Oct 2016

Merchants Losing More than 7.5% of Annual Revenue to Fraud

Digital Goods Merchants Spend 23 Percent of Budget on Fraud and Chargeback Management

PORTLAND, OR — October 25, 2016 — Between fraud management costs, chargeback losses and false-positive declines, e-commerce merchants are losing more than 7.5 percent of their annual revenue to fraud, according to a new study. Digital goods merchants specifically reported spending 23 percent […]

Aug 2016

Merchants Face Quandary with Digital Goods: Balancing Fast Revenue vs. Fast Fraud

Vesta paper explores solutions for solving the digital goods catch-22

PORTLAND, OR — August 23, 2016 — Vesta Corporation, a global leader in the field of card-not-present (CNP) transactions, has released a new white paper, “A Merchant’s Guide to Successfully Selling Digital Goods.” The paper explores how merchants can successfully navigate operational risks and position their […]

May 2016

Vesta Corporation, CardNotPresent.com Release 2016 Omnichannel Payments Survey

Survey Finds More Than 43 Percent of Merchants Do Not Currently Offer Omnichannel Capabilities

ATLANTA, May 25, 2016 — Vesta Corporation, a global leader in the field of card-not-present (CNP) transactions, has released the 2016 Omnichannel Payments Survey in partnership with CardNotPresent.com, the independent source for original CNP news. The survey, […]

Apr 2016

Five Challenges Merchants Must Address Now

Vesta white paper identifies top industry issues

ATLANTA, April 19, 2016 /PRNewswire/ — Vesta Corporation, a global leader in the field of card-not-present (CNP) transactions, has released a new white paper, “Five Challenges Merchants Must Address Now.” Based on shifts in consumer preferences and the new threats that come along with adding new purchase […]

Jan 2016

Merchants to Face More Chargeback Challenges as CNP Fraud Escalates

Vesta white paper explores growing fraud, chargeback burden on merchants

ATLANTA, Georgia — Jan. 20, 2016/PRNewswire/ — Vesta Corporation, a global leader in the field of card-not-present (CNP) transactions, has released a new white paper, “Overcoming the Chargeback Challenge”. Based on recent shifts in online and mobile shopping trends and the corresponding rise in […]

Sep 2015

Fraud-Related Operational Expenses Top $10 Million for Digital Merchants

Retailers of digital goods spend up to 20 percent of budget just on fraud and chargeback management

ATLANTA, Georgia — Sept. 30, 2015 /PRNewswire/ — In addition to typical fraud costs, such as the loss of goods and chargeback fees, merchants that sell digital goods each spend an average of $10.1 million every year on fraud-related […]

May 2015

New vGuaranteed™ Solution Stops Online Fraud in its Tracks

Vesta’s new revenue-generating payment solution delivers frictionless customer experience to increase acceptance and conversion for retailers

ATLANTA, Georgia — May 18, 2015 — Vesta Corporation, a global leader in the field of card-not-present (CNP) transactions, has introduced the vGuaranteed™ payment solution for online retailers. Built to combat the rising trend of fraud in e-commerce, vGuaranteed is […]

Apr 2014

Vesta’s vSafe Payment Gateway Eliminates Fraud for E-Commerce Merchants

Atlanta, GA — April 22, 2014 — Vesta Corporation, a leader in mobile payment solutions, today announced the launch of vSafe, a new payment gateway that eliminates the cost of transaction fraud for e-commerce and m-commerce merchants. Leveraging Vesta’s proprietary and patented fraud technology modeled on over one billion electronic payments, vSafe evaluates orders using […]

May 2013

Xoom and Vesta Announce Partnership for Mobile Wallet Integration

Click here to read the full release.

May 2013

Vesta Introduces New Mobile Wallet for Prepaid Operators featuring Integrated Suite of Financial Services

Vesta PayMobile™ wallet expands mobile payment platform to include money transfer, international top-up and bill payment.

Atlanta, GA — May 21, 2013 — Vesta Corporation, a leader in mobile payment solutions, announces the availability of the Vesta PayMobile™ wallet, a smartphone application that enables mobile operators to offer core financial services to their prepaid customers. Powered […]