PYMNTS

JANUARY 22, 2020

After consumer information was compromised on a tourist website, Alpha Bank, Piraeus Bank, Eurobank and the National Bank of Greece each cancelled their credit and debit cards for customers. As a result, any banking card used on the travel portal was cancelled, and to be replaced.

PCI DSS 52

PCI DSS Data Breach Breach Compromise 52

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). PCI DSS Compliance This is the cornerstone of debit card security.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Clearly Payments

NOVEMBER 13, 2024

This routing allows the processor to request authorization for the transaction from the issuing bank, which then approves or denies it based on factors like available funds and fraud checks. For instance, it indicates the issuing bank, card type (credit, debit, or prepaid), and sometimes the country of issuance.

Process 76

Process Processors Payments Compliance 76

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.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

Stax

JULY 9, 2024

They allow you to move with the device and accept payments wherever you need — both bank cards and mobile wallet payments. Digital wallet payments Digital wallets lets consumers make contactless payments, linked to their debit card or credit card information, without the need for a physical payment card.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163