Exact Payments

JANUARY 4, 2024

The Payment Card Industry Data Security Standard (PCI DSS) plays a crucial role in protecting cardholder data for businesses that accept credit card payments. As a business owner or professional, it’s essential to understand the importance of PCI compliance and its requirements.

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PCI DSS Compliance Audit Encryption 52

The Fintech Times

SEPTEMBER 24, 2024

“By automating risk assessments and ensuring encryption and secure data management, regtech not only reduces the chances of human error but also enables continuous monitoring for data breaches, thereby safeguarding privacy in an increasingly complex digital landscape. appeared first on The Fintech Times.

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Privacy Compliance PCI DSS Rules 107

VISTA InfoSec

FEBRUARY 28, 2024

In our ongoing series of articles on the Payment Card Industry Data Security Standard (PCI DSS), we’ve been examining each requirement in detail. In this blog post, we will delve into the changes introduced in PCI DSS Requirement 8 from version 3.2.1 Conclusion: PCI DSS v4.0

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PCI DSS Best Practices Authentication Rules 130

The Fintech Times

DECEMBER 14, 2023

It urgers acquirers to assess their business models to ensure they can cope with both today’s high volume of transactions and future changes too. The post FYST Acquiring Report Sheds Light on the Future of Payment Acquisition appeared first on The Fintech Times.

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Acquirers PCI DSS Fraud Detection Cross-Border 59

Clearly Payments

FEBRUARY 23, 2024

They serve as the foundation for assessing the overall health and performance of a payments business. This metric is crucial for assessing the reliability and efficiency of the payment processing system. This metric reflects the financial significance of the processed transactions.

Processors 91

Processors PCI DSS Payments Assessments 91

Clearly Payments

FEBRUARY 7, 2024

It provides merchants with an overview of their payment activity and helps assess overall business performance. By analyzing AOV alongside transaction volume, merchants can assess the effectiveness of marketing campaigns, pricing strategies, and upselling techniques.

Process 81

Process PCI DSS Settlement Processing Costs 81

EBizCharge

JULY 11, 2024

Invoicing consists of generating bills for customers post-purchase, tracking involves monitoring outstanding invoices and their due dates, and collection methods require businesses to follow up with customers to ensure timely payment. The post What Are the Benefits of Outsourcing Accounts Receivables? appeared first on EBizCharge.

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Accounts PCI DSS Disputes Small Business 52

Payment Savvy

JULY 3, 2024

PCI DSS Compliance This is the cornerstone of debit card security. The Payment Card Industry Data Security Standard (PCI DSS) outlines a set of comprehensive security requirements for merchants and payment processors. The post What Is Debit Card Processing & How Does It Work? What’s the next step?

Debit Card 52

Debit Card Process PCI DSS Processors 52

Segpay

JUNE 13, 2024

In this post, we’ll discuss the best practices for businesses and customers to secure online payment against cyber attacks. Compliance with Industry Standards Your business should comply with industry bare minimums like Payment Card Industry Data Security Standard (PCI DSS). But it’s not just big companies who face this risk.

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Best Practices Processors Transactions Security 40

EBizCharge

MAY 24, 2024

The embedded payment processing solution automatically deposits payments into your account, posting these transactions to the appropriate ledger in Sage. Most embedded Sage payment solutions adhere to strict regulations, including PCI-DSS compliance and Secure Sockets Layer/ Transport Layer Security (SSL/TLS) protocols.

Embedded Payments 52

Embedded Payments Process PCI DSS Payments 52

VISTA InfoSec

NOVEMBER 9, 2023

In the world of digital transactions, businesses handling payment cards must demonstrate their data security measures through the Payment Card Industry Self-Assessment Questionnaire (PCI SAQ). Completing the SAQ is a key step in the PCI DSS assessment process, followed by an Attestation of Compliance (AoC) to confirm accuracy.

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PCI DSS Assessments Compliance Credit Cards 130

EBizCharge

AUGUST 30, 2024

Merchants typically encounter three primary types of fees: interchange fees paid to the card issuers, assessment fees paid to credit card networks, and various payment processor fees that cover the services provided by merchant services providers. The post How Much Do Credit Card Companies Charge Merchants?

Credit Cards 52

Credit Cards Processors Process Card Issuer 52

Stax

JANUARY 15, 2024

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Subscribe to regulatory updates or newsletters from relevant federal authorities, such as the PCI Security Standards Council (​​more on this later)​​. Enter the PCI DSS compliance.

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Credit Cards PCI DSS Compliance Process 88

EBizCharge

APRIL 26, 2024

Conduct credit risk assessments: Credit risk assessments involve analyzing factors such as the client’s financial stability, payment history, and credit score. This can lead to delays in invoicing, payment posting, and reconciliation. They can also strain relationships with customers, potentially damaging trust and loyalty.

Accounts 52

Accounts Best Practices Disputes Procedures 52

Segpay

FEBRUARY 28, 2024

Processing Fees Interchange fees, assessment fees, and merchant service charges – whatever the label, processing charges extract a piece of every transaction. Reach out to us with your questions at Sales@Segpay.com The post Stay Aware and Protect Against Hidden Charges appeared first on Segpay. But what are hidden fees ?

Processors 52

Processors IRS Push-to-Card Non-Bank 52

Clearly Payments

DECEMBER 5, 2023

This assessment aims to evaluate the risk associated with your transactions. Major components of underwriting include: Financial History: Processors may examine your company’s financial statements, bank statements, and credit history to assess financial stability. appeared first on Credit Card Processing and Merchant Account.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

FICO

NOVEMBER 1, 2016

They note that most financial services firms are already complying with Payment Card Industry Data Security (PCI DSS), the Federal Financial Institutions Cybersecurity Assessment Tool, as well as the aforementioned NIST framework. The post New York Proposes Major Changes to Cybersecurity Regulation appeared first on FICO.

