Clearly Payments

NOVEMBER 13, 2024

Card Verification and Authentication : BINs support the verification process by providing immediate access to the issuing institution’s information. Payment processors use this data to authenticate the card details, ensuring that the card being used matches the card type, issuer, and other key characteristics tied to the BIN.

Process 104

Process Processors Payments Compliance 104

Stax

APRIL 3, 2025

Theyre easy to integrate and set up, with the host taking care of data security measures, including PCI compliance and fraud protection. Businesses using self-hosted gateways must handle data security measures and comply with industry standards like PCI DSS.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Payment Gateways Gateways 88

Stax

JANUARY 21, 2025

Ensure the gateway offers PCI DSS compliance, encryption, tokenization, and fraud prevention tools to safeguard transactions. Look for PCI DSS-compliant payment gateways that optimize the security of credit and debit card transactions. Learn More What is a Payment Gateway?

Payment Gateways 88

Payment Gateways Gateways PCI DSS Payment APIs and Integration 88

Stax

JANUARY 23, 2025

Key steps include application review, risk assessment, credit checks, and compliance verification. Step 4: KYC and AML Checks Compliance officers or automated systems integrated with KYC and AML verification services verify the identity of business owners and ensure compliance with anti-money laundering regulations.

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

Clearly Payments

MARCH 14, 2025

Tokenization : Converts sensitive card data into a unique token, reducing the risk of data breaches. 3D Secure Authentication : Adds an additional verification step for online transactions, such as a one-time password (OTP) or biometric authentication.

Credit Cards 52

Credit Cards Transactions PCI DSS Online and Mobile Banking 52

Clearly Payments

JANUARY 8, 2024

The first step is implementing robust authentication processes, including multi-factor authentication, biometric verification , and tokenization , to enhance user access security. Empowering customers to be vigilant about their own security is another key aspect.

Risk Management 97

Risk Management Risk PCI DSS Process 97

Stax

APRIL 8, 2025

PCI compliance fee – This fee is usually charged by the payment processor or acquiring bank to ensure the business follows Payment Card Industry Data Security Standard ( PCI DSS ) requirements to protect customer data.

Credit Cards 88

Credit Cards Process Processors Push-to-Card 88

Stax

MARCH 11, 2025

The payment gateway : this is a cloud-based payments software integrated with your website thats responsible for the secure transfer of your customers credit card information to your payment processor. Some payment gateways use tokenization to secure sensitive customer details.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

Stax

MARCH 4, 2024

To stay ahead of fraud means merchants must understand the threats, use trusted and secure providers, and keep up to date on payment security trends. So, let’s dive into payment security, touching on the basics of what you need to know to ensure secure payments. Q: How do I ensure online payment security?

PCI DSS 88

PCI DSS Payment Security Security MFA 88

Stax

NOVEMBER 21, 2024

It also ensures that data security best practices, particularly PCI DSS (Payment Card Industry Data Security Standards) requirements , are followed to the letter to prevent any breach or loss of sensitive customer data.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

VISTA InfoSec

JUNE 3, 2024

Multi-Factor Authentication (MFA) Implementing multi-factor authentication (MFA) adds an extra layer of security to the authentication process. MFA requires users to provide two or more verification factors, such as a password and a one-time code sent to their mobile device.

MFA 130

MFA Credential PCI DSS Compliance 130

EBizCharge

MARCH 18, 2025

Payment security A reliable Sage 100 payment processing solution will protect customer payment information by implementing robust security protocols and ensuring full compliance with Payment Card Industry Data Security Standards (PCI-DSS).

Credit Cards 52

Credit Cards Process Security Data Breach 52

Stax

JANUARY 28, 2025

Enhanced securitytokenization and two-factor authentication reduces the risk of data breaches As we mentioned earlier, Click to Pay uses a data security approach called tokenization to protect sensitive financial data from malevolent actors.

Payment APIs and Integration 68

Payment APIs and Integration Online and Mobile Banking Payment Gateways Gateways 68

Stax

MARCH 15, 2024

The primary security standards that payment systems typically adhere to include: Payment Card Industry Data Security Standard (PCI DSS): PCI DSS sets forth requirements for securing payment card data, including encryption, access control, network monitoring, and regular security testing.

Process 88

Process Security PCI DSS Encryption 88

EBizCharge

FEBRUARY 26, 2025

Additionally, it includes security features such as tokenization, encryption, and fraud prevention tools to ensure compliance with Payment Card Industry Data Security Standards (PCI DSS). In addition to compliance measures, implementing fraud prevention tools enhances security and minimizes financial risk.

Credit Cards 52

Credit Cards Process Payment APIs and Integration Payment Gateways 52

Clearly Payments

OCTOBER 22, 2024

Verification : The encrypted PIN is sent to the card issuer’s system, where it is matched against the cardholder’s stored PIN. Transaction Approval : Upon successful verification, the card issuer approves the transaction, and the payment is processed. If the PIN is correct, the transaction proceeds.

Debit Card 105

Debit Card Credit Cards Point-of-Sale (POS) Encryption 105

Clearly Payments

JANUARY 12, 2024

Implementing robust security measures is another essential step. Merchants should invest in secure payment processing systems, utilize encryption technologies, and comply with Payment Card Industry Data Security Standard (PCI DSS) requirements.

Credit Cards 105

Credit Cards Law Enforcement Card Issuer PCI DSS 105

Nanonets

OCTOBER 9, 2024

  Whether you're a loan officer reviewing an application or a business owner ensuring your clients’ payments are in order, bank statement verification is integral to ensuring financial accuracy and fraud prevention. Let’s discuss bank statement verification and find answers to some of your biggest challenges.

