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Global ecommerce payments are set to soar in the next few years
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The value of global ecommerce payment transactions is on track to exceed $ 7.5 trillion by 2026, according to a new report from Juniper Research.

This represents a growth rate increasing by 55% over the next five years, with the sector previously valued at $ 4.9 trillion in 2021.

Retailers offering omnichannel retail experiences are highlighted as the main driver of this growth, which over time, will increase user ecommerce spend, the analyst firm claimed, as omnichannel retail provides end users with the ability to access retail services, including sales and customer support, via multiple channels. 

Ecommerce spend rises

The report also predicts that ecommerce payments, including online, mobile and physical retail locations will all contribute to the sector’s growth, as users expect the same services to be available irrespective of the channel.

Juniper Research states that there is an increase in appetite for new payment methods within eCommerce checkouts, including Open Banking-facilitated payments and digital wallet one-click checkout buttons. 

“Merchants should ensure payment options match changing user expectations, or they will be rapidly left behind”, it added.

Amongst other insights, the study additionally found that by 2026, China will account for over 37% of global ecommerce payments by transaction value, which will provide ecommerce website users easier access to alternative payment methods.

Physical goods sold on ecommerce platforms will account for 82% of the global ecommerce payments transaction value in the next five years, with Juniper Research highlighting that the COVID-19 pandemic will continue to aid the growth of online shopping globally.

With that in mind, Juniper Research highlights that alternative payment methods that integrate fixed installment plans and flexible credit in ecommerce check out options will continue to capitalize on this growth.

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Retailers using WooCommerce are the next target for Magecart card skimmer attacks
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Three new Magecart attacks are taking advantage of potential vulnerabilities in the WooCommerce ecommerce platform, experts have warned.

Discovered by RiskIQ, the vulnerabilities target retailers using third-party themes and tools to integrate into  WooCommerce pages that are particularly prone to Magecart risk.

As a result, many consumers are potentially vulnerable to having credit card details stolen ahead of the holiday shopping season.

Magecart threat 

Further research by Barn2, a software company that specializes in WooCommerce products and WordPress, found that WooCommerce represents 29% of the top one million websites using ecommerce technologies. This exceeds five million active installs of the free plugin as of early 2021.

WooCommerce is notably popular because it is a free to use and easily customisable WordPress plugin. 

“WooCommerce users are often small and medium-sized businesses, sometimes considered the most vulnerable, as they lack resources for complex and highly-vetted third-party tools. As we've seen over the years, both small and large retailers can be the targets of Magecart skimming,” RiskIQ wrote in its blog post.

In a typical Magecart attack, threat actors use a vulnerability and weaknesses in an ecommerce platform to inject a malicious code that skims online payment forms to intercept the payment information of unsuspecting customers.

As these third-party tools integrate with thousands of websites, when one supplier is compromised, Magecart has effectively breached thousands of sites at once.

RiskIQ's detection of skimmers and other malware shows the innumerable ways threat actors gain access, deploy, and hide their tools on victim websites and advice site operations to regularly inspect their crontab commands for strange contents, ensure that access permissions are correct, and audit file access to it.

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Next WordPress release delayed after ‘large red flags’ identified
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The WordPress developers have decided to push back the release of the next major version of the popular content management system (CMS) to January, 2022, after some developers expressed concern about the pace of development.

“I think there are some large red flags here that some things are not ready for 5.9….Overall, it seems like right now we are rushing things in a dangerous way,” wrote Addison Stavlo, a contributor to WordPress’ Gutenberg editor.

The original plan was to release WordPress 5.9 in mid December, 2021. However, things weren’t smooth during the alpha release cycle, forcing core developers to make several changes.

Better late than sorry

Not impressed by the changes to “so many things at the last minute,” Stavlo wondered why delaying the release wouldn’t be a better idea than making “regrettable decisions.”

As she announced the revised schedule Tonya Mork, Core Tech Lead for the 5.9 release, shared that the team had two options; either move the major features that had unresolved issues to the WordPress 6.0 release, or delay the release of WordPress 5.9. 

After careful deliberation, the core developers decided that the issues would be best handled now than later.

“The 6.0 release isn’t due until April 2022—too long for the community to wait for them [the features]. After processing this list of issues, Core Editor team saw the features could ship in 5.9 with the revised schedule. This decision, to delay the 5.9 release, was not made lightly,” explains Mork.

5.9 is still in feature freeze, and Mork stresses that the developers will use the elongated development period to iron out the issues and help 5.9 get to a Stable state.

Build your websites with the help of these best WordPress website builders and use these best WordPress hosting providers to host them

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Zoom will soon make it obvious if you’re late to your next big meeting
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Zoom is rolling out a number of new updates for its video conferencing software and one of them might finally encourage users to ensure they're on time for their next big meeting.

According to a new blog post from the company, Attendance Status makes it easier for organizations to streamline the start of their Zoom Meetings by allowing meeting hosts and co-hosts using its Google Calendar or Outlook Calendar integrations to view who has accepted or declined a meeting invite.

However, this new feature also gives them the ability to see whether everyone invited to a meeting has joined. If you're used to arriving earlier for video calls, you should be fine but for those that try to slink in unnoticed later on in a meeting, your boss or manager will now be aware of your absence, so tread carefully.

You'll also no longer be able to use the excuse that you had to update your Zoom client as Zoom recently added a new automatic update feature for Windows and macOS that ensures everyone in a meeting is running the latest version of the company's software.

Slides, polling and watermarks

In addition to its new Attendance Status feature, Zoom is also rolling out other new features to help hosts engage with their attendees and get the most out of their recorded content.

As a presenter isn't always the one controlling a slide show, Zoom users can now select multiple people to control the movements of slides in a presentation. This means that presenters will no longer have to ask another attendee to move their presentation forward.

When it comes to getting feedback and insights from team members during meetings, Zoom has added more options for creating polls including ranked responses, matching, short and long answers and even fill in the blank. At the same time though, this feature can also be used for quizzes to create more effective experiences for students, onboarding sessions or other events.

Finally, Zoom is adding additional watermark settings to its software to help organizations and individuals get the most out of their recorded content and avoid distracting watermarks. Users can now set the size and placement of watermarks as well as enable them by default and customize them via the web portal prior to starting a meeting.

Looking to improve your video calls? Check out our roundups of the best video conferencing software, best business webcams and best headsets for conference calls

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