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The Best Way for a Business to Handle Chargeback Management

Clearly Payments

Skills Required: Leadership, project management, and knowledge of chargeback regulations. Compliance with Industry Regulations Staying compliant with regulations is crucial in chargeback management to maintain your merchant account and avoid penalties. GDPR/CCPA : Protect customer data and comply with regional privacy laws.

PCI DSS 59
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How to Create a GDPR-Compliant Password Policy?

VISTA InfoSec

If your company has ever worked with businesses in European Union countries, you probably had to follow the EU’s General Data Protection Regulation (GDPR). Compliance with Other Standards and Regulations While GDPR sets a high bar for data protection, organizations must also consider compliance with other relevant standards and regulations.

MFA 130
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Recurring Billing: Definition, How it Works, and Best Practices

Stax

Legal and payment compliance Adhering to compliance standards, including those set by the Payment Card Industry Data Security Standard (PCI DSS), is essential. Q: What regulations apply to recurring billing? General Data Protection Regulation (GDPR) (in Europe): Governs the privacy and protection of personal data.

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What is a BIN in Payment Processing

Clearly Payments

Merchants in high-risk categories, such as online gaming, travel, and adult services, benefit from BIN data as it helps processors manage risk levels and ensure compliance with industry regulations. Payment processors must meet both local regulations and the specific compliance requirements of each card network and their sponsoring bank.

Process 76
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What Is Plaid and Is It Safe to Use? Everything You Need to Know

Payment Savvy

Compliance Plaid adheres to data protection regulations like GDPR and CCPA, as well as financial industry standards such as PCI DSS. Authentication The company implements industry-standard authentication and access controls to permit only authorized entities to access financial data.