Tag Archive for: Merchants

Wix Launches Tap to Pay on Android to Make In-Person Commerce Easier for U.S. Merchants with Stripe


Merchants using Wix can process payments by converting their Android devices into Point-of-Sale terminals to accept secure, contactless payments anywhere in the U.S.

NEW YORK, Sept. 12, 2023 /PRNewswire/ — Wix.com Ltd. (NASDAQ: WIX), a leading global SaaS platform to create, manage and grow an online presence, today announced Tap to Pay on Android to simplify in-person commerce for U.S.-based merchants through an extended partnership with Stripe. Following Wix’s recent release of Tap to Pay on iPhone, Wix merchants can now accept secure, contactless payments directly from their Android devices without additional hardware.

The Wix Owner App turns any compatible Android device into a Point-of-Sale (POS) terminal. By leveraging Wix’s advanced and secure POS software, merchants are able to conduct in-person commerce anywhere, anytime, giving their customers a  simple, contactless checkout experience. Users can use credit cards, debit cards, Google Pay, and other digital wallets to complete the purchases of their desired products with confidence and ease.

“Stripe’s Tap to Pay on Android product has facilitated contactless payments for millions of businesses around the world,” said John Affaki, Terminal Business Lead at Stripe. “We’re excited to partner with Wix to provide this easy, cost-effective, no-code way to accept payments in more entrepreneurs’ pockets.”

“Our expanded partnership with Stripe enables merchants to turn their Android devices into a POS terminal so they can readily embrace the future of contactless payments,” said Amit Sagiv and Volodymyr Tsukur, Co-Heads of Wix Payments. “This launch is another step in our commitment to providing our merchants with the best tools to succeed online and offline, streamline their operations, and efficiently serve their customers.”

Tap to Pay on Android is available on compatible devices to U.S.-based Wix Payments merchants using Wix for eCommerce, bookings and events solutions.

Learn more about Tap to Pay on Android: https://www.wix.com/payments

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Merchants, Banks Confront Rising Friendly Fraud


Sometimes the biggest threats come from the foes who pose as friends, spinning tales that seem legitimate and often urgent. And then comes the realization:

You’ve been scammed.

Eric Kraus, V.P. and general manager of Fraud, Risk and Compliance Solutions at FIS, told PYMNTS that friendly fraud looms as a growing threat for merchants and banks alike.

Friendly fraud is another name for first party chargeback fraud, which occurs when a consumer buys something online through a card-based purchase, and then disputes the charges or requests a chargeback, having already received the item or the service that they bought. The conversation was held against the backdrop where merchants of all sizes say “friendly fraud” is the No. 1 fraud trend they are dealing with, representing a significant increase in loss exposure the past few years.

Then there’s “refund fraud” which also occurs after the transaction is completed. However in this scenario, the goods that have been purchased are not returned — or something else entirely is sent back to the merchant.

As he said, illustrating what might happen to an unwitting merchant:

“The last thing you want is to initiate a refund and then open up the iPad box and see that it’s empty.”

Friendly fraud, he said, has become a favorite of scammers in recent months, so much so that he said FIS has seen some eCommerce merchants estimate that 80% of their claims are tied to it.

“These scams are especially high in the digital goods space,” he said.

Banks and credit unions are also feeling the pinch. Disingenuous cardholders, he said, will try to make claims with their financial institutions (FIs), stating that their cards were stolen multiple times in a short period of time as an example.

In the digital age, the bad actors are also leveraging technology to help them launch attacks at scale, compromising point-of-sale devices and “testing” cards. To figure out if a stolen credit card number is valid, thieves sometimes attempt small purchases to see which cards get approved. The fraudster can then make larger purchases over time. Manually testing takes time, so criminals use botnets to run thousands of low-value transactions quickly.

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Blacklisting The Merchants Of Spyware – OpEd – Eurasia Review


In a modest effort to disrupt the global spyware market, the United States announced last week that four entities had been added to its blacklist.  On November 3, the US Department of Commerce revealed that it would be adding Israel-based companies NSO Group and Candiru to its entity list “based on evidence that these entities developed and supplied spyware to foreign governments that used these tools to maliciously target government officials, journalists, businesspeople, activists, academics, and embassy workers.” 

Russian company Positive Technologies and the Singapore-based Computer Security Initiative Consultancy also made the list “based on a determination that they traffic in cyber tools used to gain unauthorized access to information systems, threatening the privacy and security of individuals and organizations worldwide.”

The move had a measure of approval in Congress. “The entity listing signals that the US government is ready to take strong action to stop US exports and investors from engaging with such companies,” came the approving remarks in a joint statement from Democrat House Representatives Tom Malinowski, Anna Eshoo and Joaquin Castro.

This offers mild comfort to students of the private surveillance industry, who have shown it to be governed by traditional capitalist incentive rather than firm political ideology.  Steven Feldstein of the Carnegie Endowment’s Democracy, Conflict, and Governance Program observes how such entities have actually thrived in liberal democratic states.  “Relevant companies, such as Cellebrite, FinFisher, Blue Coat, Hacking Team, Cyberpoint, L3 Technologies, Verint, and NSO group, are headquartered in the most democratic countries in the world, including the United States, Italy, France, Germany, and Israel.”

The relationship between Digital China and Austin-based Oracle shows how talk about democracy and such ideals are fairly meaningless in such transactions.  Digital China is credited with aiding the PRC develop a surveillance state; software and data analytics company Oracle, despite pledging to “uphold and respect human rights for all people” was still happy to count Digital China a global “partner…

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20% of MageCart-compromised merchants get reinfected within days

20% of MageCart-compromised merchants get reinfected within days

MageCart, the notorious malware that has been haunting online stores by stealing payment card details from online shoppers at checkout, is reinfecting the same websites time and time again.

Read more in my article on the Tripwire State of Security blog.

Graham Cluley