EBizCharge

NOVEMBER 27, 2024

Fraud detection and security tools: Merchant accounts often include tools and standards to prevent fraud and enhance security, including Payment Card Industry Data Security Standards (PCI-DSS). This either approves or declines the transaction based on factors like available funds and credit limits.

Accounts 52

Accounts Payment Gateways Gateways Payment APIs and Integration 52

Payment Savvy

MAY 11, 2023

Security: Visa has strict security requirements to protect cardholder data and prevent fraud. As a merchant, you will need to comply with the Payment Card Industry Data Security Standard (PCI DSS) and other security regulations to ensure the safety and security of Visa transactions.

Rules 52

Rules PCI DSS Disputes Payment Networks 52

Clearly Payments

APRIL 3, 2024

Card Network: The credit card network sends the transaction details to the issuing bank (the customer’s bank) for authorization. Issuing Bank: The issuing bank checks the customer’s account for sufficient funds or credit limit and verifies the transaction’s validity.

Process 59

Process Processors Online and Mobile Banking Payments 59

PayHawk

APRIL 18, 2023

Credit Limit The maximum amount that a cardholder can charge within their credit range. PCI DSS Payment Card Industry Data Security Standards, a set of security standards designed to protect payment card data. Payment Terminal A physical device used to process payment card transactions.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

EBizCharge

NOVEMBER 22, 2024

What is a credit card hold? A credit card hold is when a portion of your credit limit is reserved for a potential transaction. Credit card holds are enforced by merchants, payment processors, credit card networks, and card-issuing banks. If this hold is lifted, it will free up your credit limit again.

Credit Cards 52

Credit Cards Card Issuer Issuers Credit Limit 52