Subscription Billing

Fraud costs merchants more than an estimated $20 billion every year. But beyond that sky-high number are all the ancillary impacts that fraud can have on a business: increased customer churn, lower credit card authorization rates, network and operational costs, and damage to the brand due to customers being incorrectly flagged as fraudsters. To stay competitive, businesses need to detect fraud without compromising customer experience, and use modern strategies to detect, flag, and resolve fraud in real-time.

Even with the massive growth in #ecommerce, more than 90% of purchases still happen in person. Because of this, numerous businesses have recently expanded their solutions to include in-person payments. But while accepting in-person payments opens up vast opportunities, it also comes with its own set of challenges, including the need to integrate #online and #offline payment systems, and more. 

MYFUNDBOX  has partnered with Stripe, a leading payments platform, to help our nonprofit customers multiply their impact. Stripe makes accepting payments as simple and borderless as the rest of the internet. Organizations of every size use Stripe today to accept online donations and grow their donor base. 

As more businesses migrate online, MYFUNDBOX Subscription billing is continuously expanding our own solutions to make it simpler for our customers to future-proof their brands through shifting business models, global expansion and investments in new technology.

In recent years, the ecommerce industry has experienced unprecedented growth—and it continues to grow: Worldwide retail ecommerce sales, having grown more than 25 percent in 2020, are projected to climb another 16.8% in 2021. That's a tremendous opportunity for the enterprises poised to grab it. As more businesses migrate online, we're continuously expanding our own solutions to make it simpler for our customers to future-proof their brands through shifting business models, global expansion, and investments in new technology.

As more businesses migrate online, MYFUNDBOX is continuously expanding our own solutions to make it simpler for our customers to make the leap to digital, shift their business models, and start accepting online payments right away.

As more businesses move and transact online, we're continuously expanding our own solutions to make it simpler for our customers to start, run, and scale their businesses. 

With the rapid growth of online retail sales worldwide, a casual observer might understandably believe that the future of commerce is online. In fact, the future of commerce is omnichannel—blending online and offline modalities for a seamless shopping experience that allows customers to engage with your brand in person, on their mobile devices, or wherever and however they please.

Rapid growth in ecommerce sales and digital adoption across the globe opens up a world of opportunity for businesses looking to expand. The numbers alone make a compelling case: in 2021, ecommerce sales are expected to make up nearly 20% of total retail volume.¹ By 2023, global ecommerce is projected to hit $6.5 trillion² with the majority of retail ecommerce growth occurring in Latin America, Central and Eastern Europe, and the Middle East and Africa.³

A huge shift to online commerce is underway, with ecommerce growing 30% a year globally.¹ This massive shift in consumer behaviour makes it an exciting time to be doing business online, but it also brings some challenges. One of those is failed payments, also known as “network declines.”