Stax

NOVEMBER 13, 2023

Magnetic stripe payments enjoyed a 30-year reign between the ’70s and ’90s. EMV chip card technology had a good two decades or so, beginning in the mid-’90s. And the winner of the 2010s and beyond is the NFC-powered, contactless sensation that is tap-to-pay. Contactless payments became a must-have during COVID.

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Contactless Payments Push-to-Card Online and Mobile Banking Encryption 88

Clearly Payments

OCTOBER 3, 2024

However, h ere are some of the most popular credit card machine models in the USA: Ingenico Move 5000 Features : Durable design, fast processing, supports multiple payment types including EMV chip and contactless payments over wireless payments with Wi-Fi, Bluetooth, and 4G/LTE connections.

Credit Cards 88

Credit Cards Contactless Payments Payments Point-of-Sale (POS) 88

Clearly Payments

DECEMBER 2, 2024

Contactless payments , such as tap-to-pay, grew by 25% year-over-year in 2023 , making up a significant portion of in-store card transactions. Accepts contactless and EMV chip cards , which are more secure than magnetic stripes. This method uses payment gateways integrated with websites to facilitate transactions.

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Credit Cards Payment Gateways Gateways Multi-Currency 96

Stax

NOVEMBER 6, 2023

There are various methods of enforcing data security, such as data masking, encryption, authentication, and data tokenization. In this article, we’ll take a closer look at what data tokenization means, how it works, and the role it plays in payment processing. A token acts as a stand-in for a far more valuable object.

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Encryption PCI DSS Data Security Origination 88

Fintech News

DECEMBER 5, 2024

Alipay claims to encrypt and protect all biometric data during storage and transmission, but sharing facial data with companies still raises questions about privacy and trust. Weixin with Tencent has introduced a palm recognition payment system that securely authorises transactions using the unique vein patterns in your hand.

CHIPS 52

CHIPS Payment APIs and Integration Payments Privacy 52

Clearly Payments

MARCH 28, 2024

It accepts a wide range of payment methods, including contactless, chip, and magnetic stripe cards. One of the standout features of Clover Flex is its ability to run third-party apps, allowing businesses to customize their payment processing experience according to their specific needs.

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Credit Cards CHIPS Point-of-Sale (POS) Debit Card 82

Fintech Finance

FEBRUARY 5, 2024

This innovative solution streamlines transactions by ditching bulky hardware, empowering businesses of all scales to effortlessly process card payments. With a user-friendly interface and robust encryption, it not only simplifies checkouts but also amplifies customer satisfaction. million by 2028, a compound growth of 7.3%

Contactless Payments 52

Contactless Payments Payments Encryption CHIPS 52

The Fintech Times

APRIL 8, 2024

SUNRATE , a Singapore-based payment and treasury management platform, is bringing Apple Pay to its customers, offering a safer, more secure and private way to pay, and using the iPhone’s power to protect each transaction. Now, SUNRATE customers can use an iPhone or Apple Watch at payment terminals to make contactless payments.

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Credit Cards PCI DSS Commercial Card Treasury Management 59

PYMNTS

APRIL 15, 2016

The EMV certification process is a confusing one to say the least – with merchants having to decide between a myriad of choices and certification methods to figure out the type(s) of certification(s) needed to actually accept EMV-enabled chip cards and to then face the long lines of other merchants doing the same.

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PYMNTS

OCTOBER 25, 2016

In a press release , Creditcall said the the Elavon certification, with more payment processors being added in the following months, enables merchants to instantly accept contactless and EMV chip card payments at the mobile point of sale (mPOS).

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ISVS Payment Gateways EMV CHIPS 62

Stax

NOVEMBER 14, 2024

This means you’ll be able to accept chip cards as well as contactless payment methods like contactless cards and digital wallets like Google Pay or Apple Pay. Mobile Payment Solutions Perfect for the on-the-go business owner, mobile payment technology can be a game-changer for your business.

Credit Cards 88

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

FICO

FEBRUARY 16, 2023

By using this contactless payment method, consumers can take advantage of tokenization and encryption of card details, making it much harder for criminals to capture sensitive card information. Consumers can also take more advantage of tap-to-pay technology.

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Fintech Finance

APRIL 8, 2024

. “More and more businesses seek out for the same degree of convenience and security that they enjoy in their everyday personal transactions – therefore, even though we are known to be a global B2B payment platform, we’re thrilled to bring Apple Pay to our customers,” said Qincheng Wang, Head of Product, SUNRATE.

Credit Cards 52

Credit Cards PCI DSS Commercial Card Contactless Payments 52

PYMNTS

MAY 1, 2018

After a long research and development process, Mastercard created a battery-powered sleeve that lets people self-enroll contact or contactless biometric cards. With the technology, their fingerprints are scanned by the sensors on their cards, and encrypted digital templates are created and securely stored.

