Ten years is a very long time in the world of technology. Ten years ago, Microsoft launched their commercial version of Vista, Apple announced iTunes had just surpassed its 1 billionth downloads and Google had just overtaken Microsoft as the most valuable global brand, as well as becoming the most visited website on the Net. […]
Celebrating its tenth anniversary, SID’s CEO David Liu, looks back over the last decade and gives insight into the changes in the South African online payment sector.
This year’s sudden spike in online shopping on Black Friday showed the true potential of e-commerce in South Africa. But it also showed that local merchants may not be prepared for sudden spikes in e-commerce trade which will continue into the festive season. By offering SID Instant EFT as a payment method, local merchants can significantly cut down on fraud and improve customer [...]
All e-commerce businesses face the risk of losses due to chargebacks and fraud. This article outlines 7 simple ways in which you can protect your online store.
“E-commerce is growing by leaps and bounds, but each business, whether large or small depends not only on great products and good delivery, but also on the trust of the customer to utilise online payment methods so the transaction can actually take place. If this trust is not there, they may as well close shop,” says Kyle Rozendo, CTO at SID Instant EFT.