PYMNTS

JANUARY 19, 2021

The MoR is the entity that is held financially liable by the financial institution, and as Schott explained, is ultimately liable for the transaction or any return on that transaction — and is also responsible (via the Mastercard and Visa card schemes) for acceptance and fraud rates.

Cross-Border 128

Cross-Border PCI DSS Fraud Prevention Regulations 128

Stax

JANUARY 22, 2024

That’s the value of eCommerce transactions that took place in 2023 in the U.S. In a world where we’re spending more and more time online and every click is a potential transaction, it’s no surprise the eCommerce and digital payments sectors are experiencing exponential growth. alone, according to a report from Insider Intelligence.

Payment Gateways 88

Payment Gateways Gateways Facilitators PCI DSS 88

The Fintech Times

DECEMBER 14, 2023

Cross-border payments consultancy FYST has revealed the biggest trends in acquiring, including how the sector is tapping into artificial intelligence to boost fraud detection and optimise payment authorisation. For card acquiring specifically, the volume of transactions grew at 23 per cent over the same period.

Acquirers 59

Acquirers PCI DSS Fraud Detection Cross-Border 59

Fintech Finance

JULY 10, 2024

Breakthrough payment orchestration provider BR-DGE has today announced the launch of its white-label payment orchestration solution, which is set to propel payment acquirers, gateways, platforms and other ecosystem players with agile and customisable modular tech to stand out in a fiercely competitive market.

Gateways 52

Gateways PCI DSS Acquirers Value Added Service 52

Fintech News

NOVEMBER 6, 2024

The platform adheres to industry security standards and is both PCI DSS and ISO 27001 certified. By serving as a switch, we are enabling connections among various e-wallets, merchant acquirers, and national networks, allowing anyone to participate and be recognized within the network.

PCI DSS 77

PCI DSS Cross-Border Payments Interoperability Push-to-Card 77

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

MARCH 15, 2024

Making sure there are secure payment technology policies and procedures within your company will guarantee the integrity of present and future transactions. Secure payment systems are essentially the digital guardians of online shopping, keeping the customer’s money safe throughout the transaction. These include: Passwords.

Process 88

Process Security PCI DSS Encryption 88

Clearly Payments

JUNE 3, 2024

If a token is stolen, it cannot be used to make unauthorized purchases because it lacks the meaningful information necessary for such transactions. When a transaction needs to be authorized, the token is sent to the token vault, where it is matched with the corresponding card details to complete the transaction.

PCI DSS 59

PCI DSS Payment Gateways Gateways Payments 59

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. This account temporarily holds the transaction funds until the bank verifies the payment. Otherwise, they can also decline the payment.

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

EBizCharge

AUGUST 12, 2024

As digital transactions dominate the market, understanding the mechanics of credit card processing becomes essential for businesses and consumers. Intermediaries like merchant acquirers that facilitate these digital transactions play a crucial role. What is a merchant acquirer?

Credit Cards 52

Credit Cards Acquirers Process Debit Card 52

Stax

AUGUST 29, 2024

The provider works behind the scenes with acquiring banks, card networks, issuing banks, and other financial institutions to ensure the seamless transfer of funds between buyers and merchants. They set their charges and processing fees based on whether the transaction takes place online or in-person and the type of payment method used.

Payment Service Provider (PSP) 88

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

Clearly Payments

NOVEMBER 13, 2024

For payment processors and financial institutions, however, understanding BINs is essential for smooth transaction processing, security, and even risk management. These six digits identify the institution that issued the card, offering key information to parties involved in a transaction. What is a Bank Identification Number (BIN)?

Process 78

Process Processors Payments Compliance 78

Fintech Finance

APRIL 16, 2024

Transaction Network Services (TNS) , a global leader in payments infrastructure and managed connectivity services, has launched Complete Commerce – a full-stack, modern and secure payment and network capability.

PCI DSS 52

PCI DSS Payment Solutions Payments Payment Message 52

Clearly Payments

JUNE 7, 2024

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. This article covers how payment gateway APIs work, their components, and their role in ensuring secure, efficient financial transactions. What is a Payment Gateway API?

Payment Gateways 59

Payment Gateways Gateways API Payment APIs and Integration 59

Clearly Payments

SEPTEMBER 22, 2024

The MATCH (Member Alert to Control High-risk) list is a tool used by acquiring banks and payment processors to manage risk. Only acquiring banks have the authority to add or remove a merchant from this list, making it a powerful tool in the payments industry. What Is the MATCH List? How Do Merchants Get on the MATCH List?

PCI DSS 73

PCI DSS Processors Credit Cards Non-Bank 73

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. Merchant accounts form an essential piece of payment infrastructure for businesses that want to process online transactions.

Accounts 88

Accounts Online and Mobile Banking Payment Gateways PCI DSS 88

Payment Savvy

JULY 3, 2024

As the preferred method for many, debit card transactions offer convenience, security, and immediate fund transfers, making them integral to modern commerce. Debit card processing refers to the series of steps and technologies involved in handling transactions made using debit cards.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Payment Savvy

MAY 11, 2023

These rules cover everything from the issuance of Visa cards to the processing of transactions. To do so, you will need to establish a merchant account with an acquiring bank or payment processor. You should consult with your acquiring bank or payment processor to understand the specific fees associated with accepting Visa payments.

Rules 52

Rules PCI DSS Disputes Payment Networks 52

Paystand

SEPTEMBER 18, 2024

Choosing the right Payment Facilitator Payment Processor vs. Payment Facilitator Payment Gateway Vs. a Payment Facilitator Key Takeaways Payment Facilitators Simplify Transactions : They allow sub-merchants to accept card payments without needing a direct relationship with an acquiring bank.

