Payment Savvy

JULY 3, 2024

Once the card is swiped, tapped, or details entered, the merchant’s POS system or payment gateway captures the transaction details. EMV Chip Technology EMV (Europay, Mastercard, and Visa) chips generate unique, one-time codes for each transaction, making it much harder for fraudsters to clone or counterfeit debit cards.

Debit Card 52

Debit Card Process PCI DSS Processors 52

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

BNG Payments

JANUARY 7, 2022

Making your online store PCI compliant is essential for protecting your customers and business from credit card payment risks. To do so, you need to ensure that all of your web pages are encrypted and that you have a secure checkout process. It provides an added level of security during transmission. If not, inquire why.

Credit Cards 52

Credit Cards Mitigation Risk PCI DSS 52

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

PYMNTS

JULY 19, 2019

Visa has acquired Munich-based payment gateway PayWorks. The plan is to fully integrate the cloud-based processing solutions of PayWorks with Visa’s CyberSource digital payment management platform and large acquirer base. The most recently issued cards have chips as well as encryption. Why Visa Acquired PayWorks.

Payment APIs and Integration 51

Payment APIs and Integration Federal Trade Commission FTC PayPal 51

BNG Payments

FEBRUARY 4, 2022

A third-party processor is a provider that allows a business to accept payments without opening its own merchant account. This triggers the payment processor to send the transaction through a payment gateway which verifies the validity of the card and checks if the donor is a human (not a robot) and the card is not fraudulent.

Credit Cards 52

Credit Cards Process Processors ACH 52

EBizCharge

JULY 2, 2024

From a business perspective, a streamlined payment process reduces administrative burden, decreasing the chances of errors and delays in cash flow. Customers can securely store their payment card information and use their smartphones for transactions. Utilize digital payment gateways.

Contactless Payments 52

Contactless Payments Payments Disputes Online and Mobile Banking 52

Clearly Payments

DECEMBER 5, 2023

Secure Socket Layer (SSL) encryption became a standard, ensuring the confidentiality of sensitive information during online transactions. The past decade has been characterized by a focus on enhancing security measures, with the widespread adoption of EMV (Europay, Mastercard, Visa) chip technology.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

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