Cutting chargebacks with big data verification
December 29, 2016
A massive 51% of purchases are now made online, with that statistic being much higher in younger populations.
We are at a stage where consumer behaviour is in limbo between the online world and the offline world, and the increasing demand for convenience and efficiency means that it is essential for businesses to implement more efficient and innovative verification systems – soon.
Many young consumers, including millennials, and even more so Generation Z, have grown up with technology at their fingertips, and the ability to get whatever they want with a click of a button