Clearly Payments

SEPTEMBER 22, 2024

The MATCH (Member Alert to Control High-risk) list is a tool used by acquiring banks and payment processors to manage risk. Why Is the MATCH List Important for Payment Processors? Payment processors use the MATCH list to evaluate the risk associated with a potential merchant. What Is the MATCH List?

PCI DSS 76

PCI DSS Processors Credit Cards Non-Bank 76

Clearly Payments

MAY 2, 2024

Security and Compliance : The contract should detail the payment processor’s compliance with security standards, such as PCI DSS (Payment Card Industry Data Security Standard) , and outline your responsibilities in maintaining security. per transaction. Clearly Payments has much lower fees.

Process 99

Process PCI DSS Processors Payments 99

Fi911

MAY 7, 2024

Acquirers and processors within the Mastercard network routinely consult the TMF or MATCH List prior to onboarding a new merchant. Merchants may also be removed from the list if they were added for PCI-DSS noncompliance, but have since become compliant. For example, proving a mistake was made in the original TMF placement.

PCI DSS 84

PCI DSS Processors Compromise Identity Theft 84

Clearly Payments

DECEMBER 5, 2023

This comprehensive guide aims to unravel the complexities and distinctions among three primary types of payment processors: Acquirers, Independent Sales Organizations (ISOs), and Aggregators. Here are examples of some of the top payment processors. Here’s also a list of the best payment processors.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

Fintech Finance

MARCH 20, 2024

A platform that has been developed to ensure the secure transmission of sensitive payment card data, serving as a vital link between MeaWallet customers, payment processors and service providers. It not only democratises access to payment card data but also levels the playing field for businesses of all sizes.

PCI DSS 52

PCI DSS Gateways Security Push-to-Card 52

Stax

MARCH 15, 2024

TL;DR Secure payment systems are crucial for eCommerce stores and companies to utilize because they protect both consumers and businesses from theft and fraud. Secure payment systems are easy to implement, as you use your payment processor to create a secure payment gateway.

Process 88

Process Security PCI DSS Encryption 88

Segpay

JUNE 13, 2024

Recent cyberattacks on payment processors: The BitMark attack. Experts recommend a multi-layered security approach that requires human vigilance and tech solutions. Compliance with Industry Standards Your business should comply with industry bare minimums like Payment Card Industry Data Security Standard (PCI DSS).

Best Practices 40

Best Practices Processors Transactions Security 40

Payment Savvy

JULY 3, 2024

When a customer inserts their EMV chip card into a compatible POS terminal, the chip communicates with the terminal to verify the card’s authenticity and authorize the transaction securely. PCI DSS Compliance This is the cornerstone of debit card security. Certain processors cater to specific industries.

Debit Card 52

Debit Card Process PCI DSS Processors 52

EBizCharge

MARCH 12, 2024

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. Therefore, merchants should offer popular payment options that provide consumers flexibility and robust security features to protect sensitive data.

Credit Cards 52

Credit Cards ACH Payment Gateways PCI DSS 52

Clearly Payments

JANUARY 12, 2024

Isolate and Secure the Affected System Immediately isolate any compromised systems or payment terminals to prevent further unauthorized access. Contact the Payment Processor Notify your payment processor as soon as possible. Implementing robust security measures is another essential step.

Credit Cards 88

Credit Cards Law Enforcement Card Issuer PCI DSS 88

EBizCharge

AUGUST 12, 2024

What’s the difference between acquirers, issuers, and payment processors? When navigating the realm of credit card processing, it’s crucial to distinguish between merchant acquirers (acquiring banks), card issuers, and payment processors, as each plays a distinct role in the card transaction ecosystem.

Credit Cards 52

Credit Cards Acquirers Process Debit Card 52

EBizCharge

AUGUST 8, 2024

For a more comprehensive payment experience, users can integrate with third-party processors that provide various tools and features to streamline payment operations. Now that you know some of the benefits of processing payments in Salesforce, it’s essential to understand the roles of payment gateways and payment processors.

