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). Address Verification Service (AVS) and CVV verification should be enabled to prevent unauthorized transactions and reduce chargeback rates.

Credit Cards 52

Credit Cards Process Payment APIs and Integration Payment Gateways 52

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

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. Encryption ensures the PIN cannot be intercepted or stolen during transmission.

Debit Card 105

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

EBizCharge

MARCH 3, 2025

Acumatica payment providers should comply with legal and regulatory requirements like Payment Card Industry Data Security Standards (PCI-DSS) , which safeguard payment data by implementing various security protocols. 3D Secure authentication requires an additional verification step during a credit card transaction.

Credit Cards 52

Credit Cards Process Payment Gateways 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). Stay prepared to address chargebacks and disputes promptly to maintain smooth operations and protect your business.

Accounts 52

Accounts Payment Gateways Gateways Payment APIs and Integration 52

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. Two-Factor Authentication (2FA).

Process 88

Process Security PCI DSS Encryption 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). Robust tools for dispute and chargeback management are also desirable.

Payment Service Provider (PSP) 88

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

M2P Fintech

DECEMBER 17, 2024

Key Features of a Merchant Management System Merchant Onboarding The onboarding process begins with merchants submitting applications along with required documentation for verification. Self-service capabilities enable merchants to update information, manage payment options, and resolve disputes independently.

Fraud Detection 52

Fraud Detection PCI DSS Disputes Settlement 52

Stax

APRIL 10, 2025

A SaaS company that handles sensitive customer data in the process of accepting online card payments must comply with stringent regulations like PCI DSS (Payment Card Industry Data Security Standard) and GDPR (General Data Protection Regulation).

Small Business 88

Small Business Wire Transfer BNPL ACH 88

Stax

JUNE 6, 2024

Test different aspects of the solution, such as invoice creation, report customization, payment reminders, and payment verification. You can ask for a demo before investing in the software to gauge its usability and ease of use. On top of automating your AR processes, the software should also provide various customization opinions.

Accounts 88

Accounts PCI DSS Online and Mobile Banking Automation 88

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. Chargeback Process (when customers dispute transactions) In some cases, cardholders may dispute a transaction, leading to a chargeback.

Debit Card 52

Debit Card Process PCI DSS Processors 52

EBizCharge

JUNE 4, 2024

Ensure the selected payment gateway complies with the Payment Card Industry Data Security Standards (PCI DSS) to protect your customers’ payment information. Adhering to PCI DSS and employing advanced security measures like encryption and role-based access helps mitigate the risk of fraud and ensure compliance.

Credit Cards 52

Credit Cards Process Payment Gateways Best Practices 52

Segpay

MARCH 10, 2025

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. Solution with Segpay: Built-In Compliance Tools Segpay is a fully PCI DSS Level 1-compliant payment processor, ensuring secure transactions.

Payment Gateways 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

EBizCharge

MAY 13, 2024

Increased fraud risks: Relying on manual data entry and verification opens the door to mistakes, which fraudsters can exploit to manipulate invoices, documents, or payment records. Dispute management can be automated by implementing software solutions that streamline the resolution process for billing discrepancies or disputes.

Automation 52

Automation Disputes Payments Process 52

Stax

MAY 7, 2024

Chargeback fees – Sometimes, a customer opens a transaction dispute and seeks a refund of their payment. PCI-compliance fees – Businesses running credit card transactions must be compliant with the Payment Card Industry Data Security Standard (PCI DSS). How do chargebacks affect processing fees?

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

EBizCharge

JUNE 28, 2024

It’s essential to check with legal counsel or financial advisors to align with the latest legal standards and avoid potential penalties or customer disputes. Provide excellent customer service support to address any questions about fees and assist in resolving disputes efficiently.

Credit Cards 52

Credit Cards Legal Debit Card Disputes 52

EBizCharge

JULY 2, 2024

For higher transaction amounts, they typically require a PIN or biometric verification, offering enhanced consumer protection. Compliance means adhering to industry standards and regulations, such as the Payment Card Industry Data Security Standards (PCI DSS) , ensuring that credit card data is handled safely.

Contactless Payments 52

Contactless Payments Payments Disputes Online and Mobile Banking 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. Chargeback When a cardholder disputes a transaction and requests a refund from their bank or card issuer, resulting in the reversal of the payment.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

Stax

JANUARY 10, 2024

PCI compliance fees. This fee helps payment processors maintain compliance with the latest Payment Card Industry Data Security Standard (PCI DSS) requirements for secure online transactions. If POS hardware is being offered as part of the merchant’s payment plan, it will also include the cost of hardware. Chargeback fees.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

Nanonets

MARCH 30, 2023

This results in increased convenience, fewer frustrations and disputes, and a more peaceful working environment. Positive Pay Files transmit a file of issued checks to corresponding banks daily, enabling verification of authorized payments.

Automation 52

Automation Transactions Wire Transfer ACH 52

Clearly Payments

NOVEMBER 18, 2024

Here are some other articles on chargeback management: How to Build a Chargeback Payments Team in your Company How to Win Chargeback Disputes What is a Good Credit Card Chargeback Rate for Merchants? Customer Support Specialists Responsibilities: Address disputes proactively by resolving customer concerns before they escalate to chargebacks.

PCI DSS 59

PCI DSS Address Verification System (AVS) Disputes Card Network Rules 59

EBizCharge

NOVEMBER 22, 2024

Previous invoice or order disputes: A dispute over a past invoice or order may trigger a temporary hold. Resolving disputes quickly is essential to lift the hold and prevent payment delays. Large payment hold: A large payment hold can happen when a substantial transaction is flagged for verification by card networks.

Credit Cards 52

Credit Cards Card Issuer Issuers Credit Limit 52

Stax

OCTOBER 14, 2024

Verify that the provider is PCI-DSS compliant to ensure that your customers’ data is protected according to industry standards. It should be noted that in addition to a $25 chargeback fee, Dharma also charges a $5 retrieval fee when a customer disputes a transaction. Dharma also can be used on Clover hardware.

Processors 88

Processors Small Business Payment APIs and Integration Payments 88