PYMNTS

FEBRUARY 27, 2018

To help shoppers use gift cards, coupons and loyalty rewards when paying with their mobile phones, Ingenico Group has made Google Pay Smart Tap available on its point of sale (POS) systems in the U.K. For example, Axium, Ingenico’s open Android POS, is built on its Telium Tetra operating system to converge business and payment.

Point-of-Sale (POS) 43

Point-of-Sale (POS) Data Security Acquirers Innovation 43

Stax

APRIL 18, 2024

Acquiring Bank (Merchant Bank): The financial institution that establishes and maintains the merchant’s account, enabling them to accept credit card payments. Visa, Mastercard): The intermediary networks facilitating transactions between acquiring and issuing banks. Card Network (e.g.,

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

Stax

FEBRUARY 15, 2024

FIS Global reports that in Norway, Sweden, and other Scandinavian countries, more than 90% of transactions processed at point-of-sale (POS) in 2023 were cashless. Regulatory compliance and security standards – ISVs and PayFacs prioritize compliance and security in their respective roles.

ISVS 88

ISVS Facilitators ISOs Payment APIs and Integration 88

Stax

DECEMBER 6, 2024

In June 2019, Fidelity National Information Services ( FIS ) acquired Worldpay in a massive $35 billion deal, making it the largest financial technology merger at the time. Q: How does Worldpay by FIS ensure payment security? The newly merged entity assumed the Worldpay brand while integrating Vantivs operational strengths.

Payment APIs and Integration 88

Payment APIs and Integration Payment Gateways Credit Cards Fraud Prevention 88

Stax

SEPTEMBER 17, 2024

A payment processor is a company that acts as the intermediary or middleman between the two banks: the issuing bank and the acquiring bank. The issuing bank is the bank of the customer, while the acquiring bank is the merchant’s bank (in other words, the one acquiring the funds). Card networks (like Visa, Mastercard, etc.)

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 88

Stax

SEPTEMBER 17, 2024

Failing to comply with the Payment Card Industry Data Security Standard can have a number of severe consequences for a business. PCI DSS stands for “Payment Card Industry Data Security Standards.” This may involve upgrading your network security, enhancing access controls, or investing in additional security tools.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Stax

APRIL 30, 2024

TL;DR Merchant processing ensures that all entities, such as the issuing bank, the acquiring bank, and the card company, work cohesively to facilitate payments between a customer and a business. These entities include the issuing bank, the acquiring bank, the card or digital payment company, and the payment processor.

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

PYMNTS

MARCH 8, 2017

Through the partnership , Bluefin’s PCI-validated point-to-point encryption (P2PE) solution will be used to help expand the data security for companies utilizing FAC’s payment gateway. PYMNTS: How will the partnership help to expand data security in the market? Is this an entirely new market for Bluefin?

Encryption 40

Encryption Data Breach Payment APIs and Integration Point-of-Sale (POS) 40

PYMNTS

MAY 6, 2019

Settlement delays are inherent in these kinds of pull payments, meaning merchants do not know at the point of sale (POS) if consumers actually have funds. . In addition, card payments require compliance with the Payment Card Industry Data Security Standard, which can be expensive to maintain.

Push-to-Card 44

Push-to-Card Risk Debit Card B2C 44

Clearly Payments

DECEMBER 5, 2023

This comprehensive guide aims to unravel the complexities and distinctions among three primary types of payment processors: Acquirers, Independent Sales Organizations (ISOs), and Aggregators. Acquirers or Acquiring Banks Acquirers, also known as acquiring banks , form the backbone of the payment processing ecosystem.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

Segpay

FEBRUARY 24, 2025

Last January, Segpay proudly announced that it has launched its new gateway payment platform: The Segpay Gateway can handle high volumes of merchant transactions in multiple currencies, keeping all data safe with the latest data security standards. Key Functions of a Payment Processor: Transfers transaction data securely.

Payment Gateways 45

Payment Gateways Processors Gateways Payment Service Provider (PSP) 45

Clearly Payments

APRIL 3, 2024

Transaction Initiation Customer Payment: The process begins when a customer makes a payment using a credit/debit card or other payment methods at a merchant’s point of sale (POS) system or online checkout. Here’s a simplified overview of how it works: 1. This usually occurs within a few days.

Process 59

Process Processors Online and Mobile Banking Payments 59

Evolve Payment

MARCH 21, 2024

Gateways securely pass sensitive customer data from your website or point-of-sale (POS) system to your payment processor. Issuing Banks & Acquiring Banks When your customer uses their credit card to pay you, two banks get involved: the issuing bank and the acquiring bank.

Process 52

Process Gateways Processors Credit Cards 52

Stax

DECEMBER 20, 2023

Train Your Staff To Handle Data Securely For in-person transactions, it’s crucial your staff is able to take payments in an efficient and trustworthy manner. Customers need to feel that their data is secure and that transactions don’t take any longer than necessary.

Credit Cards 88

Credit Cards Small Business Process Security 88

Payment Savvy

JULY 3, 2024

The cardholder swipes, dips, or taps their debit card at the merchant’s physical point of sale (POS) terminal. Once the card is swiped, tapped, or details entered, the merchant’s POS system or payment gateway captures the transaction details. This information is then sent securely to the acquiring bank.

Debit Card 52

Debit Card Process PCI DSS Processors 52

PayHawk

APRIL 18, 2023

A Acquirer The financial institution that processes payments on behalf of merchants. Clearing The process of exchanging payment information between the card issuer and the acquirer to settle a transaction. Discount Rate The percentage of each transaction that the merchant must pay the acquirer for processing the transaction.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

EBizCharge

APRIL 25, 2024

Apply for a merchant account A merchant account is typically set up through a payment processor or acquiring bank. This account serves as an intermediary between the business and the payment processor or acquiring bank, facilitating the secure processing of credit and debit card transactions, among other forms of payment.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Credit Cards Contactless Payments 52

EBizCharge

MAY 20, 2024

Saved cards To further enhance the customer experience and expedite future payments, NetSuite allows customers to securely save their credit card information within their customer records. Acquirer: An acquirer is a financial institution with the authority to process credit and debit card transactions on behalf of a merchant.

Process 52

Process PCI DSS Processors Payment APIs and Integration 52

CB Insights

JUNE 17, 2020

After privacy advocates raised concerns about user data security, the companies announced changes, including using Bluetooth signals instead of geolocation data. Businesses that had not already incorporated contactless payment options into their point-of-sale (POS) systems prior to Covid-19 have moved to do so.

Posting 101

Posting Technology Online and Mobile Banking On-Demand 101