Stax

MARCH 18, 2025

Tokenization streamlines PCI DSS compliance, can improve customer retention, and provides an extra layer of security for payment collection. By doubling up on security and working with a payments facilitator like Stax Connect, you can protect your SaaS customers and your business.

PCI DSS 88

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PYMNTS

OCTOBER 5, 2020

Customers’ data is transmitted to various parties when their cards are used at checkout and many hackers seek to compromise these communication flows to steal details. Hackers often try to intercept the data as it travels between entities, attempting to breach retailers’ or their payment providers’ systems to obtain stored cardholder details.

Data Breach 82

Data Breach Breach PCI DSS Compliance 82

Clearly Payments

JUNE 3, 2024

Tokenization in payments is a security process that transforms sensitive payment data, such as credit card numbers, into a unique string of characters called a token. This token acts as a stand-in for the original data, rendering it useless to anyone who might intercept it. What is Tokenization?

PCI DSS 59

PCI DSS Payment Gateways Gateways Payments 59

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

The primary security standards that payment systems typically adhere to include: Payment Card Industry Data Security Standard (PCI DSS): PCI DSS sets forth requirements for securing payment card data, including encryption, access control, network monitoring, and regular security testing.

Process 88

Process Security PCI DSS Encryption 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. In order to receive card-based payments, businesses need to have a merchant account. Otherwise, they can also decline the payment.

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Process Online and Mobile Banking PCI DSS Debit Card 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

Segpay

FEBRUARY 24, 2025

Analogy: Imagine it as the secure tunnel connecting your store’s checkout page to the payment processor. Key Functions of a Payment Gateway: Encrypts and securely transmits payment data. Communicates with the issuing bank and payment processor. What is a Payment Processor? Hence the name Gateway.

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Payment Gateways Processors Gateways Payment Service Provider (PSP) 45

Payment Savvy

NOVEMBER 11, 2020

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. In essence, it is a payment highway. As a result, a merchant can accept payments without complications.

Payment Gateways 52

Payment Gateways Gateways PCI DSS Credit Cards 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. Saved cards can facilitate smoother, faster payments and improve customer loyalty. What are the benefits of NetSuite payment processing?

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Stax

SEPTEMBER 17, 2024

It’s also the software in your POS system or card readers that processes the customer’s payment data in a brick-and-mortar setting. The job of the payment gateway is to capture payment info securely, make sure that adequate funds are available in the customer’s account, and get the merchant paid.

Payment Gateways 88

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

EBizCharge

AUGUST 8, 2024

Security: Salesforce adheres to stringent security protocols, such as PCI compliance, multi-factor authentication (MFA), and advanced data encryption, to safeguard payment data. 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

Stax

JANUARY 10, 2024

Interchange fees An interchange fee is paid by the merchant’s acquiring bank to the issuing bank every time a credit card transaction is made. Assessment fees An assessment fee is imposed by payment networks in exchange for processing credit card payments. PCI compliance fees. 2% of the total transaction value.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

Evolve Payment

MARCH 21, 2024

Table of Contents The Foreign Language of Merchant Services Ever feel like the payment processing industry speaks a language that only accountants understand? Between the alphabet soup of acronyms (PCI? You’re not alone. Don’t get us started!), This is your bank, the bank that’s responsible for your merchant account.

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Ikajo

NOVEMBER 22, 2023

Additionally, the vendor can help you acquire the required licenses and security certifications, providing guidance throughout the process. Risk mitigation Given that PayFacs handle the most sensitive information of customers – their payment data – they must keep it secure and detect unauthorized transactions.

Facilitators 52

Facilitators Payment APIs and Integration PCI DSS Payments 52

Stax

APRIL 18, 2024

Popular mobile payment solutions include Square, PayPal Here, and Shopify POS. Set Up a Merchant Account To accept credit card payments, you’ll need to establish a merchant services account with a payment processor or acquiring bank.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Mobile Payments 88

Ikajo

NOVEMBER 2, 2023

In 2020-2021, while some industries struggled to make ends meet, the payment processing market hit the headlines with major deals. billion acquisition of Ingenico, which ended up creating the largest acquirer and payment processor in Europe. Acquire a domain name and the equipment needed. To name a few, Worldline’s $8.6

Process 52

Process Processors Payment Gateways Payments 52

EBizCharge

MAY 14, 2024

Scalability Automated billing services are designed to efficiently handle large volumes of transactions, making it easier for businesses to scale up their operations as they acquire more customers or expand into new markets. Double-check that the integration complies with security protocols to protect sensitive financial information.

Automation 52

Automation Payment APIs and Integration Best Practices Online and Mobile Banking 52

Stax

MAY 6, 2024

However, the last thing you want to do is neglect data security. Having a secure platform for managing customer and payment data is paramount to building and maintaining trust, and you can’t do that with poor systems and practices. Learn More What is PCI compliance? Is the data tokenized appropriately?

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Data Security PCI DSS ISVS Compliance 88