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

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.

PCI DSS 88

PCI DSS Credit Cards 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 83

Payments BNPL Value Added Service ISOs 83

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

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

PayHawk

APRIL 18, 2023

Address Verification Service (AVS) A fraud prevention tool that checks the billing address provided by the cardholder against the address on file with the card issuer. Approval Code A code provided by the payment processor to indicate that a transaction has been approved.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52