulent payment requests

Feb 6, 2024 By James Dyer In Egress
Since January 13th, 2024, our Threat Intelligence team has seen a steep rise in the number of fraudulent payment attacks using Venmo. By hacking existing or setting up new Venmo accounts, cybercriminals are using legitimate Venmo communications to trick users into approving fraudulent payments.
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securitysenses

Understanding Payment Gateway Services

Feb 5, 2024 By SecuritySenses In SecuritySenses
A payment gateway is a technology that processes and authorises card payments for businesses. Think of a card machine in a brick-and-mortar store - an online payment gateway is exactly that, but for digital transactions. Payment gateways play a crucial role in e-commerce by facilitating the secure transfer of payment information. They are responsible for encrypting sensitive data, such as credit card numbers, to ensure that transactions are secure from end to end.
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Internxt

15 Common PayPal Scams to Watch Out For: Tips for Online Shoppers

Dec 19, 2023 By María Sanchis In Internxt
When shopping online, you want to feel 100% sure that the service you are handing over your details is safe and secure. One of the most popular payment methods for online shopaholics is PayPal. However, is PayPal safe, and how secure is it when checking out online? Throughout this article, we will discover 15 of the most common PayPal scams and online fraud scams to watch out for and how to avoid them.
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tripwire

Understanding Mobile Payment Security

Dec 4, 2023 By Dilki Rathnayake In Tripwire

As the holiday shopping season kicks in, many are eager to secure early bird discounts and offers, preparing for the festive season. The convenience and speed of mobile devices has led to a growing number of individuals opting for mobile payments, whether conducted online or through contactless systems. The global mobile payment revenue is expected to reach $12.06 trillion by 2027, and smartphone users are anticipated to surpass 7.7 billion by 2028.

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inetco

Black Friday: Loved by Shoppers and Fraudsters Alike

Nov 27, 2023 By Ben Drake In INETCO

For some, Black Friday conjures images of parasite-infected shoppers running amok in a mall. (Rotten Tomatoes gives the movie a 65% rating). For bargain hunters, it is a whirlwind of unbeatable deals and frenzied shopping sprees. Thanksgiving Day, Black Friday and Cyber Monday are the year’s biggest days for American merchants. The hype has crossed borders.

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securitysenses

Exploring the Cross-Border Payments Market: A Guide for Business Owners

Nov 10, 2023 By SecuritySenses In SecuritySenses
In today's interconnected world, businesses are expanding their horizons beyond borders, reaching out to customers and partners across the globe. With this global expansion comes the need for efficient and cost-effective cross-border payment solutions. In this article, we will delve into the cross-border payments market, its size, and why it matters to business owners like you.
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