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

Stax

Ensure the gateway offers PCI DSS compliance, encryption, tokenization, and fraud prevention tools to safeguard transactions. Look for PCI DSS-compliant payment gateways that optimize the security of credit and debit card transactions. Learn More What is a Payment Gateway?

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The Ultimate Guide to Ecommerce Payment Solutions

Stax

Businesses using self-hosted gateways must handle data security measures and comply with industry standards like PCI DSS. For eCommerce payment systems, these measures include two-factor authentication, fraud filters, real-time transaction monitoring, card verification value, device fingerprinting, and address verification system.

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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. The Rise of Payment Tokenisation To address this growing threat, an additional and effective approach is gaining traction in B2B payments security: payment tokenisation.

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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.

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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. The company facilitates the transfer of information and funds between the customer’s bank and your business’ bank.

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Choosing the Right Payment Gateway for Your Specific Business Needs

My Payment Savvy

This tokenization keeps the sensitive card information off your servers, reducing the risk of a data breach and easing PCI DSS compliance. Your online payment gateway applies encryption, address verification, and fraud screening—all within seconds. Any hiccups risk abandoned carts and lost sales.

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What is Click to Pay and How Does It Work?

Stax

Once the customer does this, a one-time password (OTP) will be sent to the customers registered phone number or email address to verify their identity. Regulatory compliance All businesses that handle sensitive customer financial data are required to follow PCI DSS regulations, and Click to Pay is designed to be fully compliant.