FinTech Magazine April 2019 | Page 57

COMMON THEMES ACROSS GLOBAL E-COMMERCE
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COMMON THEMES ACROSS GLOBAL E-COMMERCE
Even though it is intriguing to see perspectives on payment behaviours from around the globe , it is evident that there are many common themes and challenges . Cross-border and international expansion is clearly a priority shared across the global merchant payments community , and could well increase the focus on fraud and compliance , especially considering PSD2 and GDPR in Europe require merchants to monitor and adapt their fraud and security approaches over multiple jurisdictions .
As the growth in IoT-connected devices continues to rise , these shared challenges will persist as merchants seek ways to take advantage of the emerging opportunities . Overall , a clear and tailored payment and fraud strategy is critical in guaranteeing a seamless and safe experience .
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