Stax

NOVEMBER 14, 2024

Here are the inside details about what defines a payment solutions provider, how processing works, the credit card processing fees , risks, and more. TL;DR There are several parties involved in credit card processing. They include: the merchant, cardholder, card associations, acquiring bank, issuing bank, and payment processor.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

Stax

MARCH 4, 2024

How to Comply with Payment Security Standards The Payment Card Industry Data Security Standards, or PCI DSS , are the North Star for payment processing security. Set by card associations like Visa, Mastercard, American Express, and Discover, the PCI DSS determines security protocols and sets the standards for payment security.

PCI DSS 88

PCI DSS Payment Security Security MFA 88

Evolve Payment

NOVEMBER 19, 2024

Ecommerce transactions don’t have EMV (an acronym for Europay, Mastercard, and Visa, but really just means the chip on your credit card) capabilities, so they are especially vulnerable. There are four PCI compliance levels based on your company’s transaction volume over 12 months.

PCI DSS 52

PCI DSS Compliance Processors Breach 52

BNG Payments

JANUARY 1, 2022

One way to keep your monthly costs down is by lowering credit card transaction costs. You will be charged transaction rates from your payment processor, merchant acquiring bank, card associations, and in some cases, even your merchant services provider. Rates are also affected by how you run the card in a machine.

Credit Cards 52

Credit Cards Processors Non-Bank Card Association 52

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. This set of security guidelines is mandated by major credit card associations such as Visa, Mastercard, American Express, and Discover.

PCI DSS 52

PCI DSS Compliance Audit Encryption 52

PayHawk

APRIL 18, 2023

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

Process Card Issuer Online and Mobile Banking Issuers 52

BNG Payments

FEBRUARY 4, 2022

In addition to online payments, if an organization wants to accept offline donations via credit cards, a merchant account is used alongside a hand-held credit card reader.  A card association is a group of banks that sets the terms for all credit card transactions.

Credit Cards 52

Credit Cards Process Processors ACH 52