Verification 52

Verification AI Reconciliation Payment APIs and Integration 52

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).

Accounts 52

Accounts Payment Gateways Gateways Payment APIs and Integration 52

Stax

APRIL 30, 2024

Highest level of PCI security compliance that keeps payment data secure. Payment processors are responsible for communicating the details among various entities, whereas payment gateways deal with verification and approval. Not complying with the PCI can attract a fine of up to $500,000 per incident.

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

Stax

APRIL 10, 2025

It will use magnetic secure transmission (MST) to transmit the relevant data when the smartphone is held at close range (a few centimeters usually) or tapped to your card reader. Step 5: Evaluate security and fraud protection The required level of vigilance will depend on the applicable regulations in your industry.

Small Business 88

Small Business Wire Transfer BNPL ACH 88

PYMNTS

JUNE 6, 2016

A little over two months ago, the FTC issued orders to nine card firms to provide information on how exactly retailers’ compliance with PCI standards is measured in regards to PIC Data Security Standards. In response, the PCI council has noted that the NRF’s letter is full of “unfounded assertions.”

FTC 40

FTC PCI DSS EMV Data Security 40

Clearly Payments

DECEMBER 2, 2024

Security Features Fraud and chargebacks are significant concerns for businesses accepting credit cards. To minimize risk: Look for PCI Compliance: The Payment Card Industry Data Security Standard (PCI DSS) is mandatory for all businesses that handle cardholder data.

Credit Cards 105

Credit Cards Payment Gateways Gateways Point-of-Sale (POS) 105

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).

Payment Service Provider (PSP) 88

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

EBizCharge

MARCH 3, 2025

Merchants must handle sensitive payment data to process their customers transactions, making it essential to protect this information. Acumatica-integrated payment solutions can meet various legal and regulatory requirements and keep your data safe using the latest security measures.

Credit Cards 52

Credit Cards Process Payment Gateways Payment APIs and Integration 52

Clearly Payments

MARCH 22, 2024

Biometric authentication, including fingerprint scanning and facial recognition, provides a highly secure and convenient method for user verification, reducing the risk of fraud and identity theft. Regulatory compliance is another critical aspect of ensuring security and trust in mobile payments.

Contactless Payments 105

Contactless Payments Online and Mobile Banking Mobile Payments Payments 105

Stax

JUNE 6, 2024

Test different aspects of the solution, such as invoice creation, report customization, payment reminders, and payment verification. Also look for encryption protocols, user account access, and multi-tenant security measures. You can ask for a demo before investing in the software to gauge its usability and ease of use.

Accounts 88

Accounts PCI DSS Online and Mobile Banking Automation 88

Stax

DECEMBER 27, 2023

How Merchant Accounts Work The process of transaction handling When a customer makes a payment, their payment information is securely transmitted from the checkout to the payment processor for verification. PCI compliance. Scalability.

Accounts 88

Accounts Online and Mobile Banking Payment Gateways PCI DSS 88

EBizCharge

JANUARY 14, 2025

Overall, the payment gateway acts as a secure bridge that encrypts sensitive data, such as credit card details, to ensure the transaction is processed safely and efficiently. Finding a gateway that provides robust fraud prevention tools, encryption, tokenization, full PCI Compliance , and advanced verification is important.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 52

Payment Savvy

JULY 3, 2024

Types of Debit Card Processing & Technologies Card-Present Transactions PIN-based Debit Cards : a debit card transaction where the customer enters a PIN for verification. PCI DSS Compliance This is the cornerstone of debit card security.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Clearly Payments

JULY 11, 2024

PCI Compliance Fees: Fees for maintaining compliance with Payment Card Industry Data Security Standards (PCI DSS). For example, transactions without proper address verification (AVS) may be downgraded, incurring additional charges of 0.1% per transaction.

Process 52

Process PCI DSS Processors Non-Bank 52

Stax

DECEMBER 20, 2023

Use Address Verification Services (AVS) AVS is a fraud prevention measure for online and card-not-present transactions. Train Your Staff To Handle Data Securely For in-person transactions, it’s crucial your staff is able to take payments in an efficient and trustworthy manner.

Credit Cards 88

Credit Cards Small Business Process Security 88

Payment Savvy

MAY 10, 2024

With Plaid acting as the intermediary, your sensitive login credentials never get shared directly with Venmo, enhancing the security of your financial information. What Is Plaid Bank Verification? Plaid bank verification is the process employed by financial apps like Venmo to authenticate bank account ownership and verify funds status.

Payment APIs and Integration 52

Payment APIs and Integration Venmo Privacy Credential 52

Segpay

MARCH 10, 2025

Enhanced Security & Trust for Gamers Players need a safe and seamless way to make transactions. A gaming payment gateway encrypts financial data, prevents fraud, and ensures compliance with security standards like PCI DSS, giving users peace of mind while making deposits and withdrawals.

Payment Gateways 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

EBizCharge

JUNE 4, 2024

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.

Credit Cards 52

Credit Cards Process Payment Gateways Best Practices 52

PayHawk

APRIL 18, 2023

Address Verification Service (AVS) A fraud prevention tool that checks the billing address provided by the cardholder against the address on file with the card issuer. Customer Information Protection The process of protecting sensitive customer information, such as payment card data, from unauthorized access or theft.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

Stax

MAY 7, 2024

PCI-compliance fees – Businesses running credit card transactions must be compliant with the Payment Card Industry Data Security Standard (PCI DSS). This regulation is managed by the Payment Card Industry Security Standards Council (PCI SSC) and is meant to protect the cardholder’s data.

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88