Remove Card Association Remove Data Security Remove PCI DSS
article thumbnail

The Complete Guide to PCI Compliance

Evolve Payment

Table of Contents PCI Compliance in a Nutshell PCI compliance, also known as the Payment Card Industry Data Security Standard , or PCI-DSS, is an important standard that major credit card companies like Visa and Mastercard have adopted to protect themselves and their merchants from the risks associated with exposed cardholder data.

PCI DSS 94
article thumbnail

Payment Security: Everything You Need to Know About Secure Payments

Stax

To stay ahead of fraud means merchants must understand the threats, use trusted and secure providers, and keep up to date on payment security trends. So, let’s dive into payment security, touching on the basics of what you need to know to ensure secure payments. Q: How do I ensure online payment security?

PCI DSS 88
article thumbnail

Everything You Need to Know About PCI Compliance for Credit Card Processing

Stax

When consumers have faith in your business and capabilities to protect their data, they’re more likely to shop with you. There are 12 requirements under PCI DSS, divided into six major categories. Each requirement plays a critical role in building a secure environment for payment processing. What is PCI Compliance?

article thumbnail

Why PCI Compliance is Critical for Businesses

Exact Payments

The Payment Card Industry Data Security Standard (PCI DSS) plays a crucial role in protecting cardholder data for businesses that accept credit card payments. This set of security guidelines is mandated by major credit card associations such as Visa, Mastercard, American Express, and Discover.

PCI DSS 52
article thumbnail

Merchant Processing Explained: What Happens Behind the Swipe?

Evolve Payment

Between the alphabet soup of acronyms (PCI? More specifically, the OCC labels a merchant processing activity as: “the settlement of credit and debit card payment transactions by banks for merchants through various card associations.” You’re not alone. Don’t get us started!),

Process 52
article thumbnail

Understanding Payment Processing Terminology Glossary for Merchants

PayHawk

BIN Sponsorship A service provided by payment processors that enables merchants to accept payment cards from multiple card issuers. Bluetooth Card Reader A wireless device that connects to a mobile device or computer to process payment card transactions.

Process 52