Processors 52

Processors Payment Gateways Fraud Detection Encryption 52

EBizCharge

MAY 24, 2024

Here’s a step-by-step guide on how to integrate embedded payment processing directly into your Sage payment processing software: Choose your payment processing integration: Select a payment processor that integrates into Sage. Security features should also be a priority.

Embedded Payments 52

Embedded Payments Process PCI DSS Payments 52

Payment Savvy

MAY 11, 2023

To do so, you will need to establish a merchant account with an acquiring bank or payment processor. Transaction processing: Visa transactions are processed electronically through the Visa network, which securely communicates with your acquiring bank or payment processor to authorize and settle transactions.

Rules 52

Rules PCI DSS Disputes Payment Networks 52

Clearly Payments

APRIL 3, 2024

When a customer initiates a payment, the payment processor verifies the transaction details, such as the cardholder’s information and the availability of funds. Once verified, the processor authorizes the transaction and communicates this approval to both the merchant and the customer. Visa, Mastercard).

Process 45

Process Processors Online and Mobile Banking Payments 45

Stax

MAY 7, 2024

Credit card merchant fees are split between multiple key players- merchants, credit card networks, banks, and processors. Processor markup These are fees charged by the payment processor, which is the company that manages and facilitates credit card transactions. Processor markup fees are also known as merchant service fees.

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

EBizCharge

JULY 19, 2024

This article will explore five reasons why using PDF forms for payment collection doesn’t meet PCI DSS requirements, highlighting the risks and security gaps inherent in this method. By understanding these pitfalls, businesses can take proactive steps to adopt more secure payment processing solutions.

PCI DSS 52

PCI DSS Compliance Credit Cards Third-Party Service Provider 52

Stax

SEPTEMBER 17, 2024

Benefits of using a payment gateway include a simplified purchasing experience for customers, increased operational efficiency, and PCI compliance. Simply put, 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.

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 88

Stax

DECEMBER 20, 2023

Most processors will actually waive that fee if you tell them no, so don’t be afraid to speak up. Be sure you know if there is a date you need to provide an opt-out by if you end up switching processors, as well. They are a fixed credit card processing expense, and they’re the same for all processors.

Credit Cards 88

Credit Cards Small Business Process Security 88

The Payments Association

OCTOBER 4, 2024

These regulations are designed to ensure security, protect consumer data, and promote fair competition. This balancing act between fair pricing for merchants and profitability for payment processors continues to challenge the industry, especially as new competitors often tout lower costs as their key selling point.

Cross-Border Payments 88

Cross-Border Payments Online and Mobile Banking Cross-Border Alternative Payment Methods 88

EBizCharge

AUGUST 30, 2024

Merchants typically encounter three primary types of fees: interchange fees paid to the card issuers, assessment fees paid to credit card networks, and various payment processor fees that cover the services provided by merchant services providers. These fees vary depending on the payment processor and the merchant’s chosen service plan.

Credit Cards 52

Credit Cards Processors Process Card Issuer 52

Stax

FEBRUARY 26, 2024

Role of payment gateways and processors Payment gateways and processors act as the backbone of recurring payments. These platforms facilitate secure transactions, encrypt sensitive data, and ensure the seamless flow of funds between customers and businesses.

Best Practices 88

Best Practices Payment APIs and Integration Payment Gateways Payments 88

Stax

APRIL 18, 2024

You need to understand what features are most important in a mobile processor and the extent to which you need those features. A mobile credit card processor offers a many benefits that appeal to a wide variety of businesses: The most obvious benefit of mobile credit card processing is its portability and flexibility.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Mobile Payments 88

Stax

AUGUST 29, 2024

Compliance and security Your PSP is responsible for ensuring that sensitive customer financial data is securely encrypted and stored according to the standards and regulations of the industry, such as PCI DSS (Payment Card Industry Data Security Standard). Request a Quote

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking 88

Payment Savvy

JULY 12, 2024

When a customer pays for a product or service with a credit card, the payment processor manages the transaction from the customer’s bank to your merchant account. Traditional processors take a cut of each transaction and tack on extra fees, which can really chip away at your profits. Why Free Payment Processing?

