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More than one in 10 Canadians who shop online have fallen victim to identity theft, with Ontarians hit the hardest, a survey released yesterday suggests.
The survey, conducted by Ipsos Reid on behalf of PayPal Canada, found that 12 per cent of all online shoppers polled in Ontario claimed they had been victims of identity theft. Albertans were second-hardest hit, with nine per cent reporting their identities stolen.
"People are doing more and more transactions online and that predisposes them to more chances of a fraudulent transaction happening," said Darrell MacMullin, country manager for PayPal Canada. "Fraud continues to evolve. Don't share information online that you don't want everyone to know."
Only eight per cent of respondents from British Columbia and Quebec were hit, while fewer than six per cent of respondents in Atlantic Canada reported having their identities stolen.
According to data from Phone Busters and the Canadian Anti-Fraud Call Centre, which is operated by the RCMP, Canadians have reported 8,048 cases of identity theft so far this year, totalling $7.3 million in losses.
In 2007, there were 9,971 cases of identity theft reported, totalling only $6.4 million in losses.
Globally, English-speaking countries have been hardest hit by identity theft, according to the study. Around 10 per cent of online shoppers in Canada, the United States and Britain reported having their identities stolen, compared to only five percent of respondents in France, Germany and Spain.
Online banking, Internet-based payment systems and social networks containing vast amounts of personal details are proving to be the newest frontiers where criminals can commit identity theft.
According to the PayPal study, more than 85 per cent of respondents are aware of identity theft. Many actively try to minimize their chances of falling victim.
Bob Spence, a spokesman for the Privacy Commissioner of Ontario said consumers should take several measures to protect themselves from identity theft.
He said consumers should conduct an annual credit check on themselves, as well as immediately report any activity they deem to be suspicious. He also said that consumers should regularly change their online passwords and be stingy when it comes to giving out personal details online.
Monday, 27 October 2008
Alternatives To Paypal & Ebay + Paypal in The News
Monday, 11 February 2008
Ebay Fee Hike Sparks Mass Exodus
Editor's note: This story was originally published Jan. 30 by CNN.Money
"If eBay's fee changes were meant to shore up market share at a time when sellers are increasingly migrating to competitors such as Amazon (AMZN, Fortune 500), initial response suggests it may do the opposite: eBay's veteran sellers are furious, with some forecasting ruin for their businesses.
"Ouch!" said Laura Ricciotti, a seller from Windsor, Ontario, about Tuesday's announcement of a new fee structure for the online auction giant.
Ricciotti said the new fees, set to go into effect Feb. 20, will pinch her already tiny margins selling children's books through her eBay (EBAY, Fortune 500) store, Read With Me Books, which began in 2000 with posts for a few auctions for baby clothes and other finds.
"Sellers need to remain competitive in their pricing to do well in eBay's global marketplace, and it will be very difficult to continue to do so and still see a profit," she said, under the new scenario."
And that was one of the gentler reactions
Thursday, 24 January 2008
Alertpay - A Great Alternative To Paypal
Alertpay
Alertpay is similar to Paypal but not of of us like doing business the Paypal way.. Alertpay are a Canadian company based in Montreal & have been providing online payment services for the last 6 years. As well as being a great way to by stuff online, Alertpay has a awesome referall program. Here are the details of the program below:
It's easy to start earning. Here's how:
Step 1: Login to your secure Alertpay account
Step 2: Click on the Profile Tab
Step 3: Select your personalized referral link that you can use in your emails, website, banners and so on.
Step 4: Each time someone you refer makes AlertPay their way to pay, we will pay you
$5.00. When you refer more then 10 qualified friends, we will pay you $10 for each referral.
Step 5: Your referral Bonus will be paid to your account 10 days after successful qualifications.
Note: In order to receive your referral bonus, your referral must fulfill the following requirements:"Create an Alertpay Premium or Secured Account (or upgrade their personal account)"Transacts at least $250.00 (sending and/or receiving) through their AlertPay account
Saturday, 5 May 2007
Google Checkout - A Great Alternative to Paypal
If you are a online merchant then why not start accepting payment via Google Checkout? The Bay of E does not allow Google Checkout & If you try & intergrate the payment system into Ebay you will get a warning message along the lines of "Google Checkout is banned by Ebay as a payment option" But what you CAN do is invoice your winning bidders via Google Checkout... simply click the number of bids your item received that has sold, then click "Show Email Addresses" once you have your winning bidders email simply "send invoice" via Google Checkout..
