Zooz Quora Corner

10
Oct

How do luxury consumers make high volume cross-border credit transactions without their being flagged as fraudulent?

Posted by | · | E-Commerce Payments Insights · Zooz Quora Corner

  Because e-commerce has become such a large industry, it is not uncommon for luxury consumers to make expensive purchases through the Internet. Examples of these types of purchases include plane tickets, hotel reservations and even costly items that many luxury brands, such as Burberry and Louis Vuitton, sell online. Often, […]

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27
Sep

Is there any downside when accepting debit cards for e-commerce?

Posted by | · · | E-Commerce Payments Insights · Zooz Quora Corner

  For card not present (CNP) credit card transactions, such as online payments, issuers often require consumers who wish to pay with a debit card to complete a 3D Secure stage of checkout – one which requests more customer information to verify the identity of the consumer, making the transaction […]

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26
Sep

What are the least to most secure payment methods for consumers?

Posted by | No Tags | E-Commerce Payments Insights · Zooz Quora Corner

    As payment experts, merchants often ask us: What are the least to most secure payment methods for consumer use – check, debit card, or credit card?   The answer to this question depends on whether the transaction is taking place in a card present or card not present (CNP) environment. When it comes to […]

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19
Sep

How do online payments work?

Posted by | · · | E-Commerce Payments Insights · Zooz Quora Corner

  In terms of transaction processing, online payments work the same way as in-store payments.   The major difference between paying on online and offline channels is the user experience: In a brick-and-mortar store, a consumer pays by giving the retailer a credit card (or another form of payment), whereas […]

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14
Sep

Is it possible to accept credit card payments without a physical point of sale terminal?

Posted by | · · | E-Commerce Payments Insights · Zooz Quora Corner

  When it comes to accepting credit cards, there are two types of transactions: Card Present (CP) and Card Not Present (CNP) payments. CP transactions generally refer to in-store payments made with a credit card terminal. CNP payments are those that are made over virtual terminals and online, in a […]

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