Stax

MARCH 4, 2024

TL;DR The PCI DSS determines security protocols and sets the standards for payment security. Safeguarding customer payment information requires secure processes during the collection, transmission, processing and storage of payment data and working with a trusted payment processor. Q: How do I ensure online payment security?

PCI DSS 88

PCI DSS Payment Security Security MFA 88

Fintech Finance

MARCH 20, 2024

A platform that has been developed to ensure the secure transmission of sensitive payment card data, serving as a vital link between MeaWallet customers, payment processors and service providers. MeaWallet , a leading digital payments enabler specialising in card tokenization, today announces the launch of its global Mea Card Gateway.

PCI DSS 52

PCI DSS Gateways Security Push-to-Card 52

Clearly Payments

DECEMBER 5, 2023

This comprehensive guide aims to unravel the complexities and distinctions among three primary types of payment processors: Acquirers, Independent Sales Organizations (ISOs), and Aggregators. Here are examples of some of the top payment processors. Here’s also a list of the best payment processors.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

Fi911

MAY 7, 2024

Acquirers and processors within the Mastercard network routinely consult the TMF or MATCH List prior to onboarding a new merchant. Merchants may also be removed from the list if they were added for PCI-DSS noncompliance, but have since become compliant. For example, proving a mistake was made in the original TMF placement.

PCI DSS 84

PCI DSS Processors Compromise Identity Theft 84

Clearly Payments

SEPTEMBER 22, 2024

The MATCH (Member Alert to Control High-risk) list is a tool used by acquiring banks and payment processors to manage risk. Why Is the MATCH List Important for Payment Processors? Payment processors use the MATCH list to evaluate the risk associated with a potential merchant. What Is the MATCH List?

PCI DSS 76

PCI DSS Processors Credit Cards Non-Bank 76

Clearly Payments

MAY 2, 2024

Security and Compliance : The contract should detail the payment processor’s compliance with security standards, such as PCI DSS (Payment Card Industry Data Security Standard) , and outline your responsibilities in maintaining security. This compensates the processor for the anticipated revenue lost due to the early termination.

Process 99

Process PCI DSS Processors Payments 99

Segpay

JUNE 13, 2024

Recent cyberattacks on payment processors: The BitMark attack. Compliance with Industry Standards Your business should comply with industry bare minimums like Payment Card Industry Data Security Standard (PCI DSS). Over $150 million lost because of vulnerabilities in the online “hot wallets.” The Travelex ransomware attack.

Best Practices 40

Best Practices Processors Transactions Security 40

Stax

MARCH 15, 2024

Secure payment systems are easy to implement, as you use your payment processor to create a secure payment gateway. Compliance with these standards ensures that merchants and payment processors implement robust security measures to safeguard financial data.

Process 88

Process Security PCI DSS Encryption 88

Payment Savvy

JULY 3, 2024

PCI DSS Compliance This is the cornerstone of debit card security. The Payment Card Industry Data Security Standard (PCI DSS) outlines a set of comprehensive security requirements for merchants and payment processors. Processor fees: The payment processor charges these fees to facilitate the transaction.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Stax

JANUARY 22, 2024

Request Quote Payment Processing and the Payment Processor Ecosystem Before getting into the specifics, let’s take a moment to give ourselves a high-level view of online payment processing. Payment processors are the behind-the-scenes entities that handle the authorization, capture, and settlement of transactions.

Payment Gateways 88

Payment Gateways Gateways Facilitators PCI DSS 88

EBizCharge

MARCH 12, 2024

When a customer purchases on a merchant’s website, the payment gateway securely collects and transmits the payment information to the payment processor or acquiring bank for authorization. You can work with reputable payment processors like EBizCharge to ensure a seamless online payment experience that meets all your needs.

Credit Cards 52

Credit Cards ACH PCI DSS Payment Gateways 52

Clearly Payments

FEBRUARY 23, 2024

Top 10 Metrics for Payment Processors The top metrics for payment processors can vary depending on the specific goals and objectives of the business, but generally, the following are considered important: Transaction Volume : The total number of transactions processed through the payment processor.

Processors 91

Processors PCI DSS Payments Assessments 91

The Paypers

JANUARY 27, 2022

China-based UnionPay International (UPI) has announced a strategic commercial partnership with payment technology platform and PCI DSS Level 1 certified payment processor Bancstac.

