Basis Theory

JANUARY 4, 2024

Merchants are said to be ‘vaulting payments’ when they contract with a partner, which stores sensitive cardholder data securely and provides the merchant with an undecryptable token string.

PCI DSS 88

PCI DSS Payments Data Security Compliance 88

Stax

MARCH 4, 2024

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. Q: How do I ensure online payment security?

PCI DSS 88

PCI DSS Payment Security Security MFA 88

Stax

MAY 6, 2024

However, the last thing you want to do is neglect data security. Having a secure platform for managing customer and payment data is paramount to building and maintaining trust, and you can’t do that with poor systems and practices. Learn More What is PCI compliance? Is the data tokenized appropriately?

Data Security 88

Data Security PCI DSS ISVS Compliance 88

Fintech Finance

MARCH 20, 2024

By providing a seamless and secure bridge, it simplifies the integration of payment processing across diverse platforms, reducing complexity and costs for businesses. It not only democratises access to payment card data but also levels the playing field for businesses of all sizes.

PCI DSS 52

PCI DSS Gateways Security Push-to-Card 52

Clearly Payments

JUNE 3, 2024

Tokenization in payments is a security process that transforms sensitive payment data, such as credit card numbers, into a unique string of characters called a token. This token acts as a stand-in for the original data, rendering it useless to anyone who might intercept it. What is Tokenization?

PCI DSS 59

PCI DSS Payment Gateways Gateways Payments 59

The Nilson Report

APRIL 22, 2024

The post TokenEx In-Person Payments Unifies Payment Data Across All Channels appeared first on Nilson Report.

Payments Data 52

Payments Data Payments Posting PCI DSS 52

Stax

MARCH 15, 2024

The primary security standards that payment systems typically adhere to include: Payment Card Industry Data Security Standard (PCI DSS): PCI DSS sets forth requirements for securing payment card data, including encryption, access control, network monitoring, and regular security testing.

Process 88

Process Security PCI DSS Encryption 88

EBizCharge

JULY 19, 2024

This article will explore five reasons why using PDF forms for payment collection doesn’t meet PCI DSS requirements, highlighting the risks and security gaps inherent in this method. By understanding these pitfalls, businesses can take proactive steps to adopt more secure payment processing solutions.

PCI DSS 52

PCI DSS Compliance Credit Cards Third-Party Service Provider 52

Stax

MARCH 26, 2024

This connection enables the business to accept payments from different financial networks and countries. Secure Transactions: Online terminals incorporate security protocols like SSL encryption, tokenization, and Payment Card Industry Data Security Standards (PCI DSS) compliance.

PCI DSS 88

PCI DSS Encryption Payment Gateways Disputes 88

EBizCharge

MARCH 12, 2024

Therefore, merchants should offer popular payment options that provide consumers flexibility and robust security features to protect sensitive data. For this, look for payment providers that are compliant with relevant regulations and standards, like the Payment Card Industry Data Security Standard (PCI DSS).

Credit Cards 52

Credit Cards ACH PCI DSS Payment Gateways 52

Stax

JUNE 4, 2024

Security features Your payment services provider must be PCI-DSS compliant as a bare minimum requirement, and it should have other robust security features that are standard practice in your industry niche. Step 3: Backup your existing payment data We all hope for a hitch-free data transfer, but that’s not always the case.

Process 88

Process PCI DSS Payment APIs and Integration Payments 88

PYMNTS

OCTOBER 5, 2020

Hackers often try to intercept the data as it travels between entities, attempting to breach retailers’ or their payment providers’ systems to obtain stored cardholder details. PCI DSS is intended to help combat this by instructing merchants on safeguarding the transactional steps in which they are involved.

Data Breach 82

Data Breach Breach PCI DSS Compliance 82

Stax

MARCH 6, 2024

An automated dunning process can help mitigate payment failures by notifying customers of issues and prompting them to take action, thereby minimizing revenue loss and maintaining customer relationships. These standards ensure that customer payment information is handled securely and that transactions meet legal requirements.

Best Practices 88

Best Practices PCI DSS Payment Gateways Gateways 88

Stax

AUGUST 29, 2024

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.

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking 88

EBizCharge

MAY 24, 2024

Enhanced security and compliance Embedded payment systems typically come equipped with advanced security measures that align with the highest compliance standards. Most embedded Sage payment solutions adhere to strict regulations, including PCI-DSS compliance and Secure Sockets Layer/ Transport Layer Security (SSL/TLS) protocols.

Embedded Payments 52

Embedded Payments Process PCI DSS Payments 52

Clearly Payments

FEBRUARY 23, 2024

Security and Compliance Metrics : Metrics related to security measures and compliance with industry standards and regulations (such as PCI DSS compliance ). Ensuring robust security measures protect sensitive payment data and maintain regulatory compliance.

Processors 105

Processors PCI DSS Payments Assessments 105

The Paypers

APRIL 17, 2017

(The Paypers) Celerant Technology has received PCI QIR Certification, ensuring that ensures every POS implementation complies with PCI DSS Compliance Standards to protect against payment data breaches.

PCI DSS 28

PCI DSS Breach Addressing Technology 28

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

Payment Savvy

JANUARY 27, 2021

If your customers cannot trust you’ll keep their online payments safe, they’ll have no reason to support your business. Here are three ways you can keep customer online payments safe. Store Customer Payment Data Safely. Not surprisingly, this fact is the reason for the hefty regulations on consumer data privacy.