Processors 40

Processors Facilitators PCI DSS Payment Gateways 40

Stax

NOVEMBER 21, 2024

The customer will provide card information and transaction details on the checkout page of your website, and the data will also be captured by your online payment gateway. A payment processor is a company that handles the behind-the-scenes aspects of the credit card transaction process on your behalf.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 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. Digital tokens then safely travel through the e-commerce website or app, without exposing any payment card details.

Visa 52

Visa PCI DSS Accreditation Identity Theft 52

Fintech Finance

MARCH 7, 2024

Utilizing tokens issued directly by card schemes and banks, Nuvei’s solution enhances overall transaction visibility and reduces false declines. Nuvei’s flexible solution also optimizes when the token is created, either during or following the transaction, to reduce payment friction.

PCI DSS 52

PCI DSS Payment Security Encryption Transactions 52

EBizCharge

MARCH 12, 2024

Debit: Processing debit cards is often less expensive than credit cards since these transactions typically have lower processing fees, which can be beneficial for companies looking to minimize their expenses. Customers simply select the desired payment method and authorize the transaction to purchase.

Credit Cards 52

Credit Cards ACH PCI DSS Payment Gateways 52

Fintech News

FEBRUARY 21, 2024

Streamlined service delivery enhances speed-to-market and cost-effectiveness for launching innovative payment products such as BNPL , multi-channel acquiring, embedded finance, Card-as-a-Service , A2A, digital wallets, and instant payments, which require seamless integration with other business systems and partners. System administration.

Payment APIs and Integration 84

Payment APIs and Integration PCI DSS Payments Compliance 84

Fintech Finance

MARCH 18, 2024

The joint solution will help businesses reach local consumers with improved approval rates, reduced costs for cross-border payments through local acquiring and flexible remittance, either in local Thai Baht or cross-border in over 20 international currencies.

PCI DSS 52

PCI DSS Cross-Border Cross-Border Payments Consumer 52

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. Further, Statista projects that the value of global digital transactions will exceed $11 trillion in 2024. Let’s take a look.

ISVS 88

ISVS Facilitators ISOs Payment APIs and Integration 88

Stax

JANUARY 10, 2024

Credit card transactions have quickly become the lifeblood of eCommerce businesses and storefronts alike. According to Capital One, global credit card transactions in 2022 reached an estimated 678 billion —an average of 1.86 Credit card companies typically charge merchants a fee for each transaction processed.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

EBizCharge

MAY 20, 2024

The saved card feature follows Payment Card Industry Data Security Standards (PCI DSS) to ensure data security while offering a convenient option for customers who prefer to use the same payment method for recurring transactions. Saved cards can facilitate smoother, faster payments and improve customer loyalty.

Process 52

Process PCI DSS Processors Payment APIs and Integration 52

Fintech Finance

NOVEMBER 14, 2024

A new study from Tribe Payments , the pioneering digital payments and infrastructure orchestrator which specialises in issuer and acquirer processing, has revealed that 28% of merchants’ legacy in-person point of sale (POS) systems cannot support alternative payment methods like digital wallets and QR codes.

PCI DSS 71

PCI DSS Payment APIs and Integration Point-of-Sale (POS) CRM 71

Stax

SEPTEMBER 17, 2024

TL;DR A payment gateway is a solution that securely reads and transfers a customer’s payment information to a merchant’s bank account—both for online and in-person transactions. Benefits of using a payment gateway include a simplified purchasing experience for customers, increased operational efficiency, and PCI compliance.

Payment Gateways 88

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

Payment Savvy

NOVEMBER 11, 2020

They encrypt card information, as well as authorize or decline a transaction. . One can define a payment gateway as the technology capturing and transferring online payment data from the customer to the acquiring bank account. Apart from that, hackers can also try to commence illegitimate transactions.

Payment Gateways 52

Payment Gateways Gateways PCI DSS Credit Cards 52

Clearly Payments

JULY 11, 2024

The Complexity of Payment Processing The payment processing value chain has multiple participants and steps, including the merchant, the customer, the acquiring bank , the issuing bank , and the payment processor. Processor Fees: Imposed by the payment processor for handling the transaction. Visa, MasterCard) for using their network.

Process 52

Process PCI DSS Processors Non-Bank 52

Clearly Payments

APRIL 3, 2024

At its core, it involves the authorization, capture, and settlement of transactions. When a customer initiates a payment, the payment processor verifies the transaction details, such as the cardholder’s information and the availability of funds. Today, Visa processes over 131 billion transactions annually. billion by 2029.

Process 59

Process Processors Online and Mobile Banking Payments 59

Stax

DECEMBER 20, 2023

In today’s world, knowing how credit card transactions work is super important for any business owner, given that card transactions make up the bulk of all payment transactions. Secure your transactions Ensuring your customers’ transactions are secure isn’t just in the customers’ best interests.

Credit Cards 88

Credit Cards Small Business Process Security 88

Clearly Payments

SEPTEMBER 13, 2024

Payment orchestrators streamline the process of routing transactions to the most appropriate payment providers based on various factors such as cost, success rates, currency, and geographical location. Smart Transaction Routing: A key feature of payment orchestrators is the ability to route transactions intelligently.

Payment APIs and Integration 77

Payment APIs and Integration Multi-Currency Payments Gateways 77

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. The Definition of a Payment Processor A payment processor is a financial service provider that facilitates transactions between a seller (merchant) and a customer.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

Evolve Payment

MARCH 21, 2024

Between the alphabet soup of acronyms (PCI? But behind the simple swipe of your customer’s card lies a complex web of vendors working together to ensure every transaction runs smoothly. Merchant processing is how your business handles card transactions. You will see the term “ PCI ,” which stands for Payment Card Industry.

Process 52

Process Gateways Processors Credit Cards 52