PCI DSS 34

PCI DSS Processors Payments Technology 34

Stax

JUNE 4, 2024

TL;DR A payment processor is one of the most important components of your tech stack. Also, if you sell globally, you are better off using a payment processor that supports local payment methods in your target international markets. You want to look for a processor like Stax that offers 24/7 phone, email, and live chat support.

Process 88

Process PCI DSS Payment APIs and Integration Payments 88

The Fintech Times

SEPTEMBER 24, 2024

.” ‘Designed with compliance in mind’ Rokas Muraška, CSRO at PAYSTRAX “In today’s landscape, all service providers, whether regtech or otherwise, place a significant emphasis on security,” adds Rokas Muraška , chief security and risk officer at payment processor PAYSTRAX.

Privacy 107

Privacy Compliance PCI DSS Rules 107

Clearly Payments

JANUARY 12, 2024

Contact the Payment Processor Notify your payment processor as soon as possible. Merchants should invest in secure payment processing systems, utilize encryption technologies, and comply with Payment Card Industry Data Security Standard (PCI DSS) requirements.

Credit Cards 88

Credit Cards Law Enforcement Card Issuer PCI DSS 88

EBizCharge

AUGUST 8, 2024

For a more comprehensive payment experience, users can integrate with third-party processors that provide various tools and features to streamline payment operations. Now that you know some of the benefits of processing payments in Salesforce, it’s essential to understand the roles of payment gateways and payment processors.

Processors 52

Processors Payment Gateways Fraud Detection Encryption 52

Clearly Payments

APRIL 3, 2024

When a customer initiates a payment, the payment processor verifies the transaction details, such as the cardholder’s information and the availability of funds. Once verified, the processor authorizes the transaction and communicates this approval to both the merchant and the customer. Visa, Mastercard).

Process 45

Process Processors Online and Mobile Banking Payments 45

Stax

MAY 7, 2024

Credit card merchant fees are split between multiple key players- merchants, credit card networks, banks, and processors. Processor markup These are fees charged by the payment processor, which is the company that manages and facilitates credit card transactions. Processor markup fees are also known as merchant service fees.

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 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. What is PCI compliance? FAQs FAQs What happens if I’m not PCI compliant?

PCI DSS 52

PCI DSS Compliance Credit Cards Third-Party Service Provider 52

Payment Savvy

MAY 11, 2023

To do so, you will need to establish a merchant account with an acquiring bank or payment processor. Transaction processing: Visa transactions are processed electronically through the Visa network, which securely communicates with your acquiring bank or payment processor to authorize and settle transactions.

Rules 52

Rules PCI DSS Disputes Payment Networks 52

Stax

DECEMBER 20, 2023

Most processors will actually waive that fee if you tell them no, so don’t be afraid to speak up. Be sure you know if there is a date you need to provide an opt-out by if you end up switching processors, as well. They are a fixed credit card processing expense, and they’re the same for all processors.

Credit Cards 88

Credit Cards Small Business Process Security 88

EBizCharge

MAY 24, 2024

Here’s a step-by-step guide on how to integrate embedded payment processing directly into your Sage payment processing software: Choose your payment processing integration: Select a payment processor that integrates into Sage. Ensure the processor follows industry-standard security protocols like encryption and fraud prevention tools.

Embedded Payments 52

Embedded Payments Process PCI DSS Payments 52

Fintech News

FEBRUARY 21, 2024

How dedicated SaaS gives the flexibility to grow quickly in new payment areas Source: Freepik Dedicated SaaS enables banks, processors, and ambitious fintechs to transition from capital expenditure to operational expenses. This allows banks and processors to quickly configure unique products and services and release them to the market.

Payment APIs and Integration 105

Payment APIs and Integration PCI DSS Payments Compliance 105

EBizCharge

AUGUST 12, 2024

What’s the difference between acquirers, issuers, and payment processors? When navigating the realm of credit card processing, it’s crucial to distinguish between merchant acquirers (acquiring banks), card issuers, and payment processors, as each plays a distinct role in the card transaction ecosystem.

