Tearsheet

JULY 1, 2024

Two-factor authentication, encryption and fraud detection are minimum requirements. As the first truly digital-native generation, Gen Z values the seamless integration of new payment methods that are embedded directly in the apps and platforms they already use, and that offer benefits in line with their financial habits.

BNPL 105

BNPL Online and Mobile Banking Encryption Payments 105

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

PYMNTS

AUGUST 9, 2017

But harnessing audio waves for payments purposes is easier said than done, because it’s not like developing an app. among other countries, have been working on audio payments for years. Security is going to be consumers’ first concern when they hear about this new payment method — as with any new payment method — and rightly so.

Consumer 80

Consumer Point-of-Sale (POS) Chip Cards CHIPS 80

Segpay

SEPTEMBER 24, 2024

An answer to our pain has been developing over the past few years through paying with bank payments or transactions. These alternate payment methods are growing in popularity. Where to Take Advantage of Pay by Bank Pay by bank is a very common form of payment in Europe and has been an option for years.

Accounts 105

Accounts Online and Mobile Banking Payments Authentication 105

The Fintech Times

NOVEMBER 20, 2024

Papa Johns customers in the UK can now enjoy an improved digital payments experience across its 400 locations nationwide – with the brand seeing a six per cent increase in acceptance rates for card transactions after working with Checkout.com. Papa Johns currently boasts a 98.1 per cent acceptance rate with Google Pay, and 97.9

Alternative Payment Methods 59

Alternative Payment Methods Payments Credential Encryption 59

Clearly Payments

DECEMBER 3, 2023

A good payment gateway can significantly impact the customer experience, conversion rates, and overall financial health of the business. Integration with Popular Payment Methods Credit Cards: Support for major credit cards is a must, but also consider emerging payment methods like digital wallets and buy now, pay later options.

Payment Gateways 105

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 105

Fintech Review

DECEMBER 3, 2024

Contactless cards also appeal to consumers seeking quick and hygienic payment options. Educating users about encryption and tokenisation can help address these concerns. The behavioural shift towards digital payments reflects broader changes in consumer expectations. Conversely, security concerns can deter adoption.

Payment Solutions 97

Payment Solutions Payments Contactless Payments Online and Mobile Banking 97

PYMNTS

SEPTEMBER 20, 2018

In individual company news, Global Payments said earlier in the week that its U.S. payments and payroll business, Heartland, has partnered with Ingenico Group to debut new payments hardware in the form of a terminal geared toward SMB customers.

SWIFT 63

SWIFT Mobile Payments PayPal Payments 63

EBizCharge

AUGUST 8, 2024

Flexibility: The agility and adaptability of Salesforce payment integrations means businesses can choose from various payment gateways and options tailored to their specific requirements. From credit cards to alternative payment methods like mobile wallets, companies can cater to a global customer base with diverse payment preferences.

Processors 52

Processors Payment Gateways Fraud Detection Encryption 52

Stax

JANUARY 15, 2024

TL;DR Credit card surcharging involves adding a fee to transactions with credit card payments, offsetting processing costs. It offers benefits, such as passing interchange fees to users, boosting profit margins, and encouraging alternative payment methods. Encouraging Alternative Payment Methods.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

PYMNTS

DECEMBER 20, 2016

The first data point — 61 percent — reflects the number of these respondents, ages 25 to 30, who would rather use payment cards instead of cash when buying items at unattended terminals. Keegan said that three biggest factors driving this payment preference are convenience, control and choice.

Retail Payments 43

Retail Payments Security Alternative Payment Methods Payments 43

Stax

JULY 9, 2024

In 2019, 77% of US consumers were using at least one type of digital payment system. What has grown more significantly is the number of electronic payments and alternative payment methods consumers now use. Digital payments incorporate robust security features to protect sensitive information and prevent fraud.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

Ikajo

DECEMBER 18, 2023

A payment gateway is a technology that facilitates a secure and seamless transfer of payment information between all parties involved in transaction processing. Acting as a virtual bridge, it encrypts sensitive data, such as credit card details, and ensures its secure transmission for authorization and processing.

Payment Gateways 52

Payment Gateways Gateways PCI DSS Payments 52

Segpay

FEBRUARY 24, 2025

Key Functions of a Payment Gateway: Encrypts and securely transmits payment data. Communicates with the issuing bank and payment processor. How It Works: The customer enters payment details on the merchants checkout page. The payment gateway encrypts the information and forwards it to the payment processor.

Payment Gateways 45

Payment Gateways Processors Gateways Payment Service Provider (PSP) 45

PYMNTS

MARCH 11, 2020

Stringent encryption protocols secure the data, he added, which means even hackers who manage to obtain customers’ cards cannot access their fingerprint information. Biometric cards are powered by small onboard batteries that recharge at contactless payment terminals, but many older terminals do not support this function.

Contactless Payments 52

Contactless Payments Payments Credit Cards Privacy 52

Payment Savvy

MAY 10, 2024

Shop Pay securely stores customers’ shipping and payment information for future use, eliminating the need for repetitive data entry. Customers can choose from various payment options supported by Shop Pay, including credit cards, debit cards, and alternative payment methods. Is Shop Pay Safe?

BNPL 52

BNPL Online and Mobile Banking Fraud Detection Credit Cards 52

Payment Savvy

NOVEMBER 14, 2022

Compared to a conventional paper check, it also has more security features, including authentication, digital signatures, public key cryptography, encryption, and many more. Some of the key security features used in the electronic check transaction process are: Advanced Encryption Standard. How Does an Electronic Check Work?

Checks 52

Checks Direct Deposit ACH Online and Mobile Banking 52

PYMNTS

JANUARY 2, 2017

He pointed out that encryption and tokenization solutions have been among the most effective approaches to keeping data safe in the world of IoT. Even if there is a data breach and someone is able to penetrate the network, they’re not going to be able to extract data that could then be used to commit payment fraud,” said Vanderhoof.

ACH 49

ACH Online and Mobile Banking Cross-Border Same Day ACH 49

The Payments Association

FEBRUARY 13, 2025

At the same time, the shift to cashless payments reduces cash handling, promoting digital transactions even in sectors traditionally reliant on physical currency, such as small businesses. Trust and security expectations : Biometric authentication and encryption strengthen consumer trust, enabling broader mobile payments adoption.

Consumer 100

Consumer Digital Payments Multi-Currency Mobile Payments 100

EBizCharge

JANUARY 8, 2025

Privacy concerns: Using digital methods often means sharing more personal info, which can lead to privacy concerns for some users. Traditional methods ask for less personal data, which many prefer. Its easy to see why traditional payments are still popular. Are Digital Wallets Safe? Yes, digital wallets are generally secure.

BNPL 52

BNPL Credit Cards Debit Card Encryption 52

EBizCharge

FEBRUARY 13, 2025

Ensuring the payment processor adheres to PCI Security Standards is crucial for protecting sensitive customer data from breaches and fraud. A payment processor for NetSuite should allow businesses to set up customer payment methods based on specific business requirements, such as supporting multiple currencies and merchant accounts.

Processors 52

Processors Payment Gateways Duplicate Disputes 52