Posted by Derek Slater, Policy Manager
Ten years ago, the vast majority of Internet users said they wouldn't use the Internet for any financial transactions. Today, more than 70 percent of Internet users access their credit card account via the Internet, and worldwide e-commerce spending is expected to exceed $1 trillion by 2013. And it makes sense why – the Internet provides not only vast product and service information, but also the opportunity to buy those goods right away.
For consumers and businesses to continue to benefit from online commerce, it’s important to keep it safe and secure. That’s why today we’ve posted a new Shopping Safety Tips page. Just as when you’re shopping offline, it’s vital to be a careful and informed buyer on the web.
We work hard to prevent fraud across our services and keep consumers safe online, including recent improvements to keep counterfeits out of ads . However, no individual or company can completely stop these activities on their own. Your help in reporting catch abuse and fraud are critical, and this page also provides links to where you can help us by reporting violations of our policies.
E-commerce is definitely a growing field. As an employee of a company that is in the e-commerce sector, I have first hand experience of what to look for in safe sites when it comes to on-line buying. Post back with any questions!
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