Stax

APRIL 8, 2025

Since each player sets its own rates, credit card processing fees can vary based on your choice of credit card processing service provider, their fee structure, and the types of transactions you process. The credit card payment processor often provides the equipment and technology that allow businesses to process such payments.

Credit Cards 88

Credit Cards Process Processors Push-to-Card 88

Basis Theory

OCTOBER 1, 2024

Today, the framework introduced in the early 2000s outlines 12 PCI requirements that merchants must satisfy to process credit card transactions on the card networks. Failure to meet these standards could result in fines or bans as a merchant or service, rendering you unable to process payments or send payment data with the major networks.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Stax

MARCH 11, 2025

This article will show all you need to know about online credit card processing and how you can select the best payment services provider for your needs. The acquiring bank : the is the financial institution that issued the merchant account and receives the funds from the transaction into that merchant account until the payout date.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

Stax

MARCH 18, 2025

A typical payment processing procedure involves multiple parties, including the merchant, customer, payment processor, payment gateway, issuing bank, acquiring bank, and card networks. The processor facilitates the transaction by communicating with the payment gateway, issuing bank, and acquiring bank.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

Stax

MARCH 5, 2025

To choose the right solution, you need to look at various factors when evaluating potential providers, including supported payment types, transaction fees and pricing structures, payout speed, and PCI DSS compliance. Consult with your current merchant services provider.

Credit Card Payment Processing 88

Credit Card Payment Processing Credit Cards Process Payment Gateways 88

Stax

JANUARY 15, 2024

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Interchange fees are fees your bank (acquirer) pays to the cardholder’s bank (issuer) in a credit card transaction. Enter the PCI DSS compliance. Interchange fee management.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

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. What is PCI Compliance? PCI DSS stands for “Payment Card Industry Data Security Standards.”

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

The Fintech Times

APRIL 10, 2024

PXP Financial , the global acquiring, payment, fraud, and data analysis service provider, has received accreditation from Mastercard to become a Token Service Provider. We are delighted to announce our accreditation.”

Visa 105

Visa PCI DSS Accreditation Identity Theft 105

Stax

NOVEMBER 21, 2024

It also ensures that data security best practices, particularly PCI DSS (Payment Card Industry Data Security Standards) requirements , are followed to the letter to prevent any breach or loss of sensitive customer data. Such a business will require a provider that supports international transactions.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 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. The regulations can be numerous, however, with PCI DSS including 246 nonwaivable requirements.

Data Breach 82

Data Breach Breach PCI DSS Compliance 82

Stax

JANUARY 22, 2024

Consider the following: Merchants are the sellers, businesses, or service providers seeking payment for their offerings. The acquiring bank (or issuing bank or acquirer) is the financial institution that enables merchants to accept payments, transferring funds from customers to the merchant’s account.

Payment Gateways 88

Payment Gateways Gateways Facilitators PCI DSS 88

Clearly Payments

DECEMBER 3, 2023

Ayden: Global payment company providing solutions for businesses of all sizes (International). Bambora (now Ingenico): Global payment service provider (International). BluePay (now First Data, Fiserv): Technology-enabled payment processing services (United States). Credorax: Smart acquiring solutions (International).

Payment Gateways 105

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 105

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

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

EBizCharge

AUGUST 12, 2024

Intermediaries like merchant acquirers that facilitate these digital transactions play a crucial role. This article will outline a merchant acquirer’s specific functions and obligations and what businesses should consider when selecting one. What is a merchant acquirer? If approved, the merchant completes the sale.

Credit Cards 52

Credit Cards Acquirers Process Debit Card 52

Fintech Finance

MAY 24, 2024

Bluefin’s TECS payment platform provides omnichannel payment solutions to Acquirers, Payment Service Providers, POS system providers, Independent Software Vendors, and other merchant aggregators around the globe, offering a cloud-based Payments Platform-as-a-Service.

PCI DSS 52

PCI DSS Encryption Payments Payment Solutions 52

Stax

DECEMBER 27, 2023

A merchant account acts as a pathway between your business, your customers, and the issuer and acquiring banks to process electronic transactions like credit cards. A business will typically set up a merchant account in collaboration with a merchant services provider or merchant account provider. Early termination fees.

Accounts 88

Accounts Online and Mobile Banking Payment Gateways PCI DSS 88

Fintech Finance

APRIL 9, 2024

PXP Financial, the expert in global acquiring, payment, fraud, and data analysis services, today announced it has received accreditation to become a Token Service Provider by global technology company Mastercard. Device-specific tokens add an additional layer of security.

Visa 52

Visa PCI DSS Accreditation Identity Theft 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). A payment gateway is ideal for businesses that want to keep control over their payment stack and work with separate processors or acquiring banks. What is a Payment Processor?

