Remove Addressing Remove CRM Remove Data Security
article thumbnail

Beyond the Firewall: Rethinking Payment Data Security

Finextra

While enterprise systems like ERP and CRM often have strong security protocols, these systems don’t operate in a vacuum. Payment data is frequently copied, stored, and used across spreadsheets, shared drives, and supplier portals — far beyond the safety of core systems.

article thumbnail

The Ultimate Guide to Ecommerce Payment Solutions

Stax

Theyre easy to integrate and set up, with the host taking care of data security measures, including PCI compliance and fraud protection. Businesses using self-hosted gateways must handle data security measures and comply with industry standards like PCI DSS. But with more control comes great responsibility.

article thumbnail

What is a Payment Processing System and How Does It Work?

Stax

To address evolving customer demands and accept electronic payments, you need a payment processing system. You also have to manually reconcile payments with accounting, inventory, or customer relationship management (CRM) systems. As a business owner, you just cant afford to ignore these statistics.

Process 88
article thumbnail

Credit Card Processing for Small Business: Everything You Need to Know

Stax

It also ensures that data security best practices, particularly PCI DSS (Payment Card Industry Data Security Standards) requirements , are followed to the letter to prevent any breach or loss of sensitive customer data.

article thumbnail

Looking for the Best Payment Gateway? Here’s How to Choose the Right One

Stax

Consider the following security and compliance features when choosing a payment gateway: PCI DSS Compliance – The Payment Card Industry Data Security Standard (PCI DSS) is a set of rules and principles designed to keep payment card information safe and secure.

article thumbnail

How To Find the Best Payment Gateway for Your Business in 2025

EBizCharge

Overall, the payment gateway acts as a secure bridge that encrypts sensitive data, such as credit card details, to ensure the transaction is processed safely and efficiently. These integrations can include accounting, enterprise resource planning (ERP), customer relationship management (CRM), eCommerce platforms , and more.

article thumbnail

Choosing the Right Payment Gateway for Your Specific Business Needs

My Payment Savvy

It collects payment data, secures sensitive information, and connects all parties needed to move money from your customer’s bank to yours. Unlike payment processors, which handle backend money transfers, payment gateways focus on securely capturing payment methods. Any hiccups risk abandoned carts and lost sales.