Remove Data Encryption Remove Encryption Remove Processors
article thumbnail

What to Know About Tokenization

Basis Theory

As a merchant, to understand tokenization for your own benefit, it’s critical to understand: What tokenization is, why it’s important for payments, and how it compares to encryption. How developers can use a tokenization platform to secure protected data without the costs and liabilities of building their own system.

article thumbnail

A Comprehensive Overview of Salesforce

EBizCharge

Security: Salesforce adheres to stringent security protocols, such as PCI compliance, multi-factor authentication (MFA), and advanced data encryption, to safeguard payment data. Encryption, fraud detection systems, and regular security audits protect business financial information and customer payment data.

article thumbnail

PCI requirements and who needs to follow them

Basis Theory

Whether that is collecting credit card numbers to transmit with a payment gateway, placing details into a shared customer relationship management system, or storing card numbers in an encrypted database—all of this sensitive information must be protected according to the specifics of the PCI-DSS standard.

PCI DSS 88
article thumbnail

What Is Data Tokenization and How Does It Work?

Stax

Moreover, companies need to follow data privacy and compliance requirements to stay in business. There are various methods of enforcing data security, such as data masking, encryption, authentication, and data tokenization. If the payment processor uses tokenization, cardholder data is replaced with tokens.

article thumbnail

Securing Financial Transactions: Best Practices Amidst Cyberattacks on Payment Processors

Segpay

Recent cyberattacks on payment processors: The BitMark attack. Compliance with Industry Standards Your business should comply with industry bare minimums like Payment Card Industry Data Security Standard (PCI DSS). These guidelines significantly reduce the risk of your business’s vulnerability to data breaches. million ransom.

article thumbnail

What is a Payment Gateway and How Does It Work?

Stax

When looking for a payment gateway, make sure it easily integrates with your payment processor, offers transparent pricing, allows you to white-label the payment experience, and has great customer reviews. The gateways authorize the customer’s payment and encrypt the cardholder information. What Exactly Is a Payment Gateway?

article thumbnail

How to Accept Payments Online: Credit Cards, ACH, eChecks and more

EBizCharge

When a customer purchases on a merchant’s website, the payment gateway securely collects and transmits the payment information to the payment processor or acquiring bank for authorization. You can work with reputable payment processors like EBizCharge to ensure a seamless online payment experience that meets all your needs.