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The 12 PCI DSS Requirements to Ensure PCI Compliance

Stax

If merchants are exposed to security vulnerabilities when processing digital payments, the risk of cardholder data falling into the wrong hands increases exponentially. This is why PCI DSS compliance is critical. In this article, we’ll discuss why your business needs to ensure PCI compliance and what the 12 PCI DSS v4.0

PCI DSS 88
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PCI requirements and who needs to follow them

Basis Theory

Today, the framework introduced in the early 2000s outlines 12 PCI requirements that merchants must satisfy to process credit card transactions on the card networks. Failure to meet these standards could result in fines or bans as a merchant or service, rendering you unable to process payments or send payment data with the major networks.

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What Is Data Tokenization and How Does It Work?

Stax

Tokenization vs encryption Data encryption is another popular data security technique where data is transformed into an illegible format. In contrast, tokenization does not depend on keys or encryption algorithms, as random data is mapped to and replaces sensitive data.

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What is a Payment Gateway and How Does It Work?

Stax

TL;DR A payment gateway is a solution that securely reads and transfers a customer’s payment information to a merchant’s bank account—both for online and in-person transactions. Think of it as a cash register, except that the payments it processes are non-cash. The customer’s card-issuing bank that holds their credit card account.

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Acumatica Credit Card Processing: Benefits and Getting Started

EBizCharge

Security and compliance are non-negotiable when dealing with credit card processing. Ensure the selected payment gateway complies with the Payment Card Industry Data Security Standards (PCI DSS) to protect your customers’ payment information. Security and compliance.

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Best Online Gaming Payment Gateway: Secure Payment Solutions for Gamers

Segpay

Moreover, these gateways support various payment methods, including credit and debit cards, e-wallets, and bank transfers, making it convenient for gamers to choose their preferred options. Transaction Authorization: The processor communicates with the player’s bank or payment provider to verify and approve the transaction.