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GoDaddy uppdaterar betalningsverktyg för att bekämpa fintechs, banker | Betalningskälla

Published

2 månader ago

29 januari 2023

GoDaddy uppdaterar betalningsverktyg för att bekämpa fintechs, banker | Betalningskälla

Like many payment companies, GoDaddy is betting merchants will want broader relationships with fewer financial services providers to cut overhead. To this end, it has tweaked its technology in an attempt to make it easier for sellers to use WordPress’ content management system and WooCommerce’s open source e-commerce technology to build a store.

These steps are part of an effort to bulk up on technology to offer a single location for payments and other needs for small merchants, particularly those that are facing economic challenges.

“If we’re in a recession these merchants will need to have an offering that is more relevant to more people, that allows them to sell more,” said Kasturi Nina Mudulodu, vice president of product management at GoDaddy. “These businesses have a lot on their plate, and they need to have some of their workload taken off of them.”

Following a December upgrade, GoDaddy contends it can now power a single dashboard to support sales and payments via brick and mortar locations, online marketplaces, social channels and platforms like Google, Etsy, eBay, Walmart and Amazon.

GoDaddy has been adding payment technology through a series of acquisitions and products in an attempt to offer a wide range of financial services.

The deployment is part of GoDaddy’s strategy to build a payment facilitator business, offering merchants the ability to support multiple payment types and sell in a variety of venues.

GoDaddy is a competitive threat to community banks in particular, because these banks rely on small businesses for a large share of their income, according to Richard Crone, a payments consultant, adding small businesses are the most lucrative portion of the payment market.

“This is what GoDaddy does,” Crone said. “It’s not just a one stop for payments but everything else you do to open a business. That’s eating into community banks, especially post-pandemic.”

As part of GoDaddy’s strategy, it has also launched a countertop payment terminal and mobile card reader target at small businesses. While GoDaddy is primarily an e-commerce company, other digital commerce companies have also added physical point-of-sale products in recent months.

Adyen, for example, recently debuted two point-of-sale devices, one designed for small businesses and one designed for larger merchants. Adyen is also an early adopter of Apple technology that allows iPhones to serve as point-of-sale card readers. In-store point-of-sale hardware allows Adyen to offer unified commerce for merchants in both online and offline channels. Revolut, a U.K. fintech that has its roots in mobile payments, also in 2022 introduced point-of-sale hardware shortly before debuting a single-click digital payment option, with a similar goal of covering all bases for merchants.

“Some of these sellers and marketplaces need to be in stores as well,” Mudulodu said.

GoDaddy has been building its payment business brick-by-brick through internal product developments and acquisitions over the past two years, as it diversifies beyond a company traditionally known for managing web domains.

GoDaddy’s $320 million acquisition of Poynt in late 2020 gave GoDaddy access to a variety of payment technologies aimed at small businesses, such as point-of- sale systems, apps, incentive marketing and invoicing. In another 2020 deal, GoDaddy purchased SkyVerge, adding dozens of WooCommerce extensions for email marketing, payments and other merchant services.

GoDaddy in 2021 acquired Pagely, the technology firm that created WordPress, which gave GoDaddy tools to build a cloud-hosted WooCommerce platform. An earlier acquisition of Sellbrite gave GoDaddy tools to offer sales across different e-commerce platforms. GoDaddy also offers a transaction processing platform called GoDaddy Payments.

The market to facilitate e-commerce and online payments for merchants is extremely competitive at this point, said Daniel Keyes, a senior analyst for Mercator’s merchant services practice.

“There are already a number of major players in the space as well as firms that cater to specific categories of merchants, and many merchants have already found a partner in the years following the onset of the pandemic since that pushed more of their business online,” Keyes said.

Payment facilitators act as an alternative to banks and traditional payment processors, and the market for payment facilitators is crowded and expanding. Stripe, PayPal, Block/Square and potentially dozens of other firms fit into this category. These companies have also expanded their products to offer financial super apps, or a bundle of financial services. FIS, Jack Henry and Fiserv have also bundled products that support card issuance and payment processing to stay relevant against the payment technology companies.

“There is still room for other firms to join the space and succeed if they can compete on price, offer an exceptionally convenient experience for merchants, or provide unique tools,” Keyes said.

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WordPress force uppdaterar tusentals webbplatser efter WooCommerce-säkerhetsbrott

Published

4 timmar ago

mars 24, 2023

EntirewebNewsBot

Top website builder (öppnas i ny flik) WordPress has pushed an urgent update to users with the WooCommerce add-on installed in response to a highly disruptive security vulnerability.

