Tag Archives: payments

Is your ecommerce business ready for the Strong Customer Authentication (SCA) implementation final deadline on December 31, 2020?

By 2022 European ecommerce is expected to grow to $1 trillion. This means an increase in online fraud, as well. According to the European Central Bank’s estimations, online fraud on European cards may amount to €1.3 billion a year.

In January 2018, the EU Payments Services Directive (PSD2) came into effect, bringing in new laws designed to protect its consumers.  Continue reading

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Selling CBD on Shopify becomes harder as FDA gets stricter on edibles

“Can I sell CBD on Shopify?” is a question better asked sooner rather than later. Some CBD E-Commerce merchants invest a lot of time and effort only to become disappointed with the payment processing options available or getting reported as illegal. As 2019 ends, FDA clarifies its strict stance on edible CBD sales. FDA also issued official warnings to 22 CBD merchants offering CBD oil, among other edible products. Some CBD merchants turn to Spree Commerce looking for marketing flexibility as well as cheaper and more versatile payment methods, including recurring payments for subscription sales.

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vendor trust in spree commerce and stripe multi-vendor marketplace projects

Stripe Connect and Spree Commerce for marketplace development projects: how to build vendor trust and incentivize them to join?

Two-sided or multi-vendor marketplaces face an early chicken and egg problem. Without vendors, suppliers, or service providers, there’s no value for the customers. But without the customers, vendors don’t see a point of joining the marketplace. This problem is usually solved by building vendor trust and incentivizing the vendors to join the marketplace, which is the first step to getting market traction. And what do the vendors really want? Stripe says: confidence in getting paid asap. Spree Commerce support that vision with a Stripe Connect integration.

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