The Payments Association

OCTOBER 4, 2024

Key regulations such as the Payment Card Industry Data Security Standard (PCI DSS), General Data Protection Regulation (GDPR), and the revised Payment Services Directive (PSD2) and upcoming PSD3 in the European Union provide consumer confidence but give the industry a lot to think about.

Cross-Border Payments 88

Cross-Border Payments Online and Mobile Banking Cross-Border Alternative Payment Methods 88

Clearly Payments

FEBRUARY 12, 2024

Interventions such as countries putting caps on interchange fees and mandates for transparent pricing aim to foster competition and protect consumer interests. Moreover, stringent data protection and privacy regulations, such as the GDPR and PCI DSS , govern how Visa and Mastercard handle sensitive financial data.

Visa 105

Visa Payments Payment Networks Online and Mobile Banking 105

EBizCharge

JUNE 28, 2024

Credit card networks impose a cap on surcharges, typically restricting them to no more than the merchant’s cost to process credit card transactions or up to 3%, whichever is lower. Use secure payment gateways and adhere to Payment Card Industry Data Security Standard (PCI DSS) guidelines.

Credit Cards 52

Credit Cards Legal Debit Card Disputes 52

Stax

MARCH 14, 2024

ACH payments take up to three days to process and cost around 1% of the transaction with a $10 cap. Security and compliance Ensure that the payments platform prioritizes security and compliance with industry standards such as PCI DSS (Payment Card Industry Data Security Standard). Thus, it’s more secure.

B2B 88

B2B Process B2C Credit Cards 88

Segpay

FEBRUARY 28, 2024

Try negotiating caps after volume thresholds or bundled transaction pricing. Costs for authorizations, captures, batch settlement entries, decline fees, and other lifecycle events nickel and dime merchants. Transaction fees especially erode thin-margin businesses with average tickets under $15.

Processors 52

Processors IRS Push-to-Card Non-Bank 52