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New Rules for E-commerce – – A SPN Exclusive Article Part 4

06 September 2012

Web Hosting Developers

It is estimated that less than 40 per cent of merchants who accept credit cards have an e-commerce enabled website. The new rules for e-commerce mean there will no longer be a requirement for these merchants to purchase SSL Certificates, pay for PCI compliance, or install extra security to protect stored data. There is an extensive list of cost savings.

When merchants learn of these new rules, the reductions in cost, discount rates, incidents of chargebacks, and the lowered incidents of fraud, they will want to enable e-commerce on existing sites and launch new or first time websites.

As the PPOS gains acceptance, there will be a heavy demand from merchants for specific smartphone applications that allow merchants more detailed communications with the consumer. Interactive smartphone applications will become the norm, attracting merchants to launch or upgrade their e-commerce websites.

Businesses offering services related to web hosting will now have an opportunity to be an exclusive supplier of new services, which will help build their businesses.

We are inviting web hosting businesses to partner with us in the promotion of our services to their clients. As a reseller they will earn a minimum of $20 per merchant per month. In addition, we will provide full administration services.

If you want to learn more about our reseller program, click Resellers.

Other Requirements

As the PPOS gains acceptance, there will be a heavy demand from merchants for specific smartphone applications, which will allow merchants more detailed communication with the consumer. Interactive smartphone applications will become the norm.

The same XML file can then be tied to smartphone applications specific to the needs of the merchant. We believe the shopping cart suppliers will be the ideal developers of these new applications, and as such we have a separate API that may be built into these new applications.

Income Opportunities

A limited number of web hosting companies and developers are being invited to participate as part of the launch of these new services. It has been estimated that, during 2012, only 35% of existing e-merchants will convert their shopping cart applications to accept online payments via the PPOS. However, this represents over 100,000 web sites.

Summary

The digital wallet will protect the cardholder’s identity and will provide a new and convenient way to make purchases, both online and on multiple hardware platforms.

The PPOS will be a welcome solution for merchants who wish to save costs on card-not-present sales, chargebacks and fraud attempts. With its ease of implementation for merchants and the inherent acceptance by consumers, merchants will benefit by using the PPOS.

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