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When a customer purchases on a merchant’s website, the payment gateway securely collects and transmits the payment information to the payment processor or acquiring bank for authorization. Payment gateways facilitate the secure transmission of payment data between a merchant’s website and the payment processor or acquiring bank.
Security: Salesforce adheres to stringent security protocols, such as PCI compliance, multi-factor authentication (MFA), and advanced dataencryption, to safeguard payment data. Encryption, fraud detection systems, and regular security audits protect business financial information and customer payment data.
Third-Party Service Provider ( TPSP or "service provider") refers to an entity other than the Merchant, Acquirer, or Issuer involved in storing, processing, or transmitting card data. Generally, if you’re coming into contact with cardholder data, it’s your organization’s responsibility to protect it.
These providers offer features like single sign-on (SSO), multi-factor authentication (MFA), and identity governance, all delivered through a secure cloud environment. Following its acquisition of Ping Identity, Thoma Bravo also acquired ForgeRock in a $2.3
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