In this digital age, accepting online payments safely should be a priority for any small business. Unfortunately, this isn’t the case, as evidenced by recent studies showing that 58% of customers fail to complete an online transaction due to security concerns. Since most small businesses are operating with lower margins, this can have a major effect on their bottom line.…
![Why Are Chip Cards Safer To Use Than Traditional Credit Cards?](https://monasolutions.com/wp-content/uploads/2023/08/Untitled-1200-×-900-px-20-760x428.png)
The U.S. credit card industry gets bigger every day, but there are still a few factors preventing it from reaching its full potential. One key factor is the prevalence of fraud. Studies show that credit card fraud and other forms of identity theft costs businesses $16 billion per year. In an attempt to limit the risk of credit card fraud,…