eftpos is building a roadmap to support eCommerce. Australian Payments Network Limited reported that in FY2017 Card Not Present Fraud increased to more than $476 million*, which demonstrates why eftpos is working hard to translate our promise of simplicity and security into the eCommerce ecosystem. eftpos aims to leverage Payment Tokenisation, plus invest in Payment Authentication Services to build a proposition that enables Merchants to have greater peace of mind.
eftpos has also implemented a new automated Disputes and Chargebacks Service, to help our Members settle disputes faster and more efficiently.
*Australian Payments Network Limited fraud data 2017