Debit Card 52

Debit Card Online and Mobile Banking Payments Zelle 52

PYMNTS

NOVEMBER 6, 2018

PCI compliance is vitally important for businesses that process credit cards. The standards put forth by the PCI Security Standards Council – the PCI Data Security Standards – offer a framework for ensuring data security, and they must be followed in order to avoid fines and other penalties.

PCI DSS 71

PCI DSS Privacy Breach Irrevocability 71

BNG Payments

JANUARY 7, 2022

Ensure Your Business is PCI Compliant You've probably already heard a lot about the Payment Card Industry Data Security Standard (PCI DSS), commonly known as PCI. First introduced in 2006, it's a popular standard used by merchants to protect cardholder data. BNG Payments can also help.

Credit Cards 52

Credit Cards Mitigation Risk PCI DSS 52

VISTA InfoSec

NOVEMBER 9, 2023

In the world of digital transactions, businesses handling payment cards must demonstrate their data security measures through the Payment Card Industry Self-Assessment Questionnaire (PCI SAQ). Completing the SAQ is a key step in the PCI DSS assessment process, followed by an Attestation of Compliance (AoC) to confirm accuracy.

PCI DSS 130

PCI DSS Assessments Compliance Credit Cards 130

Stax

JULY 25, 2024

For example, you can integrate your POS system with a payment processor like Stax Payments and enjoy fair payment processing rates, third-party app integration, and comprehensive reporting. But there’s a much greater risk than theft— data breaches. Systems with low levels of data security are an easy target.

Small Business 88

Small Business PCI DSS CRM Online and Mobile Banking 88

Exact Payments

AUGUST 23, 2023

Embedded payment processors should be able to offer what is known as Level 2 and Level 3 credit card processing. Less cost for customers; more revenue for vendors In the B2B payments world, credit cards, specifically corporate purchasing cards, make up most transactions, second only to ACH payments.

Embedded Payments 52

Embedded Payments B2B Accounts ISVS 52

EBizCharge

JUNE 6, 2024

For businesses utilizing Dynamics 365, incorporating credit card processing capabilities streamlines transactions, optimizes cash flow, and enhances customer service while maintaining rigorous standards for security and compliance. Select a payment gateway and processor.

Credit Cards 52

Credit Cards Process Payment Gateways Gateways 52

Exact Payments

JULY 12, 2024

The card networks set assessments, which are, therefore, the same for all processors. PCI fees Most merchant services providers charge a fee for assisting with Payment Card Industry Data Security Standard (PCI DSS) compliance. They also assess non-compliance fees should the merchant fall out of compliance.

Assessments 52

Assessments Credit Cards PCI DSS Transactions 52

Evolve Payment

NOVEMBER 21, 2022

There are three different types of payment integration systems : Your business is running transactions as non-integrated payments if your point-of-sale (POS) system doesn’t ‘talk’ to your payment processor through card readers. Is your business PCI compliant? Send the SAQ to your processor.

Process 52

Process Processors Credit Cards PCI DSS 52

Stax

JANUARY 15, 2024

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Whether adhering to federal mandates, state laws, or international compliance, there’s a global framework that ensures secure financial transactions worldwide.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Ikajo

NOVEMBER 22, 2023

PayFac as a Service’s vendors may guide businesses in obtaining licenses and security certifications that ensure compliance with industry standards. Compliance and security Make sure that the vendor is compliant with industry regulations and standards.

Facilitators 52

Facilitators Payment APIs and Integration PCI DSS Payments 52

Stax

FEBRUARY 28, 2024

For best practices, integrate it with your other systems, offer flexible plans for optimized cash flow, and ensure data security compliance to industry standards. Full control over the payment process Although subscribing to an existing payment processor is convenient, you have very limited control over how the payment process works.

Payment APIs and Integration 88

Payment APIs and Integration Automation PCI DSS Fraud Prevention 88

Stax

JULY 9, 2024

Key regulations governing EFT payments include the National Automated Clearing House Association (NACHA) rules, which establish guidelines for ACH transfers, and the Payment Card Industry Data Security Standard (PCI DSS), which sets security standards for handling card information.

Electronic Fund Transfer Act (EFTA) 88

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88