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Tourism Data Hack Leads Greek Banks To Cancel Thousands Of Their Cards

PYMNTS

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
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What Is Debit Card Processing & How Does It Work?

Payment Savvy

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.

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Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

Stax

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.