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Credit and debit cards, digital wallets , ACH transfers , and other digital payments have become the norm. To accept electronic payment methods fast and securely, you need a paymentgateway. Its the bridge between your customers preferred payment methods and business cash flow.
In today’s global economy in 2024, the financial transactions has evolved into a dynamic ecosystem, where a multitude of players work together to facilitate fast and secure payment processing. The payment processing ecosystem is vast and multifaceted, with a staggering array of statistics underscoring its significance.
Implement Required Security Controls This may include deploying firewalls, encryption technologies, anti-virus software, and access control measures for your Point-of-Sale (POS) software, your paymentgateway software, and any other place your paymentcard data and sensitive information like card numbers and account data may be accessible.
BIN Sponsorship A service provided by payment processors that enables merchants to accept paymentcards from multiple card issuers. Bluetooth Card Reader A wireless device that connects to a mobile device or computer to process paymentcard transactions.
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