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ISOMetrics
Experian • 84 percent of businesses surveyed believe they could reduce fraud risk if
they were certain about their customers' identities.
confirms • 72 percent of businesses cited fraud as a growing concern.
• One in four consumers have abandoned transactions because too much
growth in • 52 percent of businesses are still using passwords for fraud detection and
data was required to set up a new account.
protection.
online fraud • 35 percent of consumers would transact more online if there were fewer
security hurdles.
xperian's Global Fraud and
Identity Report, published
Jan. 24, 2018, noted that Maybe we need to rethink this race to the bottom...
E online fraud is a growing
concern for businesses worldwide.
In an effort to provide linkages to
customer recognition, convenience,
trust and fraud risk; researchers
interviewed 5,500 consumers and 500
business leaders between June and
October 2017.
Respondents included senior ex-
ecutives from financial institutions,
payment providers, and online and
mobile retailers in the United States,
United Kingdom, Brazil, Singapore,
China, India, Australia, France,
Spain, Turkey and South Africa.
The following insights and data were
among the report's highlights:
• Consumers expect security and Tired of being promised the kitchen sink to find yourself circling the drain?
a frictionless checkout experi-
ence. Let’s be realistic. We’re tired of seeing others’ impossible promises,
because in the end, we know it’s all hype.
• Businesses are migrating to ad-
vanced forms of authentication We don’t do wake up calls, but we’ll throw in some business cards!
to improve security and the cus- The Merchant Store Promise:
tomer experience. • 65 - 80% commission
• The ability to recognize and au- • Transaction fees: 2 - 5 cents!
thenticate customers is a major • $1.00 - $4.50 statement fees!
deterrent to fraudsters, who are • Up-front cash!
• True revenue sharing!
constantly evolving and becom- • Wholesale equipment pricing!
ing more resourceful. • Terminal and POS placement options!
• Approaches to friction at check- • And, one-on-one support, when and how you need it!
out vary by geographic region.
Consumers in India and South Real partner solutions for real agents!
Africa, for example, are general-
ly tolerant of security protocols, To setup your custom agent program,
including schemes that require TheMerchantStore Contact us at: 844.898.2884
them to validate their identi- Minding your business or Visit our website: MsiAgents.com
ties, because it makes them feel
protected; consumers in Turkey, LIFETIME RESIDUALS :: UP-FRONT CASH :: WHOLESALE EQUIPMENT
however, are less tolerant of Merchant Store Inc. is a registered ISO/MSP of: Deutsche Bank AG; New York, New York;
such measures. and Wells Fargo Bank, N.A., Walnut Creek, CA. American Express may require separate approval.
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