Recurring billing best practices

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Data Breach Volumes in First Half 2015

In the first half of 2015, an astonishing 245,919,393 data records were compromised, either by being stolen or lost, according to a recent report by Gemalto.  Of those, 161,577,865 were breached from either the healthcare or government industries.  A full 80% of the incidents occurred in North America.  The next largest geographical region was Europe, coming in at only 10%.

For CNP merchants, the type of breach plays a role in the ensuing processing headaches.  With 53% of the breaches resulting in identity theft, merchants can expect to see either an increase in “potential fraud” declines upon authorization, or, as identity thieves are establishing credit cards in another’s name, they will eventually see a spike in “did not authorize” chargebacks.

One Day Event to Master Payments Processing

Come join PLC and Subscription Insider this October, 22nd in Boston for a one-day event to help recurring billing merchants master payments processing.  We will feature a keynote presentation by Paul Larsen, discussing the most current trends that are impacting your subscription business.  The rest of the day will include panel discussions from industry leaders and case studies highlighting what you can – and must – be doing to reduce involuntary churn and increase lifetime value of your customers.

PLC Clients will receive a special rate.

To register for this event, visit Subscription Insider.