
In other words, small retailers as well as giant mail order chains will increasingly generate their revenues through the Internet. Online stores therefore need to offer customer-friendly order processes with lightning-fast risk assessments and variable payment options. Popular examples include mobile payments, payment by installments and payment on open invoice. Returns business and the proper handling of gift vouchers are likewise not to be underestimated.
We handle your flood of transaction
This surge in orders is presenting challenges for online stores, service providers and partners throughout the entire order process. Here's an example from 2019: On the evening before Cyber Week started, which begins with Cyber Monday, German online retailers were already dealing with 3.5 million transactions. Around 2,000 orders were registered per minute. At the same time, appealing discounts and the sheer mass of orders in the run-up to Christmas attracted a growing number of fraudsters and cyber criminals. Here it was important to implement preventive measures as protection and quickly and carefully review transactions for suspected fraud.
In a nutshell

Dealing with registrations before the event starts

Implement preventive measures as protection against Fraud

Review transactions quickly and carefully