Stax

JULY 16, 2024

This is why PCI DSS compliance is critical. Compliance with PCI Data Security Standard regulations prevents shortcomings and vulnerabilities in payment processing, thereby reducing the risk of fraud, identity theft, and cyberattacks. The 12 PCI DSS requirements are meant to help companies achieve six main goals.

PCI DSS 88

PCI DSS Compliance Credit Cards Encryption 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 Credit Cards Compliance 130

VISTA InfoSec

OCTOBER 11, 2023

The Payment Card Industry Data Security Standard ( PCI DSS ) aims to prevent financial fraud by securing payment card data. In this process, you’ll come across key terms like PCI SAQ (Self-Assessment Questionnaire), AOC (Attestation of Compliance), and PCI ROC (Report on Compliance). Let’s focus on the ROC for now.

PCI DSS 130

PCI DSS Audit Compliance Assessments 130

Stax

JANUARY 23, 2025

The merchant underwriting process is a critical step that payment processors and financial institutions use to assess the risk associated with onboarding new businesses. Key steps include application review, risk assessment, credit checks, and compliance verification. Learn More What is Merchant Account Underwriting?

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

Cardfellow

MAY 3, 2025

The Self-Assessment Questionnaire (SAQ) is a series of yes or no questions about your security practices. Its the document you will need to submit to prove your compliance with PCI standards. If your business does not fall into the categories listed above, be sure to check the PCI DSS website for the full list of SAQ types.

Assessments 52

Assessments Processors Credit Cards Data Breach 52

Stax

APRIL 8, 2025

Since each player sets its own rates, credit card processing fees can vary based on your choice of credit card processing service provider, their fee structure, and the types of transactions you process. Interchange and assessment fees are set by card networks and are non-negotiable. This helps the processor recoup lost revenue.

Credit Cards 88

Credit Cards Process Processors Push-to-Card 88

Stax

JANUARY 21, 2025

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? This is to allow for refunds and chargebacks.

Payment Gateways 88

Payment Gateways Gateways PCI DSS Payment APIs and Integration 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. Failure to meet these standards could result in fines or bans as a merchant or service, rendering you unable to process payments or send payment data with the major networks.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Evolve Payment

NOVEMBER 19, 2024

Table of Contents PCI Compliance in a Nutshell PCI compliance, also known as the Payment Card Industry Data Security Standard , or PCI-DSS, is an important standard that major credit card companies like Visa and Mastercard have adopted to protect themselves and their merchants from the risks associated with exposed cardholder data.

PCI DSS 94

PCI DSS Compliance Processors Breach 94

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. Subscribe to regulatory updates or newsletters from relevant federal authorities, such as the PCI Security Standards Council (​​more on this later)​​. Enter the PCI DSS compliance.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Stax

MARCH 5, 2025

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. Consult with your current merchant services provider.

Credit Card Payment Processing 88

Credit Card Payment Processing Credit Cards Process Payment Gateways 88

Stax

NOVEMBER 21, 2024

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. Such a business will require a provider that supports international transactions.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

Stax

MARCH 11, 2025

This article will show all you need to know about online credit card processing and how you can select the best payment services provider for your needs. You will receive your payment in full, while the customer will repay the loan in interest-free installments (but there are associated fees) to the credit provider.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

Stax

MARCH 4, 2024

To stay ahead of fraud means merchants must understand the threats, use trusted and secure providers, and keep up to date on payment security trends. TL;DR The PCI DSS determines security protocols and sets the standards for payment security. As a Level 1 PCI Service Provider, Stax offers the highest level of PCI compliance.

PCI DSS 88

PCI DSS Payment Security Security MFA 88

Clearly Payments

FEBRUARY 23, 2024

They serve as the foundation for assessing the overall health and performance of a payments business. This metric is crucial for assessing the reliability and efficiency of the payment processing system. High customer satisfaction indicates a reliable and user-friendly payment processing service.

Processors 105

Processors PCI DSS Payments Volume 105

The Fintech Times

SEPTEMBER 24, 2024

“By automating risk assessments and ensuring encryption and secure data management, regtech not only reduces the chances of human error but also enables continuous monitoring for data breaches, thereby safeguarding privacy in an increasingly complex digital landscape.

Privacy 107

Privacy Compliance PCI DSS Rules 107

Stax

MAY 5, 2025

Features to Look for With Your Mobile Payment Gateway Integrations Assessing the features of prospective payment gateways for your mobile app will help you determine which payment gateway meets your needs. Some of these will be standard across providers but with some differences from brand to brand.

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration Multi-Currency 88

Stax

DECEMBER 27, 2023

In this blog, we’re going to explain how merchant accounts work in both eCommerce and offline settings and what businesses need to consider when selecting a merchant services provider. A merchant account refers to a business bank account that allows businesses to accept electronic payments for goods and services.

Accounts 88

Accounts Online and Mobile Banking Payment Gateways PCI DSS 88

EBizCharge

JANUARY 14, 2025

Evaluating payment gateway providers to understand key features, transaction fees, and user experiences will help you solidify more efficient online transactions and well-managed cash flow. Providers often offer these to showcase their services without commitment.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 52

Exact Payments

JANUARY 4, 2024

The Payment Card Industry Data Security Standard (PCI DSS) plays a crucial role in protecting cardholder data for businesses that accept credit card payments. As a business owner or professional, it’s essential to understand the importance of PCI compliance and its requirements.

