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This new Microsoft Edge update wants to help you snap up a bargain on Black Friday
Microsoft Edge has revealed a new tool that it hopes can help shoppers enjoy even more bargains this Black Friday.
Microsoft's browser has teamed up with third-party payments firm Zip (previously known as Quadpay) to offer a "buy now, pay later" option built directly into Edge for users looking to spread the cost of payments when shopping online.
Users will be able to split any purchase between $35 - $1,000 made through Microsoft Edge  into four installments over six weeks.
Microsoft Edge BNPL
Buy Now Pay Later (BNPL) services have skyrocketed in popularity in recent years as customers look for more options on how to shop and pay online.
"Buy now, pay later,†or BNPL, lets shoppers break their purchases into equal installment payments, often interest-free, which can allow shoppers to get their purchase upfront, instead of having to wait until it’s paid in full," Microsoft wrote in a blog post announcing the news.
"On top of coverage, we also aim to 1) meet you where you are. 2) simplify the application process."
The new option will appear at the checkout phase when a user makes a purchase, appearing as an alternative choice when filling in a credit or debit card number. Other shoppers will be able to access BNPL when they enter the checkout page.
You'll need a Zip account to use the feature, but this can then be linked to the Microsoft account used for Edge, which Microsoft says can be done with just a click, meaning you don't have to go through a long sign-in process each time.
The new BNPL feature is currently available in the Microsoft Edge Canary and Dev channels, with the company hoping to offer it by default to all users in Microsoft Edge release 96.
This should mean users around the world can benefit from it soon, although there's no concrete release date just yet.
These are the best ecommerce platforms around today
Date
17 Nov 2021Sources
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Watch out - that PayPal email could be a phishing attack
Read MorePayPal is the world’s most popular payment system - for threat actors trying to trick people into giving away their login credentials, new research has claimed.
Analyzing phishing campaigns taking place throughout 2021, Atlas VPN researchers found that almost two in five (37.8%) of all financial phishing attacks impersonated PayPal.
The premise is simple - the threat actors will set up a landing page that looks almost identical to the PayPal login page, and will create an email that mimics the looks and the feels of a newsletter, notification email, or warning from the company.
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Amazon and Apple in the crosshairs
That email will always hold a link, inviting the victim to log in with their endpoints and sort out whatever troubles await. That link, however, instead of driving the victim towards the actual PayPal login page, will lead them into the fake landing page where, if they’re gullible, they’ll give away their passwords to the attackers.
Besides PayPal, cybercriminals also love impersonating Mastercard. As the second most-abused financial payment brand, Mastercard was impersonated in 12.2% of phishing instances. The goal, in these attacks, is to obtain credit card information.
With a 10% market share, American Express took the third spot.
Read more“To avoid getting tricked by a phishing attack targeting payment systems, users should keep in mind several things,” says Atlas VPN cybersecurity writer Vilius Kardelis.
“Websites impersonating popular brands will always have suspicious domain links, which can help to recognize whether the page is legit easily. Also, emails from scammers might contain grammatical errors, so keep an eye out for that.”
Payment services aside, threat actors also love to impersonate ecommerce brands, with Apple and Amazon being the most abused brands. Almost half of all phishing attacks that used an ecommerce brand (48.78%) chose Apple, while Amazon was used in 21.48% of cases.
With 5.32% of the market share, eBay takes the third spot, followed by Alibaba with 4.14%.
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