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PCI Compliance for Banking Professionals

Fi911

The Payment Card Industry Data Security Standard (PCI-DSS) is a set of global standards developed to safeguard cardholder data. Staying up-to-date with PCI-DSS compliance should be a top priority. This guide will break down what you need to know about PCI-DSS compliance. PCI-DSS version 4.0,

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Merchant Underwriting: What It Is, How It Works, and Why It’s Important

Stax

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?

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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. The ideal payment gateway should match your business model, target audience, transaction volume, and nature of products or services. However, it might only be suitable for smaller transaction volumes.

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What is a BIN in Payment Processing

Clearly Payments

Companies can analyze BIN data to track transaction patterns, better understand customer demographics, and assess risk in different regions or among various card types. This information helps payment processors and merchants verify transactions, assess risk, and streamline payment workflows for secure and reliable transactions.

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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. Stax, Payment Depot, and CardX are three of the very best providers in the industry.

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Credit Card Processing Rates: How Much Does It Cost to Process Payments in 2025?

Stax

Interchange and assessment fees are set by card networks and are non-negotiable. Assessment fees Assessment fees go to the payment network or the credit card network. In the previous example, Mastercard retains the assessment fee from the overall credit card processing fee. This helps the processor recoup lost revenue.

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Understanding Payment Processing Costs in Acumatica and How You Can Save

EBizCharge

These fees typically include interchange fees, which go to the card-issuing bank, assessment fees charged by the card networks, and payment processor fees for handling the transaction. Factors like transaction volume, payment speed, and the type of ACH transfer can also influence the overall cost.