Monday, September 15, 2014

GoECart Partners with Kount for Fraud Protection

GoECart is putting an emphasis on security before the holiday season begins, as the eCommerce solution provider has announced a new partnership with Kount, a supplier of fraud protection and sales-boosting technology.

With this new partnership, GoECart merchants can take advantage of Kount’s fraud protection services at a discount and without any integration barriers. 

Although GoECart already offers secure, PCI-compliant and scalable solutions for B2C and B2B merchants, this new partnership adds another layer of protection, according to Manish Chowdhary, CEO of GoECart. 

To provide its security services, Kount analyzes hundreds of relevant variables associated with online payment activities in real time worldwide. Kount uses this information to flag an order when components of the transaction appear suspicious, based on norms involving similar variables from other transactions. This minimizes the effort, time and volume of transactions merchants must manually review for suspected fraud.

“Public concern over fraud, data breaches and other cyber criminal activities continues to rise as millions of consumers have been exposed to identity theft, spurring online merchants to provide the best protection for themselves and the customers they serve.” said Brad Wiskirchen, CEO Kount. “Our partnership with GoECart extends the reach of our technology to thousands of merchants through fully-integrated solutions. Together we share a common goal, to help online merchants succeed by boosting sales and reducing costs and losses, especially those caused by fraud.”

Friday, September 12, 2014

Sales Tax DataLINK Gets Patent for Sales Tax Filing and Analytics Solution

Sales Tax DataLINK in Bentonville, AK, has received one of only 15 sales tax-related patents ever issued by the U.S. Patent and Trademark Office for sales tax software known as its “System and Method for Tax Filing, Data Processing, Data Verification and Reconciliation.”

“Sales tax compliance becomes more sophisticated and complex every day, so businesses need new technologies to stay ahead of these challenges,” said Noel Hamm, CEO of Sales Tax DataLINK. “The new era of filing software needs to safeguard businesses and accounting firms that want to be certain their sales taxes are being collected and remitted in the most accurate way.”

 “Sales Tax DataLINK is first and foremost a tax-filing software company, producing a suite of sales and use tax tools that engage sales tax analytics,” Hamm said. “Our software brings an unprecedented visibility and patterning to your tax data that eliminates the error gap from invoicing to tax filing.”

The patent was awarded on the basis of innovative technology that gives companies the ability to evaluate the health of their sales tax systems and to make educated corrections resulting in more accurate tax filing each month, Hamm said. Other sales tax software, according to Hamm, merely populates forms with no means of automatically validating the numbers.

More information is available at www.SalesTaxDataLINK.com

Monday, September 08, 2014

TaxJar Handles Sales Taxes for Square Sellers

According to Website MagazineTaxJar, an online service that manages sales tax filing for eCommerce merchants, has announced that it has opened up its services to Square users.

The new integration lets merchants link their Square and TaxJar accounts so TaxJar can manage and report the merchant’s taxes to state and local authorities, saving sellers the time and effort of doing it themselves and helping to avoid missed deadlines and tabulation errors.

Thursday, August 28, 2014

Yahoo Launches Robust eCommerce Platform

According to FierceRetail, Yahoo has introduced Stores, an eCommerce platform for retailers to build and grow businesses online.

"Yahoo Small Business took the best of everything we've learned from our million-plus customers over the past 16 years, and applied it to Yahoo Stores to give small business owners a more powerful, streamlined and beautiful way to turn their ideas into a business," wrote Amit Kumar, head of Yahoo Small Business, in an announcement.

The new platform makes it easy to create an online store and automatically integrate a PCI-compliant payment processing system, which connects retailers to a payment service provider in just a few clicks. The new platform also includes automatic SEO. 

Stores is intended to give neophyte eTailers the same serving technology used on Yahoo.com, including relevant keywords in the Website URLs, concise descriptions of the Website's content, a full product catalog schema, and tools for merchants to organize and promote their products.

Additional features include assistance with Website building and Website aesthetics, as well as the Live Web Insights mobile app that allows users to manage their Websites from their smartphones.

