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Tags >> magento
Jun 16
2011

On-line Credit Card Fraud


POSTED BY duncan in Virtual Teams , social networking , SEO , Search , Satinei sense , Mobile search , mobile apps , magento , Ecommerce

The Question

I am an E-commerce consultant and I also own and operate an on-line business. Recently, a handful of new customers have been placing a string of orders and their transactions were authorized with CVV and 3-D Secure matches. It was by pure coincidence that I was able to spot that multiple orders were being shipped to the same address but to customers with different names. I was puzzled. Why so many orders to different customers from the same address?

The Investigation

I called my Payment Gateway Support Team to discuss it. What we started to notice was that each order was placed with a different credit card. These customers were attempting to use up to 20 different credit cards each! All issued by off shore banks. Upon closer inspection, even though they correctly provided the card number, CVV and 3-D Secure information, they were unable to correctly match the address or postal code with the card.

The Problem

My Payment Gateway and I agree that these are fraudulent transactions. But, what can be done to stop them? The problem is, as I understand it, the credit card holder has to report abuse before a fraud investigation can begin. In the interim, these fraudsters will process as many charges as they can until the card stops working. Those that will get stuck with the bill can range from the card owner (not noticing the fraudulent transactions), the card issuer or the merchant. As for my business, we've blacklisted their addresses. I feel I have been fortunate. If you're a merchant doing heavy volumes of business, are your systems already set-up to intercept this?


Apr 20
2010

High street takes another blow, in the online wars


POSTED BY admin in Satinei sense , magento , Ecommerce

In today's newsletter we reveal that Pricerunner.co.uk has gone to some lengths to point out just how much more expensive shopping on the high street can be, compared to online. Its mystery shoppers scoured 11 high streets across the UK to find out just how much more consumers can spend in bricks and mortar shops, compared to their online rivals.

Pricerunner describes this difference, of some 31% across a basket of fast-moving consumer goods, as a 'high street tax'. Retailers will protest that they'd struggle to compete on price with the lowest cost venture to be found online.

But the reality increasingly is that customers do use price comparison websites to find the lowest possible price for that must-have item. That must be part of the reason why online sales are rising fast while high street sales are falling.

High-street retailers may not be able to compete on price - but what they have always had going for them is convenience. But it's no longer enough just to be there. Stores must also offer competitive prices, even if they're not the lowest, alongside customer service that challenges what's to be found online in terms of convenience.

That's something that John Lewis, a recognized leader in multichannel retailing, is putting the emphasis on in its new ad campaign, also covered in the newsletter, which is based on service, quality and price.

Elsewhere in today's newsletter you'll see both Tesco and Asos reporting convincing rises in their online sales, while fashion designer Paul Smith's new website has extended its use of e-commerce.

Apr 14
2010

Magento 1.8 is Out !


POSTED BY admin in Search , Satinei sense , magento

New Features in Enterprise Edition Version 1.8

Magento Enterprise Edition Version 1.8 features a new module enabling merchants to increase customer retention through sending configurable, automated email reminders for abandoned shopping carts and wishlists. This enables merchants to target promotions and discounts to customers based on browsing activity.

Magento Enterprise Edition Version 1.8 also includes the addition of Solr as an alternative search engine to the standard Magento search, providing options to merchants for on-site search, and bringing enhancements to the speed, quality and relevancy of the search results provided to customers.

Additionally, Magento Enterprise Edition Version 1.8 includes performance enhancements through a Flat Sales module, as well as a module providing merchants the ability to archive orders after a configurable time-period. These modules are joined by a new feature that allows customer service representatives to assist customers in shopping through adding items to shopping carts, modifying wishlists, and more. All of this is coupled with many other enhancements and improvements to the existing functionality.
 

Apr 08
2010

Magento 1.4


POSTED BY admin in magento , Ecommerce



I’ve had a few discussions with people now about how to upgrade to Magento 1.4 in the best fashion.  Here is my approach, which works well, and I believe provides the cleanest solution.

   1. Backup everything!
   2. Create a sub-directory called /new on your server
   3. Copy 1.4 release to /new
   4. Take a copy of the existing 1.3.* Magento database, rename it and upload to MySql
   5. Change urls in core_config_data to point to /new
   6. Run magento installation process on /new, referring to the copied Magento database created in step 4 above
   7. Copy media data from base Magento directory into /new

After the installation has completed attempt to login to the magento installation at /new – what you should find is that you still retain all your catalog/customer/settings from 1.3.  If you look in the database you will see that this has been updated to a 1.4 database. As far as I can see there are no downsides to following this approach, Magento copes well with upgrading the database.

From here you need to re-install your extensions and create/install your theme. Because the 1.4 release is so signficant I think you will find that you will need to get a new theme, and possibly new extensions. I certainly wouldnt recommend installing a 1.3 theme on 1.4 – it’s not going to work.
 

Thanks to Karen @ matrixrate, for an excellent tip and a great extension.