Credit Cards 52

Credit Cards Acquirers Process Debit Card 52

Stax

SEPTEMBER 17, 2024

Benefits of using a payment gateway include a simplified purchasing experience for customers, increased operational efficiency, and PCI compliance. It’s important to ensure that you are PCI compliant, even if you’re a smaller business. The payment processor interfaces with the customer’s card network (e.g,

Payment Gateways 88

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

EBizCharge

AUGUST 30, 2024

Merchants typically encounter three primary types of fees: interchange fees paid to the card issuers, assessment fees paid to credit card networks, and various payment processor fees that cover the services provided by merchant services providers. These fees vary depending on the payment processor and the merchant’s chosen service plan.

Credit Cards 52

Credit Cards Processors Process Card Issuer 52

Stax

JUNE 25, 2024

While previously many nonprofits only had the option to use payment processors like PayPal, Stripe, or Square, there’s been a shift towards independent software vendors (ISVs) that offer integrated payments. This means the entire donation process can be handled entirely on your own platform, improving conversions by minimizing friction.

Payment Solutions 88

Payment Solutions Payment APIs and Integration ISVS PCI DSS 88

Segpay

FEBRUARY 28, 2024

Segpay offers clarity, control, and price transparency that other processors can’t match. Watch for wide ranges up to 5%, letting processors apply the highest unpublished bands. per transaction, these fees originate from payment networks but disproportionately benefit processors. Transaction Fees Often $0.10 – $0.25

Processors 52

Processors IRS Push-to-Card Non-Bank 52

Cardfellow

OCTOBER 26, 2022

It also functions as a payment gateway that links your business and payment processors and has a built-in virtual terminal that enables you to accept credit card information by phone. The processor will set pricing for your accepted transactions. These costs are in addition to processing fees from a separate credit card processor.

PCI DSS 52

PCI DSS Credit Cards Payment APIs and Integration Gateways 52

The Payments Association

OCTOBER 4, 2024

Key regulations such as the Payment Card Industry Data Security Standard (PCI DSS), General Data Protection Regulation (GDPR), and the revised Payment Services Directive (PSD2) and upcoming PSD3 in the European Union provide consumer confidence but give the industry a lot to think about.

Cross-Border Payments 88

Cross-Border Payments Online and Mobile Banking Cross-Border Alternative Payment Methods 88

Stax

FEBRUARY 26, 2024

Role of payment gateways and processors Payment gateways and processors act as the backbone of recurring payments. Keeping track of various state and country laws can be tough, so choosing a payment processor that ensures compliance is key to addressing this challenge.

Best Practices 88

Best Practices Payment APIs and Integration Payment Gateways Payments 88

Stax

APRIL 11, 2024

Robust security measures: Any PMS worth its salt needs to have standard security features like encryption, fraud detection and compliance with industry standards, including the PCI DSS. Payment gateways securely process online payments, acting as a bridge between your website and the payment processor.

Payments 88

Payments PCI DSS Compliance Processors 88

Payment Savvy

OCTOBER 27, 2020

Tokenization is most commonly available via PCI-DSS Level 1 processors. It’s important to ask if you have the ability to retrieve your tokens if switching to another payment processor or gateway. Tokenization denies access to account details. Tokenization, in many ways, imitates the use of tokens in an arcade hall.

PCI DSS 52

PCI DSS Gateways Payment Gateways Processors 52

Stax

OCTOBER 14, 2024

Hunting for a payment processor provider for your business shouldn’t be one of those things. Knowing what to look for and what to avoid can help take the fear out of finding the right payment processor , making the decision a lot easier. Understand the difficulties you may face with a processor’s pricing or support.

Processors 88

Processors Small Business Payment APIs and Integration Payments 88

VISTA InfoSec

NOVEMBER 9, 2023

In the world of digital transactions, businesses handling payment cards must demonstrate their data security measures through the Payment Card Industry Self-Assessment Questionnaire (PCI SAQ). Completing the SAQ is a key step in the PCI DSS assessment process, followed by an Attestation of Compliance (AoC) to confirm accuracy.

PCI DSS 130

PCI DSS Assessments Compliance Credit Cards 130

Clearly Payments

FEBRUARY 7, 2024

Switching to a low cost payment processor like Clearly Payments will make a big difference. Last but not least, keeping an eye on payment processing metrics helps merchants stay compliant with industry regulations and standards, such as PCI DSS compliance and PSD2 requirements.

Process 81

Process PCI DSS Processing Costs Settlement 81