GDPR is important for any businesses taking online payments or handling customer data, so naturally, it applies strongly to the world of ecommerce.
Customers trust your business enough to hand over their payment details, and you need to ensure that you are trustworthy enough to comply to GDPR regulations. From consent to protection, we cover all you need to know for your ecommerce business to be GDPR compliant, right here on our expert blog.
If you sell or market to anyone in the EU, you need to be GDPR compliant. Failure to follow GDPR requirements can deliver fines of up to $20 million euros. When customers check out on your e-commerce website, they provide you with their payment details, postal address, email address and more. You need to ensure22nd October 2018
This year we saw the greatest change to European data security in 20 years with the EU General Data Protection Regulation (GDPR) effective as of May 25, 2018. The legislation requires all organizations that collect, process or monitor EU citizens personal data to comply with the regulation. eCommerce businesses and online stores, in fact, any10th October 2018
The General Data Protection Regulation (GDPR) became enforceable beginning 25 May 2018 – the legislation places scrutiny on (and potentially penalizes) eCommerce websites for the way they collect the data of European citizens. Management consulting firm Oliver Wyman predicts that $6 billion in penalties will be levied against non-compliant companies in the first year of10th October 2018
Why do eCommerce businesses need to be GDPR compliant?
- When customers check out on your website, they provide you with their payment details, postal address, email address and more. You need to ensure that this data is protected.
- Consent is everything when it comes to ecommerce and data. If it has been previously given, this consent may no longer suffice under GDPR and may have to be obtained again. You may be using pre-ticked boxes for email marketing and such like, which are not GDPR compliant.
- If you are found to be in breach of the new GDPR guidelines, you may be fined up to 4% of your turnover or 20 million euros.
Things ecommerce businesses need to know about GDPR
The dust from GDPR’s May 25th, 2018 date has not settled and the data protection community is now bracing itself for the new California Consumer Privacy Act (CCPA). Several states in the U.S are following the General Data Protection Regulation (GDPR) with similar privacy initiatives. On 28th June 2018, California passed a sweeping consumer privacy law:10th October 2018
The General Data Protection Regulation (GDPR) came into force on May 25th, 2018, the most expansive overhaul of privacy regulations in a generation. Within days, high-profile cases were launched against the likes of Google, Facebook, and Amazon. However, 4 months on why haven’t we seen a wave fines imposed on the thousands of complaints received10th October 2018