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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 PCIDSS (Payment Card Industry Data Security Standard) before transferring the data to your payment processor.
B2B businesses tend to have longer payment terms with their clients and relationships usually focus on long-term, recurring business. The amount per transaction is often quite significant and as a result, there’s typically quite a bit of negotiation that goes into determining paymentamounts, terms, and cycles.
This amount can average between $20 and $100 or higher depending on the number of chargebacks the merchant gets. PCI-compliance fees – Businesses running credit card transactions must be compliant with the Payment Card Industry Data Security Standard (PCIDSS). For example, 2.1% + $0.10
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