In just seven months, the Walmart+ membership program has gained over 60 million U.S. subscribers. The program offers free shipping and online delivery, in-store savings, and mobile checkout.
Companies need to be proactive in protecting accounts that store customer payment and credit card data. Learn more about how Kount Control uses authentication tools to prevent account takeover fraud.
Subscription boxes thrive when the products included are an essential part of a consumer’s daily life. So it’s no surprise that, given how many people start every day with a cup of coffee, the beverage has become a staple in the subscription space.
While the subscription model can offer significant business advantages, recurring billing options can result in unwanted chargebacks. Kount’s Dispute and Chargeback Management solution can protect businesses against undesirable chargebacks and fees.
The electronic palm readers, known as Amazon One, allow registered customers to pay for items with the swipe of a hand.
Physical identifiers, like fingerprints and palm prints, can help prevent fraud purchases in-person. Businesses don’t have that advantage with eCommerce purchases. That’s why digital identity verification is essential for eCommerce sales.
While humans are the major source of internet traffic, bots contribute to over 40% of website visits, according to a report from Imperva’s Threat Research Lab. Bad bots are responsible for more than a quarter of all website traffic.
While businesses should protect against malicious bot activity, they should also focus on recognizing and removing friction for good bots. Kount’s Event-Based Bot Detection can protect against bots across the entire customer journey.
The company’s payment tools are part of a broader effort to improve the services for small businesses recovering from the COVID-19 downturn and adopting eCommerce.
Digital payments can introduce significant fraud risks to even the most prepared businesses. The right digital payments solution can help businesses protect customers and payments and avoid unnecessary risks.