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The Ultimate Guide to Online Payment Processing

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Encryption and transfer of payment information The payment gateway that underpins your checkout page will now encrypt the customers payment details as stipulated by industry data security regulations like PCI DSS (Payment Card Industry Data Security Standard) before transferring the data to your payment processor.

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What is Click to Pay and How Does It Work?

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Click to Pay is based upon global EMV Secure Remote Commerce (SRC) standards, which include security measures like tokenization , multi-factor authentication , and 3D Secure protocols. Multi-factor authentication Click to Pay is designed with 2FA (Two-factor authentication) from the ground up. It is also built to be super secure.

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A Big List of Payment Gateways

Clearly Payments

Braintree (now PayPal): Enables businesses to accept payments online (International). PCI DSS Compliance: Payment Card Industry Data Security Standard (PCI DSS) compliance is crucial for safeguarding cardholder data. BlueRush: Personalized customer experience platform with payment options (International).

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The Different Ways a Business Can Accept Credit Cards

Clearly Payments

Key Statistics Mobile payment solutions like Square and PayPal Here grew their user bases by 15% in 2023. Look for features like fraud detection , multi-currency support , and a smooth user interface. Growing E-Commerce Brand: An integrated online payment gateway with fraud protection and multi-currency support.

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Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

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Fraud prevention measures, such as tokenization and multi-factor authentication, add layers of security to verify transactions and protect against unauthorized use of payment credentials. Peer-to-peer digital payments Venmo, PayPal, and even Facebook Messenger are examples of peer-to-peer electronic payment solutions.

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What is a Payment Service Provider (PSP) and How Do They Work?

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Also, your PSP can help with currency conversions for international transactions if you have a global customer base. The best provider for you will be one that supports multiple currencies and lets you process transactions in the preferred local currency of your customers. They can save you money and help avoid headaches.

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What are Merchant Accounts and How Do They Work?

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Online Merchant Accounts Process payments for online businesses eCommerce websites, marketplaces, mobile apps Secure payments, fraud prevention, payment gateway integration PCI DSS compliance, multi-currency, recurring billing. PCI compliance. per transaction Online: 2.9% + $0.30 Scalability.