Payment Gateways 45

Payment Gateways Processors Gateways Payment Service Provider (PSP) 45

Payment Savvy

JULY 3, 2024

This information is then sent securely to the acquiring bank. The acquiring bank, which processes payments on behalf of the merchant, receives the transaction data and forwards it to the relevant card network (such as Visa or Mastercard). These details include the card number, transaction amount, and merchant identification.

Debit Card 52

Debit Card Process PCI DSS Processors 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

Stax

JANUARY 10, 2024

The merchant service providers that a business is using to handle credit card payments play a key role in determining the size and structure of credit card fees. By facilitating credit card transactions, merchant service providers act as intermediaries between credit card companies and the issuing banks.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

Clearly Payments

SEPTEMBER 13, 2024

Multi-Provider Integration: Payment orchestrators integrate with multiple payment service providers (PSPs), gateways, and acquiring banks, allowing merchants to access a broad range of payment methods and currencies. They also ensure compliance with industry standards like PCI DSS.

Payment APIs and Integration 104

Payment APIs and Integration Multi-Currency Payments Gateways 104

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? That’s where your merchant service provider steps in! You’re not alone. Don’t get us started!),

Process 52

Process Gateways Processors Credit Cards 52

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

Stax

FEBRUARY 15, 2024

It involves a complex ecosystem of financial institutions, including acquiring banks, payment processors, and card networks, alongside technology providers and regulatory bodies. Now, there are two ways that a software service provider can become a payments provider.

ISVS 88

ISVS Facilitators ISOs Payment APIs and Integration 88

Ikajo

NOVEMBER 22, 2023

In this article, we will explore what is PayFac-as-a-Service, who it is for, and how it benefits Payment Service Providers (PSPs) and merchants worldwide. Payment facilitator, abbreviated as PayFac, is a type of financial service provider that simplifies payment acceptance for businesses.

Facilitators 52

Facilitators Payment APIs and Integration PCI DSS Payments 52

PayHawk

APRIL 18, 2023

The world of payment processing can be as complex as you let it be, but, one this is for certain, there are thousands of terms that merchant service providers discuss, and oftentimes, merchants are left clueless about their meanings. A Acquirer The financial institution that processes payments on behalf of merchants.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

Stax

SEPTEMBER 17, 2024

If you’re handling cardholder data, you’ll need to think about aspects such as payment processor partners, PCI DSS compliance, and point of sale transactions in addition to various payment methods as credit card transactions and general commerce continue to evolve. Can Payment Gateways Be Bundled with Other Merchant Account Services?

Payment Gateways 88

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

The Fintech Times

FEBRUARY 27, 2024

Payment service providers will need to find ways of monetising the data generated by payments and creating value-added services that elevate payments beyond a simple transfer of funds. However, as was the case in the telecommunications industry, innovation doesn’t end because a product becomes commoditised.

Consumer Protection 69

Consumer Protection Stablecoins Payments Trends Consumer 69

Segpay

JANUARY 30, 2025

Yet, for all its transformative potential, AI companies struggle to partner with a secure payment service provider (PSP), because of regulatory concerns surrounding emerging technologies. The Intersection of AI and Financial Services Payment facilitators are key to accept and manage financial transactions.

Merchant Payment Processing 52

Merchant Payment Processing Processors AI Process 52

BNG Payments

JANUARY 7, 2022

Ensure Your Business is PCI Compliant You've probably already heard a lot about the Payment Card Industry Data Security Standard (PCI DSS), commonly known as PCI. In short, all companies that process, store or transmit credit card information must comply with the PCI DSS.

Credit Cards 52

Credit Cards Mitigation Risk PCI DSS 52

Payment Savvy

FEBRUARY 6, 2023

For this reason, ISOs are considered reliable and effective support in managing merchant accounts and facilitating payments through various services. 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.

ISOs 52

ISOs PCI DSS Processors Card Association 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

Stax

APRIL 18, 2024

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. Research different merchant account providers and compare their fees, processing rates, contract terms, and customer support options.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Mobile Payments 88

Exact Payments

JULY 12, 2024

The merchant’s acquiring bank charges a fee for every chargeback, which can add up fast if the merchant hasn’t taken steps to prevent chargebacks. PCI fees Most merchant services providers charge a fee for assisting with Payment Card Industry Data Security Standard (PCI DSS) compliance.

Assessments 52

Assessments Credit Cards PCI DSS Transactions 52

PYMNTS

NOVEMBER 9, 2017

It got the job done, Aberman told Webster, but it was clunky and had the unintended consequence of keeping all three parties — the SMB, the software provider and the merchant acquirer/processor — “at arm’s length.” The Future of Financial Services. The Centrality of Software.

Payment APIs and Integration 40

Payment APIs and Integration Micro-Entry PCI DSS Small Business 40