Online Merchants Don't Want You to Pay With Your Credit Card

In the early days of the consumer Web, online merchants had to get over shoppers’ hesitation to commit credit-card data over the Internet. Now, it appears that it’s the merchants who are backing away from online payment forms.

Only 69% of small business owners accept credit- and debit-card payments on their websites, according to a survey of business owners’ attitudes toward technology, published by the National Small Business Association,

The shift in online payments is “likely due in part to increasing worries about cybersecurity as well as costs and lack of transparency when it comes to swipe fees,” NSBA Chair David Ickert and NSBA Chief Executive Officer Todd McCracken wrote in a statement accompanying the study.

Source: Online Merchants Don't Want You to Pay With Your Credit Card

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