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Payment Security: Everything You Need to Know About Secure Payments

Stax

To stay ahead of fraud means merchants must understand the threats, use trusted and secure providers, and keep up to date on payment security trends. So, let’s dive into payment security, touching on the basics of what you need to know to ensure secure payments.

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The Ultimate Guide to Online Payment Processing

Stax

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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Everything You Need To Know about Merchant Processing and How To Choose the Right Solution for Your Needs

Stax

Digital invoicing and payment collection links to simplify smartphone payments. Easy switch between POS and mobile payments using the Stax app. Highest level of PCI security compliance that keeps payment data secure. It’s also simple to integrate PayPal with your existing website.

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UK Payment Orchestrator BR-DGE Unleashes White-Label Modular Solution, Empowering Acquirers, Gateways & Platforms with New Competitive Strengths

Fintech Finance

Additionally, providers are seeking easier and quicker ways to stay on top of the compliance demands of regulations and standards such as PCI DSS, 3DS, and the forthcoming PSD3 amongst others. All transaction routing is via PCI DSS Level 1 encryption, and BR-DGE can provide routing-as-a-service as a standalone module.

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The Top Payment Methods For Small Businesses

Stax

The payment gateway will let you accept all forms of electronic payments, including credit cards, debit cards, eChecks, direct debit payments, and much more. Its role is to encrypt and securely transfer your customers payment data to your payment processor.

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

Stax

Digital payments incorporate robust security features to protect sensitive information and prevent fraud. Encryption techniques ensure that payment data is transmitted securely between parties, making it difficult for unauthorized individuals to intercept or access sensitive information.

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

Stax

Step 3: Authorization, settlement, and reconciliation The payment gateway software will now send your customer’s payment information to your PSP to verify, authorize, and settle the transaction. The provider must follow all industry security best practices including top-level encryption protocols and access controls.