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Enrollments Visa EMV Issuers 47

PYMNTS

MAY 13, 2019

There are several ways these attacks can be prevented, however, starting with EMV chip acceptance. EMV payments are more secure than those made by magstripe because cards’ stored information is uniquely encrypted whenever it is accessed. EMV and contactless payments .

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Security EMV Encryption Contactless Payments 49

Stax

APRIL 18, 2024

Modern POS systems often come with built-in card readers capable of accepting various payment methods, including EMV chip cards, magnetic stripe cards, and contactless payments (NFC). EMV-compliant terminals are essential to process chip card transactions securely, reducing the risk of fraudulent activities.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

Stax

JANUARY 3, 2024

Payment processing options An mPOS system should support various payment options to accommodate customer preferences. Traditional methods like cash and credit cards/debit cards are a must-have, as are digital wallets and contactless payments such as Apple Pay for iOS and Android’s Google Pay.

Small Business 88

Small Business PayPal CRM Transactions 88

EBizCharge

APRIL 25, 2024

Card readers or terminals are necessary to accept physical debit and credit cards, including chip-enabled and contactless payments. With the right payment technology and hardware, businesses can effectively manage transactions, enhance customer service, and uphold data security standards.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Credit Cards Contactless Payments 52

Fintech Review

DECEMBER 3, 2024

Point-of-sale (POS) terminals became commonplace, allowing businesses to process payments seamlessly. However, the transition to card-based payments faced initial scepticism, with consumers concerned about fraud and misuse. Despite this, the widespread adoption of chip-and-PIN technology enhanced security.

Payment Solutions 52

Payment Solutions Payments Contactless Payments Online and Mobile Banking 52

Stax

NOVEMBER 6, 2023

Instead, they can tap their mobile devices against supporting POS terminals to process their payments securely and efficiently by way of a digital wallet. Why Is Adding Mobile Payments Important to Businesses Today? What Can You Do to Adopt These Mobile Payments Solutions? Q: Are mobile payments secure?

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88

Payment Savvy

JULY 3, 2024

Contactless Payments : Using NFC (Near Field Communication) and RFID (Radio Frequency Identification) for debit card transactions. Encryption protects data during transmission between the merchant, acquiring bank, card network, and issuing bank, so even if the data is intercepted, it remains indecipherable to unauthorized parties.

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Debit Card Process PCI DSS Processors 52

EBizCharge

JULY 2, 2024

This article will explore ten straightforward methods for collecting payments from customers, highlighting the benefits and practical applications of each. The importance of seamless payment collections A seamless payment collection process is crucial for businesses as it ensures efficiency and customer satisfaction.

Contactless Payments 52

Contactless Payments Payments Disputes Online and Mobile Banking 52

PYMNTS

JUNE 4, 2018

Instead, the fingerprint populates a template that is hashed and encrypted on Touché’s database, and card information is tokenized. The device also only talks to their server, changing the encryption key each time the function is used. CEO and Founder Sahba Saint-Claire told PYMNTS that fingerprint images are not stored. Mastercard.

Encryption 41

Encryption Visa Point-of-Sale (POS) Authentication 41

Stax

APRIL 18, 2024

This technology enables merchants to conduct transactions on the go, typically with both mobile wallet solutions like iOS’ Apple Pay, as well as tap-to-pay, magstripe, and chip cards like American Express, Visa, and Mastercard. This is facilitated through mobile apps or attachments that can accept credit card swipes, taps, or chip inserts.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Mobile Payments 88

Clearly Payments

DECEMBER 5, 2023

Secure Socket Layer (SSL) encryption became a standard, ensuring the confidentiality of sensitive information during online transactions. Smartphones equipped with card readers enabled small businesses and individual entrepreneurs to accept card payments on the go.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

PYMNTS

JANUARY 2, 2017

He pointed out that encryption and tokenization solutions have been among the most effective approaches to keeping data safe in the world of IoT. Even if there is a data breach and someone is able to penetrate the network, they’re not going to be able to extract data that could then be used to commit payment fraud,” said Vanderhoof.

ACH 49

ACH Online and Mobile Banking Cross-Border Same Day ACH 49

PYMNTS

SEPTEMBER 30, 2016

Nationwide, there are roughly 2 million chip-enabled businesses, and 1.3 Additionally, according to newly released data from Cayan, consumers are getting increasingly used to using EMV in their day-to-day lives — 42 percent of consumers use chip cards three or more times per week while shopping. EMV is not only for the big guys.

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EMV CHIPS Chip Cards Push-to-Card 82

Fintech News

DECEMBER 5, 2024

Alipay claims to encrypt and protect all biometric data during storage and transmission, but sharing facial data with companies still raises questions about privacy and trust. Weixin with Tencent has introduced a palm recognition payment system that securely authorises transactions using the unique vein patterns in your hand.

CHIPS 124

CHIPS Payment APIs and Integration Payments Privacy 124