Basis Theory

OCTOBER 1, 2024

Whether that is collecting credit card numbers to transmit with a payment gateway, placing details into a shared customer relationship management system, or storing card numbers in an encrypted database—all of this sensitive information must be protected according to the specifics of the PCI-DSS standard.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Segpay

JUNE 13, 2024

Recent cyberattacks on payment processors: The BitMark attack. PCI DSS compliance sets industry requirements that safeguard payment card data using encryption, firewalls, and regular security audits. The post Securing Financial Transactions: Best Practices Amidst Cyberattacks on Payment Processors appeared first on Segpay.

Best Practices 40

Best Practices Processors Transactions Security 40

Stax

SEPTEMBER 17, 2024

When looking for a payment gateway, make sure it easily integrates with your payment processor, offers transparent pricing, allows you to white-label the payment experience, and has great customer reviews. The gateways authorize the customer’s payment and encrypt the cardholder information. What Exactly Is a Payment Gateway?

Payment Gateways 88

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

EBizCharge

AUGUST 8, 2024

Security: Salesforce adheres to stringent security protocols, such as PCI compliance, multi-factor authentication (MFA), and advanced data encryption, to safeguard payment data. Encryption, fraud detection systems, and regular security audits protect business financial information and customer payment data.

Processors 52

Processors Payment Gateways Fraud Detection Encryption 52

Stax

SEPTEMBER 17, 2024

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

PCI DSS Credit Cards Compliance Process 88

Stax

MARCH 4, 2024

Safeguarding customer payment information requires secure processes during the collection, transmission, processing and storage of payment data and working with a trusted payment processor. It’s also critical to ensure card information is protected from data breaches with secure encryption and cybersecurity standards in place.

PCI DSS 88

PCI DSS Payment Security Security MFA 88

Payments Dive

MAY 14, 2018

Bluefin's PCI-validated P2PE solutions encrypt cardholder data at the point of interaction and are available to all merchants and processors utilizing the TNS network Don't let a data breach derail your business.

Data Breach 60

Data Breach Encryption Breach Processors 60

Stax

AUGUST 20, 2024

This is the first step of the process, and it is handled directly between the merchant and the payment processor. The payment processor will send a request for authentication to the customer’s card issuer. Solution : Ease the integration process by working with a knowledgeable payment processor and leveraging their support.

Authentication 88

Authentication Security Card Issuer Payment APIs and Integration 88

National Processing

JULY 3, 2023

In order to accept credit or debit card payments, merchants will need a payment gateway, which collects and encrypts all of the information their payment processor will need in order to facilitate the actual transfer of funds from the customer’s account to the merchant’s account.

Payment Gateways 68

Payment Gateways Gateways Debit Card Encryption 68

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

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. You can work with reputable payment processors like EBizCharge to ensure a seamless online payment experience that meets all your needs.

Credit Cards 52

Credit Cards ACH PCI DSS Payment Gateways 52

Payment Savvy

JULY 3, 2024

Security Measures in Debit Card Payment Processing Here’s a breakdown of security measures employed in debit card payment processing: Encryption Encryption involves converting sensitive information (debit card numbers and personal details) into a coded format that is unreadable without a unique decryption key.

Debit Card 52

Debit Card Process PCI DSS Processors 52

PYMNTS

MARCH 8, 2017

Through the partnership , Bluefin’s PCI-validated point-to-point encryption (P2PE) solution will be used to help expand the data security for companies utilizing FAC’s payment gateway. RM: FAC is the first payment processor to provide a PCI-validated P2PE solution to the LAC market through Bluefin’s decryption-as-a-service model, Decryptx.

Encryption 40

Encryption Data Breach Payment APIs and Integration Point-of-Sale (POS) 40

The Fintech Times

SEPTEMBER 24, 2024

“By automating risk assessments and ensuring encryption and secure data management, regtech not only reduces the chances of human error but also enables continuous monitoring for data breaches, thereby safeguarding privacy in an increasingly complex digital landscape. .”

Privacy 107

Privacy Compliance PCI DSS Rules 107

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

Choosing the payment processor and other items in your credit card processing tech stack will depend entirely upon your business model. Processor: An entity responsible for handling transaction data between the merchant, acquiring bank, and card networks. Card Network (e.g., These are also known as pass-through fees. per transaction.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

Clearly Payments

JANUARY 12, 2024

Contact the Payment Processor Notify your payment processor as soon as possible. Merchants should invest in secure payment processing systems, utilize encryption technologies, and comply with Payment Card Industry Data Security Standard (PCI DSS) requirements. Implementing robust security measures is another essential step.

Credit Cards 88

Credit Cards Law Enforcement Card Issuer PCI DSS 88

PYMNTS

NOVEMBER 10, 2020

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. PAAY provides strong authentication at the front door and Bluefin encrypts and tokenizes the data at the point of interaction on the web.

Transactions 93

Transactions Security Encryption CCPA 93

Clearly Payments

JANUARY 10, 2024

This involves marking up the fees they pay to payment processors and adding a surcharge for each transaction processed through their platform. Before Shopify started bundling payments, businesses could use any payment processor they want. Becoming a payment processor is a big commitment with quite a few barriers to entry.

Processors 88

Processors ISOs Embedded Finance Payments 88

Stax

OCTOBER 14, 2024

Hunting for a payment processor provider for your business shouldn’t be one of those things. Knowing what to look for and what to avoid can help take the fear out of finding the right payment processor , making the decision a lot easier. Understand the difficulties you may face with a processor’s pricing or support.

Processors 88

Processors Small Business Payment APIs and Integration Payments 88

EBizCharge

JULY 19, 2024

Lack of encryption Encryption is essential for protecting sensitive cardholder data during transmission over public networks. Standard PDF forms don’t typically offer end-to-end encryption for data in transit or at rest, making the sensitive information vulnerable to interception or unauthorized access by cybercriminals.

