Stax

NOVEMBER 21, 2024

TL;DR Credit card payment processing encompasses the series of activities that enable your small business to accept credit card payments from customers and facilitate the transfers of relevant funds from the buyer’s bank account to your business account. You are likely better off opting for a third-party platform.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

Clearly Payments

JUNE 7, 2024

Any modern payment gateway has a robust set of APIs (Application Programming Interfaces), along with clear documentation. These APIs allow mobile apps, websites, software platforms, and other devices to seamlessly call the payment gateway to conduct transactions and retrieve or send data. What is a Payment Gateway API?

Payment Gateways 59

Payment Gateways Gateways API Payment APIs and Integration 59

Payment Savvy

NOVEMBER 11, 2020

That is the reason why payment gateways were created. They encrypt card information, as well as authorize or decline a transaction. . How to Define a Payment Gateway. One can define a payment gateway as the technology capturing and transferring online payment data from the customer to the acquiring bank account.

Payment Gateways 52

Payment Gateways Gateways PCI DSS Credit Cards 52

Stax

NOVEMBER 14, 2024

Here are the inside details about what defines a payment solutions provider, how processing works, the credit card processing fees , risks, and more. They include: the merchant, cardholder, card associations, acquiring bank, issuing bank, and payment processor. Acquiring Bank: The business’ (i.e., merchant’s) bank.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

Fintech Finance

OCTOBER 16, 2024

Macro Global , a leading global FinTech company, today announced a strategic partnership with Trust Payments , a leader in payments powering truly innovative customer-centric commerce solutions worldwide, which will make it simpler for cardholders to send money anywhere. uptime and next-day funding available.

Cross-Border Payments 105

Cross-Border Payments Cross-Border Payments Settlement 105

Ikajo

MARCH 26, 2021

Today we will take a look at payment gateways – the key intermediaries in online settlements. What is a payment gateway? A payment gateway is a hardware and software complex that allows merchants to automate the process of accepting payments via the Internet. How to choose a payment gateway?

Payment Gateways 52

Payment Gateways Gateways Process Online and Mobile Banking 52

Segpay

FEBRUARY 24, 2025

There seems to be a lot of misunderstanding about the differences between a Payment Gateway, a Payment Processor and a Payment Service Provider (PSP). In the fast-paced world of e-commerce, web merchants navigate a complex landscape of payment solutions. What is a Payment Gateway?

Payment Gateways 45

Payment Gateways Processors Gateways Payment Service Provider (PSP) 45

Stax

AUGUST 29, 2024

Learn More Understanding Payment Service Providers (PSPs) A payment service provider helps businesses with the acceptance and processing of payments made via electronic payment methods, including credit cards, debit cards, digital wallets, ACH transfers, and payment apps.

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking 88

Stax

MARCH 15, 2024

Secure payment systems are easy to implement, as you use your payment processor to create a secure payment gateway. By combining a secure payment system with secure payment habits like not collecting excess data from customers, you’ll go a long way in safeguarding your business against fraud.

Process 88

Process Security PCI DSS Encryption 88

Clearly Payments

FEBRUARY 14, 2024

In today’s global economy in 2024, the financial transactions has evolved into a dynamic ecosystem, where a multitude of players work together to facilitate fast and secure payment processing. The payment processing ecosystem is vast and multifaceted, with a staggering array of statistics underscoring its significance.

Payments 104

Payments Value Added Service ISOs BNPL 104

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: Why was it important for Bluefin to make its solutions available to merchants and acquiring banks in the LAC region?

Encryption 40

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

Stax

APRIL 18, 2024

Merchant: The business or entity selling goods or services and accepting credit card payments. Acquiring Bank (Merchant Bank): The financial institution that establishes and maintains the merchant’s account, enabling them to accept credit card payments. Card Network (e.g.,

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

EBizCharge

MARCH 12, 2024

Online payment gateways: Online payment gateways act as intermediaries between merchants and financial institutions. 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.