PCI DSS 52

PCI DSS Compliance Audit Encryption 52

EBizCharge

JANUARY 16, 2025

MCCs serve a range of sectors, from retail outlet services to transportation services. They categorize beauty shops, service providers like furniture rental and repair, and other businesses. Fraud detection and risk assessment: MCCs assist fraud detection and risk assessment operations by flagging suspicious transactions.

Credit Cards 52

Credit Cards Processors PCI DSS Money Laundering 52

FICO

NOVEMBER 1, 2016

The requirements also mandate that organizations include these enhanced standards in their contracts with third-party service providers. The NYDFS requires data encryption not just for data in-transit but also for data at-rest. Annual certification.

Cybersecurity 81

Cybersecurity Regulations PCI DSS Data Encryption 81

Stax

JANUARY 22, 2024

Consider the following: Merchants are the sellers, businesses, or service providers seeking payment for their offerings. Only you can assess which option is the right one for your business. Digital payments only take a few seconds, but they flow through many different layers of partners and technology.

Payment Gateways 88

Payment Gateways Gateways Facilitators PCI DSS 88

Stax

APRIL 30, 2024

Merchant service providers ensure that all these entities work cohesively and make the end-to-end payment process hassle-free through the following steps. Highest level of PCI security compliance that keeps payment data secure. Not complying with the PCI can attract a fine of up to $500,000 per incident.

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

M2P Fintech

DECEMBER 17, 2024

A risk assessment follows, evaluating the merchants profile through credit checks and performance analysis, leading to application approval or rejection based on these findings. Clear communication channels are maintained between merchants and service providers to address transaction-related issues promptly.

Fraud Detection 52

Fraud Detection PCI DSS Disputes Risk Assessment 52

Stax

JANUARY 10, 2024

Credit card fees, including interchange, assessment, and payment processor fees, impact businesses on a per-transaction or recurring basis. The merchant service providers that a business is using to handle credit card payments play a key role in determining the size and structure of credit card fees.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

Clearly Payments

DECEMBER 2, 2024

Mobile or Remote Businesses: Service providers, food trucks, and pop-up shops benefit from mobile payment solutions that use card readers connected to smartphones or tablets. Assess Customer Preferences Understanding how your customers prefer to pay can help you choose the right solution.

Credit Cards 105

Credit Cards Payment Gateways Gateways Point-of-Sale (POS) 105

Stax

MAY 7, 2024

Also referred to as swipe fees, these are simply fees that the merchant pays to the credit card company or credit card service providers to accept the payment. Assessment fees usually make up a small percentage of the transaction amount. These fees also vary depending on the card network.

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

Ikajo

DECEMBER 18, 2023

In this article, we will comprehensively explore what is a white-label payment gateway, unravel its functionalities, advantages, and the dual impact it holds, benefitting both payment service providers and merchants worldwide. What is a payment gateway? The use of white-label payment gateways is widespread.

Payment Gateways 52

Payment Gateways Gateways PCI DSS Payments 52

Segpay

JANUARY 30, 2025

Yet, for all its transformative potential, AI companies struggle to partner with a secure payment service provider (PSP), because of regulatory concerns surrounding emerging technologies. The Intersection of AI and Financial Services Payment facilitators are key to accept and manage financial transactions.

Merchant Payment Processing 52

Merchant Payment Processing Processors AI Process 52

Clearly Payments

SEPTEMBER 13, 2024

Multi-Provider Integration: Payment orchestrators integrate with multiple payment service providers (PSPs), gateways, and acquiring banks, allowing merchants to access a broad range of payment methods and currencies. They also ensure compliance with industry standards like PCI DSS.

Payment APIs and Integration 104

Payment APIs and Integration Multi-Currency Payments Gateways 104

Exact Payments

JULY 12, 2024

With a PFaaS solution, payment processing fees, or merchant fees, are charged to merchants by the PFaaS provider in partnership with the SaaS provider. These fees are assessed every month via a merchant statement that lists out account activity and costs incurred. What Are Payment Processing Fees?

Assessments 52

Assessments Credit Cards PCI DSS Transactions 52

Payment Savvy

JULY 3, 2024

This occurs when the cardholder contacts their issuing bank to request a reversal of the transaction amount, typically due to fraud, unauthorized purchases, or dissatisfaction with the goods or services provided. PCI DSS Compliance This is the cornerstone of debit card security.

Debit Card 52

Debit Card Process PCI DSS Processors 52

EBizCharge

AUGUST 30, 2024

The fees associated with credit card processing typically consist of various costs, including transaction fees, interchange fees, and service provider fees, which can significantly impact a business’s bottom line. Assessment fees are a fixed percentage of each transaction and remain relatively stable compared to other fees.

Credit Cards 52

Credit Cards Processors Process Card Issuer 52

Stax

FEBRUARY 15, 2024

Now, there are two ways that a software service provider can become a payments provider. ISVs ensure software solutions meet standards like PCI DSS (Payment Card Industry Data Security Standard). ISVs create software platforms for various industries, including business management, healthcare, and finance.

ISVS 88

ISVS Facilitators ISOs Payment APIs and Integration 88

Clearly Payments

DECEMBER 5, 2023

The Definition of a Payment Processor A payment processor is a financial service provider that facilitates transactions between a seller (merchant) and a customer. ISOs (Independent Sales Organizations) or MSPs (Merchant Service Providers) ISOs, or Independent Sales Organizations , act as intermediaries between merchants and acquirers.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52