Remove Encryption Remove Payment Gateways Remove Point-of-Sale (POS)
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What is a Payment Gateway and How Does It Work?

Stax

A payment gateway is a must-have for online stores. In fact, research from 2023 shows that 69% of Americans said they’ve used a digital payment method in the past 3 months when making a purchase. And the best way for online businesses to start accepting payments is with a payment gateway.

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Would My Business Benefit From Using A Contactless Virtual Terminal?

Stax

Because the transaction takes place through a payment gateway that utilizes data encryption or tokenization to secure sensitive information during transmission, accepting payments using a virtual terminal from Stax (which is PCI compliant) is secure. How Does a Contactless Virtual Terminal Work?

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What is Payment Processing?

Clearly Payments

Transaction Initiation Customer Payment: The process begins when a customer makes a payment using a credit/debit card or other payment methods at a merchant’s point of sale (POS) system or online checkout. Visa, Mastercard). This usually occurs within a few days.

Process 45
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Everything You Need to Know About PCI Compliance for Credit Card Processing

Stax

Protect Stored Cardholder Data Organizations must protect stored cardholder data and other credit card information using encryption, masking, hashing, or other methods to make the data unreadable to unauthorized individuals. Additionally, sensitive authentication data must never be stored after authorization, even if encrypted.

PCI DSS 88
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Bluefin Boosts Payment Encryption Within The LAC Market

PYMNTS

7), Bluefin Payment Systems announced its new partnership with international online payments and fraud and data management solutions provider First Atlantic Commerce (FAC). And in order to devalue their card data in the POS and make it useless to hackers, all merchants worldwide need technologies such as PCI-validated P2PE.

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What is an Online Terminal and Why Do Merchants Need One?

Stax

Integration with Payment Gateways: The terminal connects to multiple payment gateways, which are services that authorize and process payments. This connection enables the business to accept payments from different financial networks and countries. See to it that you have all your security bases covered.

PCI DSS 88
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Understanding Credit Card Processing Fees for Merchants: How Much Does Processing Credit Cards Cost?

Stax

Payment Gateway: A service provider that facilitates communication between the merchant’s POS system and the acquiring bank’s payment processing system. The steps to process a credit card transaction Step 1: Authorization Request The process initiates when a customer presents their credit card for payment.