Michel van Aalten, Adyen country manager ANZ
According to the Australian Payments Network, payment fraud on Australian credit cards hit $476 million in 2017, surging from $218.1 million in 2016. As of 2018, online card fraud now accounts for 85 per cent of all card fraud in Australia.
Digital payment company Visa has said it will introduce credential-on-file tokenisation following an agreement with payments providers, in order to improve ecommerce security.
Payments platform Adyen is partnering with Australian retail clothing group Cotton On to provide expanded and enhanced payment capabilities as part of its international growth strategy.
did this ever get sorted?
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RSPs increasing their collective share from 6.8% to 7.1%? That's within the band for statistical error.