A Comprehensive PCI Compliance Guide For ECommerce Business


 Nowadays, e-commerce sales are increasing more quickly than ever. According to insider information, only US retail eCommerce sales will increase 16.1% in 2022 to $1.06 trillion. A 2022 research article also claims that, up 10% from 2020, more than 56% of customers prefer to shop online.

Individuals give trustworthy brands additional personal and financial information when more people make purchases online. This makes it essential for you to invest in PCI compliance for your eCommerce website.  Unfortunately, hackers emerge from hiding to try and steal the sensitive authentication data that users share online. Additionally, if your business accepts payments online, you are on their target list.

According to research, hackers aren't stopping. Peak fraudulent login attempts went between 84.71% to 93.84% in a year, an increase of 9.13%. Several of the largest e-commerce businesses, including Facebook, Amazon, and Bonobos, have experienced data breaches in the previous 18 months.

While people prefer to shop online, businesses and merchants must realize that customers will only use your business if they feel secure shopping there. Because they didn't trust the website with their credit card information, 18% of consumers abandoned their carts.

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