PCI DSS 52

PCI DSS Compliance Credit Cards Third-Party Service Provider 52

Stax

JULY 9, 2024

Advanced encryption techniques are used to protect sensitive data during transmission, ensuring that personal and financial information remains confidential. Compliance requires implementing robust security measures, such as encryption and authentication protocols, regularly auditing processes, and staying updated on regulatory changes.

Electronic Fund Transfer Act (EFTA) 88

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

Stax

JULY 16, 2024

When you partner with a payment processor, ensure they are PCI DSS compliant too. The best way to protect data as it is being transmitted over a network, especially one that is public and open, is to encrypt it. Encryption is a method that renders information useless to criminals when being transmitted.

PCI DSS 88

PCI DSS Compliance Credit Cards Encryption 88

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. Ensure the processor follows industry-standard security protocols like encryption and fraud prevention tools.

Embedded Payments 52

Embedded Payments Process PCI DSS Payments 52

Payment Savvy

DECEMBER 30, 2020

It’s why merchants must first consider the needs of their businesses before selecting a payment processor. You should choose a processor offering flexible options and keeps up with the changing technologies. If this is the case, consider shifting to a better processor. Even with the best processors, problems can still crop up.

Payment Solutions 52

Payment Solutions Business Payments Processors Payments 52

Stax

NOVEMBER 6, 2023

So, if you’re operating with older hardware that only accepts EMV chip cards and swiped credit and debit cards, it’s time to talk to your payment processor and enter the modern era. Some mobile card readers attach to modern smartphones or tablets to turn them into payment card processors, and some work on their own as separate devices.

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88

VISTA InfoSec

SEPTEMBER 14, 2023

companies must comply with GDPR regulations as either data controllers or data processors. Companies as Data Controllers & Processors GDPR Applicability: Contrary to certain U.S. Data Processor Classification: On the other hand, U.S. GDPR and U.S. Prompt restoration of data availability and access in the case of an incident.

Compliance 130

Compliance Privacy Processors Legal 130

CoinRemitter

AUGUST 29, 2024

While the transaction fees vary from currency to currency, it is the processing fee of this crypto payment processor that attracts merchants. Easy integration into the existing payment system: When it comes to integrating the crypto payment processor into the business, technical expertise is often required.

Payment APIs and Integration 45

Payment APIs and Integration Multi-Currency Cryptocurrency Gateways 45

Fi911

FEBRUARY 29, 2024

It is a comprehensive document containing the necessary details and configurations that payment processors use to accurately prepare a merchant’s system for accepting payments. This document, curated by the bank or payment processor, is typically provided to merchants through their payment system provider.

VARS 68

VARS Payment APIs and Integration Regulatory Compliance Gateways 68

BNG Payments

FEBRUARY 4, 2022

There are a number of benefits that accompany utilizing a payment processor and donation button with an online donation form on your website, namely an increased opportunity to accept larger donations and monetary gifts and the ability to attract more potential donors--even international donations. How does a Merchant Account work?

Credit Cards 52

Credit Cards Process Processors ACH 52

Payment Savvy

OCTOBER 8, 2024

For Businesses: If you’re a business looking to collect payments via direct debit, the setup process involves working with a payment processor or bank to handle the transactions on your behalf. Create a Mandate Form : Once you’ve chosen a payment processor, you must create a mandate form for your customers.

ACH 52

ACH Credit Cards ACH Network Authorization 52

PYMNTS

OCTOBER 17, 2018

Bluefin, the PCI-validated point-to-point encryption (P2PE) solutions company announced on Wednesday (Oct. The company’s cloud data protection platform provides tokenization, encryption and data vaulting as a unified software as a service for their enterprise customer base. ”

Data Security 62

Data Security Security Data Breach Encryption 62

PYMNTS

OCTOBER 26, 2016

Bluefin Payment Systems, a provider of PCI-validated point-to-point encryption (P2PE) solutions for retail, health care and higher education, announced Tuesday (Oct. Keyed, swiped, NFC and EMV data from point-of-sale systems is protected via PCI-validated controls and encryption.

PCI DSS 62

PCI DSS Encryption Gateways Processors 62

Clearly Payments

FEBRUARY 14, 2024

Payment Processors: These companies handle transaction authorization and settlement, ensuring smooth data exchange. Independent Sales Organizations (ISOs) and Payment Facilitators (PayFacs): These intermediaries connect merchants with acquirers and processors, generating significant revenue. These are not always large companies.

Payments 83

Payments BNPL Value Added Service ISOs 83

Stax

SEPTEMBER 17, 2024

sanctioned countries Security Features Highly secure with financial industry standards, encryption, and strict protocols Enhanced security with proof of identity required Best for Recurring bills, payroll, government transactions, B2B payments High-value transactions, urgent payments, international transfers What is ACH (Automated Clearing House)?

Wire Transfer 88

Wire Transfer Wires Wire ACH 88

EBizCharge

MAY 15, 2024

Here are some fundamental terms to understand: Merchant account Payment gateway Payment processor Acquirer Issuer Merchant account A merchant account is a specialized bank account that allows businesses to accept customer payments through credit cards and other electronic payment methods.

B2B 52

B2B Wire Transfer Payments Payment Gateways 52

CoinRemitter

MAY 29, 2024

Low Transaction Costs: Cryptocurrency’s blockchain replaces traditional payment processors, cutting out the middleman and reducing fees for transactions, making purchases cheaper than using regular currency. Encryption: Cryptocurrencies are protected by encryption.

Cryptocurrency 49

Cryptocurrency Central Bank Digital Currency Privacy 49