Stax

MARCH 4, 2024

Safeguarding customer payment information requires secure processes during the collection, transmission, processing and storage of payment data and working with a trusted payment processor. It’s also critical to ensure card information is protected from data breaches with secure encryption and cybersecurity standards in place.

PCI DSS 88

PCI DSS Payment Security Security MFA 88

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

SEPTEMBER 17, 2024

Protect Stored Cardholder Data Organizations must protect stored cardholder data and other credit card information using encryption, masking, hashing, or other methods to make the data unreadable to unauthorized individuals. Additionally, sensitive authentication data must never be stored after authorization, even if encrypted.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Clearly Payments

FEBRUARY 14, 2024

From independent sales organizations (ISOs) and payment facilitators (PayFacs) to acquirers, card associations, and beyond, each entity plays a unique role in shaping the payment industry. Payment Processors: These companies handle transaction authorization and settlement, ensuring smooth data exchange.

Payments 82

Payments Value Added Service BNPL ISOs 82

Evolve Payment

NOVEMBER 19, 2024

Another option is for your processor to offer guidance, as most of them have a PCI compliance department. Send the Questionnaire to Your Processor for Submission After completing the SAQ, your processor will submit it for approval. P2PE Merchants using only a validated, PCI-listed Point-to-Point Encryption (P2PE) solution.

PCI DSS 94

PCI DSS Compliance Processors Breach 94

Evolve Payment

MARCH 21, 2024

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.” Gateways securely pass sensitive customer data from your website or point-of-sale (POS) system to your payment processor.

Process 52

Process Gateways Processors Credit Cards 52

BNG Payments

FEBRUARY 4, 2022

If a nonprofit organization is unable to accept credit or debit card transactions or ACH transactions, it severely restricts its fundraising potential, and by extension, its ability to carry out its mission to their nonprofit clients. A credit card payment processor allows nonprofit organizations to process credit card transactions online.

Credit Cards 52

Credit Cards Process Processors ACH 52