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Cybersecurity fears drive SMBs to third-party payment services

Between 2010 and 2013, there was a 25 percent drop in small business processing online orders as traditional credit card merchants. Instead, they turned to third-party payment services, primarily due to concerns over cybersecurity and costs. 87 percent of small businesses had a security breach in the previous year, up 76 percent from previous year. 63 percent of businesses nearly two out of three were attacked by an unauthorized outsider in the last year, according to a UK study released by PwC and InfoSecurity Europe.”]

Source: https://www.csoonline.com/article/2452727/cybersecurity-fears-drive-smbs-to-third-party-payment-services.html

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