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Consumers reluctant to swap passwords for biometrics for fear of identity fraud

Over half (53%) of consumers in the UK are worried that the shift towards biometrics for authenticating online payments will dramatically increase the amount of identity fraud. That’s according to new research conducted by Paysafe, the global payments provider. The study...
Posted On 03 Jun 2019
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Paysafe Report: “Security ranks as Number One eCommerce priority for SMBs”

More than half (52%) of online small to medium-sized businesses (SMBs) globally worry that the move to frictionless payments, such as transactions that take place behind the scenes in apps, is leaving them more open to fraud and will negatively impact revenues. That’s...
Posted On 31 Oct 2018
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50% of UK consumers resist move to ‘frictionless’ payments due to privacy and security fears

The shift towards ‘frictionless’ payments (ie invisible transactions that take place ‘behind the scenes’ in apps) is being held back by UK consumer concerns over security and data privacy. That’s according to new research conducted by Paysafe. The report from the global...
Posted On 11 Jun 2018
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Paysafe study highlights consumers’ desire to see businesses heighten online security measures

More than half (52%) of UK consumers think fraud is an inevitable part of shopping online. That’s according to new research conducted by Paysafe, the global payments provider. In what is most certainly a wake-up call for online business, the Lost in Transaction report...
Posted On 24 Oct 2017