Credit Cards 52

Credit Cards ACH Payment Gateways PCI DSS 52

Stax

DECEMBER 9, 2024

Initiating a Credit Card Purchase When a consumer wishes to make a credit card payment, they present their credit card to the merchant. The merchant processes the payment using a card terminal or an online payment gateway. These accounts are typically provided by acquiring banks or third-party payment processors.

Credit Cards 88

Credit Cards Process Disputes Card Issuer 88

Stax

FEBRUARY 26, 2024

Because the transaction takes place through a payment gateway that utilizes data encryption or tokenization to secure sensitive information during transmission, accepting payments using a virtual terminal from Stax (which is PCI compliant) is secure. How Does a Contactless Virtual Terminal Work?

Credit Cards 88

Credit Cards Payment Gateways Gateways Point-of-Sale (POS) 88

Stax

AUGUST 20, 2024

A payment processor with experience in 3D Secure implementation can provide valuable guidance, troubleshoot issues, and ensure a smoother transition. Additionally, opting for a scalable and flexible payment gateway that supports 3D Secure can reduce technical hurdles. What Role Do Encryption and Tokenization Play in 3D secure?

Authentication 88

Authentication Security Card Issuer 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. This acquisition allowed FIS to leverage Worldpays payment processing capabilities , further strengthening its merchant solutions division.

Payment APIs and Integration 88

Payment APIs and Integration Payment Gateways Credit Cards Fraud Prevention 88

EBizCharge

AUGUST 8, 2024

Flexibility: The agility and adaptability of Salesforce payment integrations means businesses can choose from various payment gateways and options tailored to their specific requirements. Encryption, fraud detection systems, and regular security audits protect business financial information and customer payment data.

Processors 52

Processors Payment Gateways Fraud Detection Encryption 52

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. Encryption: Strong encryption protocols should be in place to secure data during transmission and storage.

Process 59

Process Processors Online and Mobile Banking Payments 59

EBizCharge

MAY 15, 2024

As technology advances, digital payment solutions and automation tools are increasingly adopted to streamline B2B payment workflows and improve efficiency and transparency in transactions. Setting up a merchant account typically involves a partnership between the business, the acquiring bank, and a payment processor.

B2B 52

B2B Wire Transfer Payments Payment Gateways 52

Stax

SEPTEMBER 17, 2024

Protect Stored Cardholder Data Organizations must protect stored cardholder data and other credit card information using encryption, masking, hashing, or other methods to make the data unreadable to unauthorized individuals. Additionally, sensitive authentication data must never be stored after authorization, even if encrypted.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Basis Theory

OCTOBER 1, 2024

Whether that is collecting credit card numbers to transmit with a payment gateway, placing details into a shared customer relationship management system, or storing card numbers in an encrypted database—all of this sensitive information must be protected according to the specifics of the PCI-DSS standard.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

PYMNTS

OCTOBER 5, 2020

Transaction information is sent to acquiring and issuing financial institutions (FIs) so consumers’ card data can be verified and their purchases can be approved, with the funds then being transmitted to merchants. Merchants may also look to payments orchestration platforms to help them manage compliance needs.

Data Breach 82

Data Breach Breach PCI DSS Compliance 82

PYMNTS

APRIL 6, 2016

The firm said that the debut of TNSConnect2All will help customers — ranging from merchants to terminal providers and payments gateway firms — realize cost savings. The firm said that the messaging specification is flexible enough to fit the unique interfaces of several payment processors.

Payment Gateways 40

Payment Gateways Processors Gateways Payments 40

PYMNTS

JUNE 1, 2016

Cybersecurity company Thales announced on Tuesday (May 31) that its payShield 9000 hardware security modules (HSMs) will be used by payments technology company Swiftch to help secure the first Visa Ready and MasterCard self-certified mPOS solution throughout the United Arab Emirates (UAE).

