Service Objects Announces Record Breaking Number of Transactions Processed on Cyber Monday 2017

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Number of real-time transactions processed significantly exceeded previous years’ totals.

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Some of the largest retailers in the world use Service Objects’ real-time services to streamline their online shopping experience. - Geoff Grow, CEO, Service Objects

Service Objects, the leading provider of real-time global contact validation solutions, announced it processed a record number of contact data validation transactions on Cyber Monday 2017. This is in line with numbers released by Adobe Insights, which reported shoppers spent 16.8% more in 2017 than on Cyber Monday 2016, setting a new online record of $6.6 billion in sales. The mobile sales record was also surpassed, reaching $2 billion over a 24-hour period.

Service Objects’ contact validation services play a vital role in the online shopping process, enabling retailers to verify that an individual’s contact information is genuine, accurate and up-to-date. By validating a person’s name, address, phone number, email and device, businesses significantly increase package delivery rates and considerably increase their ability to detect fraudulent transactions.

“Some of the largest retailers in the world use Service Objects’ real-time services to streamline their online shopping experience. With the record breaking sales numbers generated on Cyber Monday, our customers processed over a million more transactions on that day than previous years, making it the largest day in our company’s history,” said Geoff Grow, CEO and Founder of Service Objects. “As online shopping continues to capture a larger percentage of retailers’ overall sales every year, we provide the ability for merchants to validate and clean their customer contact data against hundreds of authoritative data sources - all in a blink of an eye.”

Service Objects offers three ways for a business to connect with our services: real-time API integration, Cloud Connectors or sending a list to process. For more information on our global contact validation services, please contact us.

About Service Objects
Founded in 2001, Service Objects is the leading provider of contact validation solutions, validating online transactions in real-time, including contact name, address, phone, email and device. Using Service Objects’ global validation and location web services, businesses can detect and correct inaccurate contact data, identify fraudulent transactions, provide additional insight on customer data, and process transactions in a more efficient manner. Service Objects has validated nearly 3 billion contacts, and major brands such as American Express, LendingTree, and Amazon rely on Service Objects for their data validation needs. For more information about Service Objects’ real-time web services, please visit http://www.serviceobjects.com or contact sales(at)serviceobjects(dot)com.

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Carolyn Healey
Service Objects
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