Cybersecurity researchers from GoldNetwork recently discovered a major flaw affecting WooCommerce Payments 4.8.0 and higher. WooCommerce is an open-source ecommerce WordPress plugin designed to service small and medium-sized businesses.

Explaining the bug in more detail, researchers from WordFence (a cybersecurity team focused on WordPress) claim the bug allows threat actors to “impersonate an administrator and completely take over a website without any user interaction or social engineering required.”

Disaster avoided

WooCommerce devs have now released a security update, and the good news (or so it seems right now) is that the Swiss researchers were the first ones to discover the flaw.

“At this time we have no evidence that the vulnerability was exploited beyond identifying it in our own security testing program. We do not believe any store or customer data was compromised as a result of this vulnerability,” BleepingComputer cited Beau Lebens, Head of Engineering at WooCommerce.

“We immediately deactivated the impacted services and mitigated the issue for all websites hosted on WordPress.com, Pressable, and WPVIP.”

If you have a WordPress site with WooCommerce, chances are it’s already been updated: “We shipped a fix and worked with the WordPress.org Plugins Team to auto-update sites running WooCommerce Payments 4.8.0 through 5.6.1 to patched versions. The update is currently being automatically rolled out to as many stores as possible,” Lebens said.

Here are all the vulnerable WooCommerce Payments versions: .8.2, 4.9.1, 5.0.4, 5.1.3, 5.2.2, 5.3.1, 5.4.1, 5.5.2, and 5.6.2.

If your website is still running any of the above mentioned versions, chances are it still hasn’t been updated. To do so manually, head to your WP Admin dashboard, navigate to Plugins, find WooCommerce Payments, and look for a notification about the vulnerability, as well as the instructions on how to update.

Via: BleepingComputer (öppnas i ny flik)

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Bluehost lanserar nya handelslösningar för WordPress – ThePrint –

Published

12 timmar ago

mars 24, 2023

EntirewebNewsBot

Mumbai (Maharashtra) [India], March 24 (ANI/PRNewswire): Bluehost, one of the largest WordPress hosting providers in the world, today announced the launch of its new commerce solutions that make it simple for customers to launch their online stores and makes using WordPress easier by bringing together YITH plugins and WooCommerce. Addressing the need for a simple, convenient online selling solution for all, Bluehost’s new commerce solutions, bring together the power of WordPress, the versatility of WooCommerce and the elegant simplicity of YITH plugins to empower users to easily create online stores that truly stand out from the rest.

From a mobile-responsive eCommerce website to powerful connections with all the major online marketplaces, Bluehost’s commerce solutions enable users to sell products anywhere and everywhere confidently. The affordable all-in-one commerce solutions allow users to build a robust online store. Users can easily accept payments, sell across popular marketplaces, schedule calendar appointments, ship new customer orders, print labels, and add advanced features like GiftCards, WishList, Customer Account Page, and more. Site owners will save time and energy maintaining every aspect of their eCommerce business, all from one platform.

Bluehost’s commerce solutions make selling online easier and save customers hundreds of dollars by bundling enhanced plugins.

“We have so many customers around the world with unique needs and different levels of expertise building online stores,” said Ed Jay, President of Newfold Digital, the parent company of Bluehost and YITH. “With the launch of Bluehost’s new commerce solutions, our team is addressing the needs of small businesses looking for the flexibility and power of WordPress but want the experience of coming online and selling to be simple. The curated experience we are providing strikes the perfect balance of security, reliability, and functionality by taking the power of WordPress and putting it into the hands of users in a way that feels intuitive and native for each of our customers seeking to grow their businesses.”

Bluehost’s commerce solutions offer the functionality, and the perfect mix of tools, plugins and guidance online sellers need to start and grow their online business including:

– Easy Online Store Creation: Bluehost’s new commerce solutions come with an easy-to-follow onboarding experience. Answer a few simple questions and within minutes users will have the right foundation pages to launch their site. The guided onboarding experiences walks users through the set-up process for commonly needed features of an online store, like payment processing, tax information, shipping and managing product inventory. It helps customers launch further, faster by setting up their theme, fonts, top menu and homepage by assembling a custom design in a few simple steps.

– WooCommerce and Enhanced YITH Plugins: Both of Bluehost’s commerce solutions come with WooCommerce and enhanced YITH plugins. YITH is one of the largest sellers and developers of WooCommerce Plugins for WordPress, with nearly 2.3M active installs and more than 100 plugins that expertly solve critical eCommerce needs. Payment Processing, Gift Cards, Wish Lists, Appointment Bookings, Shipping, Product Search/Filtering and Customer Account Creation are included, providing users with everything they need to build an online store for a simple low price.

