Stax

SEPTEMBER 17, 2024

TL;DR PCI compliance is essential because it helps prevent data breaches, ultimately cultivating customer trust. There are 12 requirements under PCI DSS, divided into six major categories. Failing to comply with the Payment Card Industry Data Security Standard can have a number of severe consequences for a business.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Payment Savvy

FEBRUARY 6, 2023

These organizations operate by partnering with other entities, like acquiring banks and financial platforms, that provide the necessary infrastructure for payment processing to take place. Choose a partner that is PCI DSS compliant. But what exactly are ISOs, and how to become an ISO partner? 24/7 customer support.

ISOs 52

ISOs PCI DSS Processors Card Association 52

Evolve Payment

MARCH 21, 2024

Between the alphabet soup of acronyms (PCI? More specifically, the OCC labels a merchant processing activity as: “the settlement of credit and debit card payment transactions by banks for merchants through various card associations.” The issuing bank gets its name because it issued the credit card to your customer.

Process 52

Process Gateways Processors Credit Cards 52

PayHawk

APRIL 18, 2023

A Acquirer The financial institution that processes payments on behalf of merchants. Address Verification Service (AVS) A fraud prevention tool that checks the billing address provided by the cardholder against the address on file with the card issuer. Cardholder The person who owns the payment card being used to make a purchase.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52