Stax

JANUARY 21, 2025

Ensure the gateway offers PCI DSS compliance, encryption, tokenization, and fraud prevention tools to safeguard transactions. In turn, the payment processor ensures a seamless transfer of the information between the merchant, issuing bank, and customer. Learn More What is a Payment Gateway? This is known as the settlement time.

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration PCI DSS 88

Basis Theory

OCTOBER 1, 2024

Today, the framework introduced in the early 2000s outlines 12 PCI requirements that merchants must satisfy to process credit card transactions on the card networks. Nearly 20 years later, with more than 300 requirements and sub-requirements, PCI DSS continues evolving. Return to Top Who needs to be PCI compliant?

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Stax

SEPTEMBER 17, 2024

TL;DR PCI compliance is essential because it helps prevent data breaches, ultimately cultivating customer trust. There are 12 requirements under PCI DSS, divided into six major categories. What is PCI Compliance? PCI DSS stands for “Payment Card Industry Data Security Standards.”

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Stax

JANUARY 15, 2024

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Interchange fees are fees your bank (acquirer) pays to the cardholder’s bank (issuer) in a credit card transaction. Enter the PCI DSS compliance. Interchange fee management.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Stax

NOVEMBER 21, 2024

A study by the Federal Reserve Bank of San Francisco showed that credit cards account for 31% of all payments, significantly more than cash at 18%, and debit cards at 29%. The company facilitates the transfer of information and funds between the customer’s bank and your business’ bank.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

Stax

MARCH 5, 2025

The payment processor is a financial institution that handles transactions between the two banks. To choose the right solution, you need to look at various factors when evaluating potential providers, including supported payment types, transaction fees and pricing structures, payout speed, and PCI DSS compliance.

Credit Card Payment Processing 88

Credit Card Payment Processing Credit Cards Process Payment Gateways 88

EBizCharge

JANUARY 16, 2025

Determining interchange fees: Interchange fees are costs paid between banks for accepting card-based transactions. Fraud detection and risk assessment: MCCs assist fraud detection and risk assessment operations by flagging suspicious transactions. MCCs play a role in setting these fees. MCCs help enforce these restrictions.

Credit Cards 52

Credit Cards Processors PCI DSS Fraud Detection 52

Stax

MAY 7, 2024

Credit card merchant fees are split between multiple key players- merchants, credit card networks, banks, and processors. Interchange fees are set by credit card issuers, such as Bank of America, Citi, or Chase, and are adjusted every year in April and October. to 2.9%) while the non-qualified is the highest.

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

Stax

APRIL 11, 2024

Your PMS is a central hub to manage payment requests and store banking information (like your routing and bank account number for ACH payments ). 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.

Payments 88

Payments PCI DSS Compliance Processors 88

Clearly Payments

JULY 11, 2024

The Complexity of Payment Processing The payment processing value chain has multiple participants and steps, including the merchant, the customer, the acquiring bank , the issuing bank , and the payment processor. Assessment Fees: Charged by card networks (e.g., Visa, MasterCard) for using their network. per transaction.

Process 52

Process PCI DSS Processors Non-Bank 52

Stax

DECEMBER 20, 2023

Avoid Non-Mandatory Contracts No one likes to be stuck in a contract, from cell phone contracts to credit card processing contracts. Learn where your money goes by looking up interchange and assessment fees. Assessments are also a series of rates and fees charged by Visa and MasterCard, and they are the same across the board.

Credit Cards 88

Credit Cards Small Business Process Security 88

EBizCharge

APRIL 24, 2025

Increased security and compliance: Reputable Salesforce payment integrations are designed with strong security protocols and compliance with Payment Card Industry Data Security Standards (PCI DSS). Continuous assessments of your payment integrations are necessary to ensure they run to their fullest capacity.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Payments 52

EBizCharge

MAY 20, 2024

The saved card feature follows Payment Card Industry Data Security Standards (PCI DSS) to ensure data security while offering a convenient option for customers who prefer to use the same payment method for recurring transactions. These solutions can be categorized as certified and non-certified solutions.

Process 52

Process PCI DSS Processors Payment APIs and Integration 52

Exact Payments

SEPTEMBER 25, 2023

We’ve found that the real challenge for most non-payment companies isn’t grasping the PayFac model’s many benefits — it’s knowing what it takes to become a PayFac. Step 2: Partner With Financial Institutions You’ve conducted your assessment, and you’re ready to go the PayFac route. What you may not know, though, is how to get started.