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Cybersecurity Regulations PCI DSS Data Encryption 81

Clearly Payments

JANUARY 8, 2024

Identifying and Assessing Risks Understanding the lay of the land is the first step in effective risk management. Conducting a thorough risk assessment tailored to the specific nature of the business is essential. Secure Network Configurations Configuring secure networks is fundamental to PCI DSS compliance.

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Risk Management Risk PCI DSS Process 69

EBizCharge

MAY 14, 2024

This includes regulations like the Payment Card Industry Data Security Standard (PCI DSS) , which sets security standards for organizations regarding securely storing, processing, and transmitting cardholder data to prevent data breaches and fraud. The post How Do You Set Up Automated Billing? appeared first on EBizCharge.

Automation 52

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

EBizCharge

JUNE 6, 2024

By running multiple test transactions, businesses can examine real-time data updates, assess the user experience, and ensure customer card data is handled securely. Within Microsoft Dynamics 365, several data security measures must be taken to ensure compliance with industry regulations, such as the PCI DSS Standards.

Credit Cards 52

Credit Cards Process Payment Gateways Gateways 52

Payment Savvy

MAY 10, 2024

Compliance Plaid adheres to data protection regulations like GDPR and CCPA, as well as financial industry standards such as PCI DSS. Regular Audits The application conducts routine security audits and assessments to identify and rectify vulnerabilities. The post What Is Plaid and Is It Safe to Use?

Payment APIs and Integration 52

Payment APIs and Integration Venmo Privacy Credential 52

EBizCharge

MAY 13, 2024

Compliance and security: Automation solutions come designed with compliance and security at their core, adhering to payment standards like the Payment Card Industry Data Security Standard (PCI DSS). Automation tools can synchronize and post all payment data to your ERP in real time.

Automation 52

Automation Disputes Payments Process 52

EBizCharge

JUNE 28, 2024

Use secure payment gateways and adhere to Payment Card Industry Data Security Standard (PCI DSS) guidelines. Additionally, some credit card providers also prohibit discrimination between different card brands, requiring equal treatment in fee assessment. The post Can I Legally Charge a Credit Card Fee?

Credit Cards 52

Credit Cards Legal Debit Card Disputes 52

EBizCharge

MAY 2, 2024

Adopting a cash discount program where posted prices have the credit card processing fee built-in, and those paying by cash receive a discount. Level of security When considering a no fee credit card processing solution, it’s imperative to assess the security protocols they have in place.

Credit Cards 52

Credit Cards Process Processors Legal 52

Evolve Payment

NOVEMBER 21, 2022

Payment Card Industry (PCI) Compliance PCI compliance, also known as the Payment Card Industry Data Security Standard, or PCI-DSS for short, is a standard that the major credit card brands established to protect the industry from hacks, breaches, and exposed customer data. Is your business PCI compliant?

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Process Processors Credit Cards PCI DSS 52

Clearly Payments

DECEMBER 7, 2023

Ensure that the payment gateway complies with Payment Card Industry Data Security Standard (PCI DSS) requirements. Considerations: Assess whether there are one-time setup fees and if they align with your budget. This ensures that customer data is handled and stored securely, reducing the risk of data breaches.

Payment Gateways 52

Payment Gateways Gateways Online and Mobile Banking Payment APIs and Integration 52

Clearly Payments

JULY 11, 2024

Assessment Fees: Charged by card networks (e.g., PCI Compliance Fees: Fees for maintaining compliance with Payment Card Industry Data Security Standards (PCI DSS). Non-Compliance with PCI Standards: Payment Card Industry Data Security Standards (PCI DSS) compliance is mandatory for businesses handling card transactions.

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Process PCI DSS Processors Non-Bank 52

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.

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Process PCI DSS Processors Payment APIs and Integration 52

EBizCharge

JUNE 4, 2024

Ensure the selected payment gateway complies with the Payment Card Industry Data Security Standards (PCI DSS) to protect your customers’ payment information. Adhering to PCI DSS and employing advanced security measures like encryption and role-based access helps mitigate the risk of fraud and ensure compliance.

Credit Cards 52

Credit Cards Process Payment Gateways Best Practices 52

Stax

FEBRUARY 15, 2024

Additionally, PayFacs conduct ongoing monitoring of merchants to ensure compliance with Payment Card Industry (PCI) regulations post-onboarding. ISVs ensure software solutions meet standards like PCI DSS (Payment Card Industry Data Security Standard).

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ISVS Facilitators ISOs Payment APIs and Integration 88

EBizCharge

APRIL 25, 2024

Merchant accounts provide a secure channel for handling sensitive financial information, such as cardholder data, in compliance with industry standards like the Payment Card Industry Data Security Standard (PCI DSS). The post How to Accept the 10 Most Popular Forms of Payment appeared first on EBizCharge.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Credit Cards Contactless Payments 52

Clearly Payments

SEPTEMBER 13, 2024

They also ensure compliance with industry standards like PCI DSS. If you’re unsure, Clearly Payments offers consulting services to help you assess your specific needs. The post What is a Payment Orchestrator? This data can be used to optimize payment strategies, identify trends, and make informed decisions.

Payment APIs and Integration 81

Payment APIs and Integration Multi-Currency Payments Gateways 81

PayHawk

APRIL 18, 2023

PCI DSS Payment Card Industry Data Security Standards, a set of security standards designed to protect payment card data. U Underwriting The process of assessing the risk of a merchant account and determining the appropriate fees and processing limits. Get Started → Already have a payment processor and want to switch to us?

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Process Card Issuer Online and Mobile Banking Issuers 52