Australian retailers may have a few problems today processing Mastercard and Visa transactions after a group known as Anonymous hacked into the company's online operations following Mastercard's decision to stop processing payments to the whistle-blowing site Wikileaks.
According to reports, Amazon.com has decided to take ecommerce by the horns with two new payment options-- Amazon Simple Pay and Checkout were launched today and are designed to directly compete with both Google Checkout and eBay's PayPal.
Westpac appear to have closed down their online banking operations after customers started receiving scam emails asking them to authenticate their log in details. Hundreds of thousands of customers who traditionally pay staff on a Thursday are set to be affected.
More and more Australian consumers are purchasing goods or services online, with ACMA finding that close to 90 per cent of household Internet users in Australia have engaged in one or more e-commerce activities.
Nearly half of smartphone users say they have already, or soon will, use their phones to do mobile shopping, and 53 percent also use, or intend to use their smartphones for mobile banking, according to a new survey of 2000 consumer technology users in the US.
Consumer electronics and high end Hi Fi retailers who don't have online shopping operations are in for a tough 2011, according to new research which reveals that Internet shopping is set to double this year.