PCI DSS 52

PCI DSS OFAC Facilitators Payment Gateways 52

Exact Payments

JULY 12, 2024

These fees are assessed every month via a merchant statement that lists out account activity and costs incurred. Dues and Assessment fees Assessment fees, also known as dues and assessments or just assessments, are a set of fees paid to the card network. What Are Payment Processing Fees?

Assessments 52

Assessments Credit Cards PCI DSS Transactions 52

Stax

JANUARY 8, 2024

Broadly, these can be classified into the following categories: Compliance risks Potential risks that may arise from non-adherence to any card brand or governmental regulations come under this category. However, you must ensure that all systems comply with security standards such as PCI DSS.

Risk Management 88

Risk Management Risk Money Laundering Mitigation 88

Ikajo

DECEMBER 18, 2023

On the one hand, existing payment service providers can switch to a white-label payment gateway from their own payment solution if they feel it can no longer cover their needs regarding high transaction load, modern payment features, lack of integrated banks and payment providers, etc.

Payment Gateways 52

Payment Gateways Gateways PCI DSS Payments 52

EBizCharge

APRIL 22, 2025

PCI compliance and security Integrated payment gateways typically come with built-in security features such as full compliance with Payment Card Industry Data Security Standards (PCI DSS) , tokenization, and encrypted data transmission.

Payment APIs and Integration 52

Payment APIs and Integration Payment Gateways Gateways Payments 52

Segpay

JANUARY 30, 2025

Payment processors, PSPs, acquiring banks and payment gateways operate under strict regulations. High-Risk Classification: A Core Concern Regulators and card schemes classify businesses based on perceived risk, assessing the likelihood of chargebacks, fraud, and other liabilities.

Merchant Payment Processing 52

Merchant Payment Processing Processors AI Process 52

Segpay

MARCH 10, 2025

Moreover, these gateways support various payment methods, including credit and debit cards, e-wallets, and bank transfers, making it convenient for gamers to choose their preferred options. Transaction Authorization: The processor communicates with the player’s bank or payment provider to verify and approve the transaction.

Payment Gateways 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

Evolve Payment

NOVEMBER 21, 2022

There are three different types of payment integration systems : Your business is running transactions as non-integrated payments if your point-of-sale (POS) system doesn’t ‘talk’ to your payment processor through card readers. Somewhere between non-integrated and fully-integrated payments is a broad category called semi-integrated payments.

Process 52

Process Processors Credit Cards PCI DSS 52

EBizCharge

JUNE 4, 2024

Security and compliance are non-negotiable when dealing with credit card processing. Ensure the selected payment gateway complies with the Payment Card Industry Data Security Standards (PCI DSS) to protect your customers’ payment information. Security and compliance.

Credit Cards 52

Credit Cards Process Payment Gateways Best Practices 52

Payment Savvy

MAY 10, 2024

This powerful technology bridges the gap between your bank accounts and various digital financial tools. Plaid is a financial technology company that specializes in securely exchanging financial data between banks and third-party applications. The process begins when Venmo prompts you to input your online banking username and password.

Payment APIs and Integration 52

Payment APIs and Integration Venmo Privacy Credential 52

EBizCharge

MAY 2, 2024

Level of security When considering a no fee credit card processing solution, it’s imperative to assess the security protocols they have in place. Secure data handling, encryption standards, and protection against credit card fraud are non-negotiable.

Credit Cards 52

Credit Cards Process Processors Legal 52

Nanonets

AUGUST 21, 2023

The software creates payment files for various payment methods like ACH, virtual cards, and checks and sends them to the bank or payment processor. Moreover, the software can be programmed to comply with various international, national, or industry-specific regulations, reducing the risk of non-compliance.

B2B 52

B2B Automation Payment APIs and Integration Payments 52

Segpay

FEBRUARY 28, 2024

Processing Fees Interchange fees, assessment fees, and merchant service charges – whatever the label, processing charges extract a piece of every transaction. Per the Forbes Advisor , rates range from 1.5% – 3%+ based on card type, with volume tiers and qualified vs non-qualified categories. The IRS Mandate.

Processors 52

Processors IRS Push-to-Card Non-Bank 52

EBizCharge

MAY 12, 2025

Encryption protocols safeguard payment details, like credit card numbers and bank account information, adding a robust layer of security. Tokenization Tokenization is a security measure that replaces sensitive payment information with non-sensitive tokens. Software developers often release patches to address known weaknesses.

Process 52

Process Security Payment Gateways Encryption 52