Security 52

Security PCI DSS Encryption Payments 52

Ikajo

NOVEMBER 22, 2023

Risk mitigation Given that PayFacs handle the most sensitive information of customers – their payment data – they must keep it secure and detect unauthorized transactions. Look into their payment fraud prevention measures, including data encryption, anti-fraud filters, and adherence to PCI DSS.

Facilitators 52

Facilitators Payment APIs and Integration PCI DSS Payments 52

Segpay

APRIL 22, 2024

As a result, merchants and PSPs can reduce their liability and safeguard their businesses against potential legal and regulatory consequences arising from data breaches. PCI Compliance. Tokenization also makes it easier and more cost-effective for businesses to comply with PCI DSS.

Data Breach 52

Data Breach Risk Online and Mobile Banking PCI DSS 52

Stax

FEBRUARY 28, 2024

Fraud prevention As the provider of payment processing services, your company faces a lot of liability if customers experience a leak of sensitive data, such as credit card details or personal information. This gives both you and your customers confidence that data breaches can be avoided.

Payment APIs and Integration 88

Payment APIs and Integration Automation PCI DSS Fraud Prevention 88

Stax

SEPTEMBER 17, 2024

It’s also the software in your POS system or card readers that processes the customer’s payment data in a brick-and-mortar setting. The job of the payment gateway is to capture payment info securely, make sure that adequate funds are available in the customer’s account, and get the merchant paid.

Payment Gateways 88

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

EBizCharge

JUNE 3, 2024

Analytics can be used to forecast trends, identify payment issues, and optimize the payment process. It’s essential to ensure that financial reports accurately reflect payment data for better financial planning and asset management.

Process 52

Process Payment APIs and Integration Payments Disputes 52

EBizCharge

APRIL 26, 2024

These regulations include the Payment Card Industry Data Security Standard (PCI DSS) and the Generally Accepted Accounting Principles (GAAP). It also offers recurring billing options, so businesses can set up automatic payments for regular or subscription-based services, further streamlining the AR process.

Accounts 52

Accounts Best Practices Disputes Procedures 52

Stax

JULY 9, 2024

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.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

EBizCharge

MAY 13, 2024

Compliance and security: Automation solutions come designed with compliance and security at their core, adhering to payment standards like the Payment Card Industry Data Security Standard (PCI DSS). Automation tools can synchronize and post all payment data to your ERP in real time.

Automation 52

Automation Disputes Payments Process 52

Stax

APRIL 18, 2024

Ensure that your chosen payment processing solution complies with industry standards and regulations, such as the Payment Card Industry Data Security Standard (PCI DSS) and takes EMV chip cards.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Mobile Payments 88

EBizCharge

MAY 14, 2024

Regulatory compliance Automated billing systems are designed with built-in features and functionalities that ensure compliance with relevant laws, regulations, and industry standards governing billing practices, such as data privacy regulations, tax laws, and consumer protection statutes.

Automation 52

Automation Payment APIs and Integration Best Practices Online and Mobile Banking 52

Stax

NOVEMBER 6, 2023

Payment tokenization is a subset of data tokenization where tokens replace confidential payment data such as customer credit card information. With payment tokenization, the actual credit card data isn’t stored thereby making digital payment transactions more secure.

Encryption 88

Encryption PCI DSS Data Security Origination 88

Stax

MARCH 14, 2024

Security and compliance Ensure that the payments platform prioritizes security and compliance with industry standards such as PCI DSS (Payment Card Industry Data Security Standard). Its time payments software was streamlined, scalable, and secure for big and small businesses alike.

B2B 88

B2B Process B2C Credit Cards 88

Fi911

MARCH 26, 2024

This system then generates a unique token that represents the customer’s original payment data. The intricacy of the algorithm ensures that each token is unique and cannot be reverse-engineered to reveal the actual payment details. It simplifies compliance with PCI-DSS requirements for merchants.

PCI DSS 88

PCI DSS Encryption Origination Data Security 88

Fintech Finance

JULY 10, 2024

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.

Gateways 52

Gateways PCI DSS Acquirers Value Added Service 52

Nanonets

SEPTEMBER 21, 2023

Your  EDI payment software  should offer robust security features to protect sensitive payment data from breaches or unauthorized access. Make sure to choose software that complies with industry standards such as PCI DSS. Security:  One of the most critical factors to consider is security.

Payment Solutions 52

Payment Solutions Payee Payments Payer 52

EBizCharge

MAY 20, 2024

Saved cards To further enhance the customer experience and expedite future payments, NetSuite allows customers to securely save their credit card information within their customer records. Saved cards can facilitate smoother, faster payments and improve customer loyalty.

Process 52

Process PCI DSS Processors Payment APIs and Integration 52

Stax

APRIL 30, 2024

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. Not complying with the PCI can attract a fine of up to $500,000 per incident.

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

Payment Savvy

NOVEMBER 11, 2020

How to Define a Payment Gateway. One can define a payment gateway as the technology capturing and transferring online payment data from the customer to the acquiring bank account. In essence, it is a payment highway. Safety: PCI DSS Compliance Level. We have enumerated some of them below!

Payment Gateways 52

Payment Gateways Gateways PCI DSS Credit Cards 52