Visa 41

Visa Encryption Payment Gateways Gateways 41

Payment Savvy

JULY 3, 2024

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. This response is sent back through the card network to the acquiring bank, which then communicates the result to the merchant.

Debit Card 52

Debit Card Process PCI DSS Processors 52

EBizCharge

APRIL 25, 2024

To accomplish this, your company will need a merchant account and reliable software to provide convenient customer payment options and effectively manage funds. Apply for a merchant account A merchant account is typically set up through a payment processor or acquiring bank.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Credit Cards Contactless Payments 52

M2P Fintech

DECEMBER 17, 2024

Every online transaction involves four key parties: Merchant Customer Issuing bank (the customer’s bank) & Acquiring bank (the merchant’s bank) A robust system is essential for tracking and managing data effectively to enable seamless transactions among these parties.

Fraud Detection 52

Fraud Detection PCI DSS Disputes Settlement 52

BNG Payments

JANUARY 7, 2022

To do so, you need to ensure that all of your web pages are encrypted and that you have a secure checkout process. When choosing a payment gateway, be sure to look for one with PCI compliance to ensure that all your customers' credit card information is sufficiently secured.

Credit Cards 52

Credit Cards Mitigation Risk PCI DSS 52

EBizCharge

MAY 23, 2024

Embedded payments are the seamless integration of payment processing into business software to streamline financial transactions for users without redirecting them to external payment gateways. Embedding payments means directly incorporating payment functions into a digital service or application.

Embedded Payments 52

Embedded Payments Payment APIs and Integration ISOs Payments 52

PYMNTS

JULY 19, 2019

Why Visa Acquired PayWorks. Visa has acquired Munich-based payment gateway PayWorks. The plan is to fully integrate the cloud-based processing solutions of PayWorks with Visa’s CyberSource digital payment management platform and large acquirer base. Trackers/Reports.

Payment APIs and Integration 51

Payment APIs and Integration Federal Trade Commission FTC PayPal 51

National Merchants Association

AUGUST 17, 2023

Invest in a Merchant Account A merchant account is a type of business bank account for merchants that accept online payments from customers. These accounts, which process credit and debit card transactions, come wrapped in layers and layers of encryption that provide both you and your customers with ongoing peace of mind.

Payment Security 52

Payment Security Security Debit Card Credential 52

Clearly Payments

DECEMBER 5, 2023

In the intricate landscape of payment processing, merchants encounter a myriad of options, each playing a pivotal role in the facilitation of financial transactions. Secure Socket Layer (SSL) encryption became a standard, ensuring the confidentiality of sensitive information during online transactions.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

Stax

JANUARY 15, 2024

Here are more reasons to implement surcharging and optimize your payment processing strategies. Interchange fees are fees your bank (acquirer) pays to the cardholder’s bank (issuer) in a credit card transaction. It relieves you from directly handling payments and dealing with the tedious administrative hassle.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Stax

JANUARY 17, 2024

The great thing about an ACH PayFac solution like Stax Connect is that SaaS companies or ISVs can embed ACH payments in their software easily and own (also, white label) the payment experience. All this without having to invest time and resources in partnering with an acquiring bank or building an elaborate payment infrastructure.

ACH 88

ACH Facilitators ISVS Payment APIs and Integration 88

Exact Payments

SEPTEMBER 25, 2023

Specifically, you will need to: Register with an acquiring bank Register with the card brands (Visa, Mastercard, American Express, Discover) Decide on a payment gateway (this is only relevant if you won’t be using or developing a proprietary payment gateway).

PCI DSS 52

PCI DSS OFAC Facilitators Payment Gateways 52

EBizCharge

MAY 14, 2024

Payment links are secure, shareable URLs businesses can send to customers to facilitate immediate payment for services or products. When customers click on a payment link, they’re redirected to a payment gateway where they can pay via credit card, bank transfer, or other preferred payment methods.

Payments 52

Payments Encryption Security Accounts 52