{"id":100,"date":"2023-01-21T14:52:00","date_gmt":"2023-01-21T19:52:00","guid":{"rendered":"http:\/\/nationaltransaction.com\/credit-card-merchant\/?p=100"},"modified":"2024-05-22T12:26:53","modified_gmt":"2024-05-22T16:26:53","slug":"electronic-payments-weekend-roundup","status":"publish","type":"post","link":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/electronic-payments-weekend-roundup\/","title":{"rendered":"Electronic Payments Weekend Roundup."},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-family: Verdana; font-size: 12.0pt; line-height: 150%;\"><strong>Data Breaches Cost Consumers Billions<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Verdana; font-size: 12.0pt; line-height: 150%;\"><strong><\/strong>Exposure of personal information is a new challenge in todays environment, the initial exposure being a nightmare to unravel. A Javelin Strategy and Research study shows that a single data security breach can cost Billions of dollars in consumer fraud losses. Data security breaches rose 48% from 2011 in 2012 to 1,611 data breaches. Identity theft is on the rise too.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Verdana; font-size: 12.0pt; line-height: 150%;\"><strong>Walmart CEO Mike Duke Expecting $10 Billion in e-commerce payments 2013.<\/strong> <\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Verdana; font-size: 12.0pt; line-height: 150%;\">Commenting at a shareholder meeting WalMart CEO Mike Duke expected WalMarts online e-commerce site to bring in $10 Billion in transactions this year. <\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Verdana; font-size: 12.0pt; line-height: 150%;\"><strong>India Sees Spike in e-commerce and Mobile Payment Investments.<\/strong> <\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Verdana; font-size: 12.0pt; line-height: 150%;\">India is seeing deeper saturation of broadband rollouts connecting personal computers and laptops online at a faster pace. Big names such as Intel are keen on India&#8217;s development for market opportunities. Amazon and ebay just staked claims to India&#8217;s e-commerce playing field with deals to deliver their e-commerce services.<!--more--><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Verdana; font-size: 12.0pt; line-height: 150%;\"><strong>Mobile Devices Convert e-commerce to m-commerce. Infographic<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Verdana; font-size: 12.0pt; line-height: 150%;\">There are an estimated 75 million tablet users just in the United States. Comscore says that 79% of those owners age 18-34 now conduct e-commerce payment transactions. Adobe says 52% prefer to shop on their tablets than their personal computer.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Verdana; font-size: 12.0pt; line-height: 150%;\"><strong>Apple Files Patent for Digital Wallet, Virtual Currency &amp; NFC.<\/strong> <\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Verdana; font-size: 12.0pt; line-height: 150%;\">Apple filed for a patent on a &#8216;method and system for managing credits via a mobile device&#8217;. Rather broad but easily applicable to a mobile digital wallet, virtual currency and NFC payments. Will they apply this to their Passbook offering or break a new mobile wallet scheme altogether is anyones guess. One thing is sure, mobile payments and digital wallets are on the rise.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data Breaches Cost Consumers Billions Exposure of personal information is a new challenge in todays environment, the initial exposure being<\/p>\n<div id=\"more-button\"><a class=\"btn btn-more excerpt-more\" href=\"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/electronic-payments-weekend-roundup\/\">Continue Reading<\/a><\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50],"tags":[51,22,7,13,2861,26,30,52],"class_list":["post-100","post","type-post","status-publish","format-standard","hentry","category-electronic-payments-2","tag-breach","tag-digital-wallet","tag-e-commerce","tag-electronic-payments","tag-mobile-payments","tag-nfc","tag-tablet","tag-virtual-currency"],"_links":{"self":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/comments?post=100"}],"version-history":[{"count":3,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/100\/revisions"}],"predecessor-version":[{"id":4864,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/100\/revisions\/4864"}],"wp:attachment":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/media?parent=100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/categories?post=100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/tags?post=100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}