According to a survey conducted by Kaspersky Lab and B2B International, 62% of users worldwide fear financial fraud on the Internet, 49% of users felt vulnerable while shopping online or making online transactions, and 42% of users would utilize online payment systems more often if they felt they were protected from cyber fraud. In addition, 37% of users report terminating a financial operation in the middle of the process because they were unsure about the security of the transaction. This all clearly shows that consumer don’t have much confidence in security of online payment providers.
