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It also ensures that data security best practices, particularly PCIDSS (Payment Card Industry Data Security Standards) requirements , are followed to the letter to prevent any breach or loss of sensitive customer data. This means you pay the applicable rate for the tier your volume of transactions falls under for a particular month.
Valeri Vanourek, vice president of digital payments at Discover® Global Network Valeri, please share your perspectives on the latest trends and innovations in the payments industry Digital e-commerce volumes continue to grow, alongside the shift to mobile and digital wallets. Network tokens and stored payment token usage are also on the rise.
Depending on your payment volumes, you may be able to access enterprise-level pricing that is fully customizable to your needs, i.e. whether you plan on processing multiple currencies. To add an extra layer of security, implement strong password policies and multifactorauthentication for user access. Data security and privacy.
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