The Yahoo site offers three price points for Stores: $10.95 per month for the Starter edition (less than $12,000 a month in sales), $25.95 per month for the Standard edition ($12,000- $80,000 in monthly sales, with upsell/cross-sell capabilities), and $254.95 for the Professional edition (more than $80,000 per month in sales, and featuring the lowest transaction fees).  

Yahoo is actively competing with other search engines in the eCommerce platform business. This past spring, reports FierceRetail, Google launched a program to help retailers understand how their online ads were generating in-store sales

Friday, August 01, 2014

HSO Named 2014 Microsoft Dynamics ERP Partner of the Year

HSO, a global provider of Microsoft Dynamics AX business management solutions, have announced they were named the 2014 Microsoft Dynamics ERP Partner of the Year.

The award, which recognizes the top Microsoft Partners for their ability to solve customer challenges with
innovative technology solutions, was presented to HSO at the Microsoft Worldwide Partner Conference  in Washington, DC, July 13-17, 2014.

With over 400 professionals throughout Europe, North America and Asia, HSO combines innovative technologies including Microsoft Dynamics AX, Dynamics CRM, Office365 and BI solutions and extensive business process experience in the Retail, Distribution, Manufacturing, and Services industries to help their clients’ improve business performance and achieve and maintain a competitive advantage.

In addition to the Partner of the Year Award, HSO was named a member of the 2014 Microsoft Dynamics Inner Circle for the eighth year in a row. The Inner Circle honors an elite group of strategic partners across the globe with a commitment to customers, as reflected in their business performance and high level of sales
achievement.

Monday, July 21, 2014

Visa Checkout for Online Purchases

Visa has announced the launch of Visa Checkout, a payment service that replaces V.me and enables consumers throughout the United States, Canada and Australia to pay for goods online, on any device, in just a few clicks, according to a press release. 

Consumers can enroll any Visa debit or credit card, plus other branded cards, in Visa Checkout to make purchases from a PC, mobile device or within a mobile app. by entering their username and password to complete the payment process directly on the merchant’s website.

A new mobile SDK (Software Development Kit) is available, allowing developers to build and implement a native in-app checkout experience for iOS and Android-based devices. This can be downloaded from the Visa Developers website at http://developer.visa.com/visacheckout.

The Marketplace Fairness Act and the Internet Tax Freedom Act Would Kick The Can Down the Road

As Multichannel Merchant magazine has reported, the Marketplace and Internet Tax Freedom Act, which was introduced in the U.S. Senate on July 15 by Senators Mike Enzi (R-WY), Dick Durbin (D-IL), Lamar Alexander (R-TN), Heidi Heitkamp (D-ND), Susan Collins (R-ME) and Mark Pryor (D-AR), if passed, would keep the Internet free of across-the-board sales taxation for 10 years, while giving states the ability to enforce their sales tax laws on businesses selling to consumers located within their borders. Currently, based on the 1994 Quill decision, Web purchases are taxable only in states where the merchant has a "nexus," i.e. a store, warehouse, or other physical facility.
There are three salient issues here:
1) From the point of view of the consumer, if they are active direct purchasers now (via their computer, tablet, catalog, or phone), they may notice higher purchase prices on many items because the Nexus requirement will be eliminated. I doubt that this will depress sales much, however, since the convenience of direct sales will not be hurt by this. If you live in a state that collects sales taxes, it will eventually bring price parity to the marketplace.
2) From the merchant's point of view, this will place an even greater premium on free shipping than exists already, in those states with sales taxes (and likely in all states). 
3) From a systems perspective, the imposition of sales taxes on items shipped to virtually every state will mean that third-party sales tax management solutions will become even more popular (or necessary). Keeping track of all the rules and regulations is not something that any OMS vendor is going to willingly embrace, while the third-party sales tax collection services obviously excel at this. Since these packages are typically rather expensive (mid-five-figures), we may see more entries into this niche, which will give merchants more choice and potentially lower the pricing on them. 
Overall, though, it will make direct sales more expensive, and shift the complexity from keeping track of nexus for each merchant to keeping track of tax rules in each of the 44 states that collect sales taxes.
Ultimately, a universal direct sales tax, by being simpler, would reduce overall costs, level-the-playing field, and most likely result in higher direct sales revenues across the board. Like many compromises, the proposed legislation just kicks the can down the road.

Web Analytics