– Sales Across Multiple Marketplaces: Whether users are selling on Amazon, Etsy, eBay, Shopify, BigCommerce, or any other kind of marketplace, the Bluehost Online Store + Marketplace plan allows customers to manage their inventory from one centralized dashboard. This allows them to analyze which marketplace is the best place for selling their products, as well as keep track of inventory in real-time without having to log into multiple dashboards.

– Yoast SEO: The #1 WordPress SEO Plugin powering more than 13 million websites. Yoast SEO is made by world-renowned SEO experts and is packed full of features, designed to help visitors and search engines to get the most out of their website. Newfold acquired Yoast in August 2021.

– New WordPress eCommerce Block Theme “Wonder” Pre-installed: Take advantage of WordPress’s Block Editor with Wonder’s 24 patterns, focused on shops, and six different style variations. YITH, a leading global provider of WooCommerce plugins acquired by Newfold in March 2022, built Wonder leveraging their WordPress commerce expertise.

– Professional Services and 24/7 Expert Support: In-house Bluehost experts are readily available to help customers get online and support customers if roadblocks are encountered while creating an online store, via online chat or over the phone at 1800-419-4426.

For more information on Bluehost’s commerce solutions, including product features and details, visit Bluehost.in.

Bluehost is the leading web hosting solutions provider specializing in WordPress. Since its founding in 2003, Bluehost has been trusted by millions of people because it makes building, growing, and managing successful WordPress websites easy. Bluehost delivers a suite of WordPress solutions designed with the perfect mix of guidance, tools, and expertise to build a professional website. Bluehost is a part of the Newfold Digital family of brands. For more information on Bluehost, visit Bluehost.in.

Newfold Digital is a leading web and commerce technology company serving nearly 7 million customers globally. Established in 2021 through the combination of leading web services providers Endurance Web Presence and Web.com Group, our portfolio of brands includes: Bluehost, CrazyDomains, HostGator, Network Solutions, Register.com, Web.com, Yoast, YITH, and many others. We help customers of all sizes build a digital presence that delivers results. With our extensive product offerings and personalized support, we take pride in collaborating with our customers to serve their online presence needs. Learn more about Newfold Digital at Newfold.com.

Media Contact:

Paola Lorenzo

[email protected]

This story has been provided by PRNewswire. ANI will not be responsible in any way for the content of this article. (ANI/PRNewswire)

This story is auto-generated from a syndicated feed. ThePrint holds no responsibility for its content.

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Denna lömska kreditkortsstjälare gömmer sig inom betalningsprocessorer för att undvika säkerhetsskanningar

Published

20 timmar ago

mars 24, 2023

EntirewebNewsBot

A sneaky new credit card stealer has been discovered hiding in places that are difficult to scan, and thus managing to steal payment (öppnas i ny flik) information without triggering any alarms.

A report from cybersecurity experts Sucuri notes how it stumbled upon the malware when called in to investigate an “unusual infection” at one of its clients’ payment endpoints.

As it turns out, the malware was hiding in the site’s WooCommerce payment gateway module called Authorize.net, which process payment details on checkout. As this module works after the user submits data at checkout, cybersecurity solutions have a harder time detecting potentially malicious code hiding within.

No vulnerabilities

Usually, threat actors would inject malicious code into the HTML of the store of customer checkout pages. The code would then grab the data being inputted during checkout – giving hackers access to sensitive data such as full credit card numbers, CVV numbers, expiration dates, phone numbers, email addresses, and other important information.

But today’s cybersecurity solutions can scan the HTML code for malware and thus keep the ecommerce sites safe.

That’s why this creative malware developer turned to the Authorize.net payment processing system. Apparently, it is currently being used by more than 400,000 merchants all over the world.

But the WordPress ecommerce plugin WooCommerce, or the Authorize.net payment gateway, are not flawed, and do not carry any vulnerabilities, Sucuri stressed.

“Overall they are both robust and secure payment platforms that are perfectly safe to use. Instead, this article highlights the importance of maintaining good security posture and keeping environments locked down to prevent tampering from threat actors.”

“Just like any other piece of software, if malicious actors compromise an environment they can tamper with existing controls,” they concluded.

To remain secure, businesses are advised to leverage file integrity monitoring, keep a close eye on modified files, and urged to “take every possible avenue to keep the attackers at bay.”

Via: BleepingComputer (öppnas i ny flik)

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