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DECTA: Improving Payment Acceptance Rates for Urbo Bank and Through New EMV 3DS Certification

The Fintech Times

It has been a busy first month of the year for the certified payment technology provider, DECTA as it announces a new partnership with Urbo Bank and achieves an EMV 3DS 2.3.1.1 ” EMV 3DS 2.3.1.1 protocol The EMV 3DS 2.3.1.1 Certification.

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Everything You Need to Know About Credit Card Processing

Stax

EMV Smart Terminal Physical credit card processing terminals are great for businesses with brick-and-mortar locations to take in-person payments in-store. An important thing to remember is to make sure whatever machine you decide to purchase comes with full EMV and NFC technology enabled.

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The Most Common Types of Contactless Payment Methods and How They Work

Stax

The system generates a one-time encrypted code for each transaction, preventing fraudsters from stealing payment data. These 7 contactless payment methods come with built-in security features like encryption, tokenization, and proximity-based protection. In short: contactless credit and debit cards have built-in EMV and NFC chips.

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Credit Card Payment Integration: How to Integrate Payments into Your Website and Point of Sale

Stax

TL;DR Online payments rely on API or hosted gateways with encryption and fraud detection, while in-store transactions require POS hardware with EMV chip technology and NFC capabilities. For enhanced security, it uses EMV (Europay, Mastercard, and Visa) chip technology and contactless payments, like Apple Pay and Google Pay.

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The Anatomy of a Credit Card Transaction

Clearly Payments

Merchant Sends Transaction Request : The merchant’s POS system or online payment gateway encrypts and transmits the transaction data to the acquiring bank or payment processor. Authentication 0.5 – 2 seconds Verification of cardholder identity via EMV, biometrics, or token. Final Confirmation 0.5

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Point-to-point encryption may pick up EMV's slack

Payments Source

EMV is strictly an anti-counterfeiting measure that leaves several elements of the payment process untouched, and fraudsters are exploiting these gaps.

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Chargebacks Have Merchants Scared Straight (To EMV)

PYMNTS

The EMV liability shift just hit the six-month mark , the force of mobile continues to strengthen, and industry players are shape-shifting their business models all while authenticating consumers just keeps getting more complex – and that’s the tip of the iceberg. Merchants have a lot going on these days. “I think that before Oct.

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