Stax

APRIL 3, 2025

It works in tandem with the customers bank or credit card provider to verify and authorize the transaction. It forwards the customers payment details to the issuing bank, gets transaction authorization, and collects the funds on behalf of the eCommerce business. This protects sensitive payment data from interception by cybercriminals.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Payment Gateways Gateways 88

Clearly Payments

MARCH 14, 2025

A credit card transaction is a process involving multiple entities, complex technology, and rigorous security protocols. It occurs in a matter of seconds but consists of multiple stages, from authorization to settlement. Stage 1: Authorization Authorization is the initial step where the transaction is approved or declined.

Credit Cards 52

Credit Cards Transactions PCI DSS Online and Mobile Banking 52

Stax

MAY 5, 2025

A payment gateway solution is a service that authorizes credit card payments and processes them on behalf of the merchant. A Payment Gateway for a mobile app is a service that authorizes credit card payments and processes them on behalf of merchants. Q: What are the security considerations while choosing a Payment Gateway?

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration Multi-Currency 88

VISTA InfoSec

MARCH 25, 2025

CREST membership is an important recognition as it implies that the organization that is accredited meets the strict standards for addressing complex cybersecurity challenges and is adhering to best practices in security testing. ISO/IEC 27001 Certification : Upholding the highest standards in information security management.

Cybersecurity 130

Cybersecurity Accreditation PCI DSS Assessments 130

Stax

JANUARY 21, 2025

Consider the following security and compliance features when choosing a payment gateway: PCI DSS Compliance – The Payment Card Industry Data Security Standard (PCI DSS) is a set of rules and principles designed to keep payment card information safe and secure. This is to allow for refunds and chargebacks.

Payment Gateways 88

Payment Gateways Gateways PCI DSS Payment APIs and Integration 88

Stax

JUNE 8, 2025

A payment gateway is a technology that authorizes and processes payments between buyers and sellers by securely transmitting payment data. On the other hand, a payment gateway is a technology that authorizes and processes payments between a buyer and seller by securely transmitting payment data.

Payment Gateways 88

Payment Gateways Processors Gateways Online and Mobile Banking 88

Finextra

JUNE 26, 2025

PCI DSS: Safeguarding cardholder data If you handle card payments, PCI DSS compliance is non-negotiable. PCI DSS stands for Payment Card Industry Data Security Standard. It applies to any business that stores, processes, or transmits cardholder data. It expresses the views and opinions of the author.

PCI DSS 52

PCI DSS AML Process Payment APIs and Integration 52

Stax

MARCH 18, 2025

It authorizes or declines payments based on available funds and fraud checks. Payment information is encrypted and sent for authorization – The payment gateway encrypts and sends the payment details to the payment processor. This means they authorize and complete transactions faster than manual processing procedures.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

Finextra

JUNE 13, 2025

External This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. It expresses the views and opinions of the author. If you are looking to boost customer loyalty and retention, then you should definitely consider closed-loop payments.

Payment APIs and Integration 52

Payment APIs and Integration Payments Push-to-Card Authorization 52

The Fintech Times

DECEMBER 12, 2024

As UK VRP regulation evolves, fintech innovation will accelerate, replacing legacy systems with direct, secure, and flexible bank-to-bank transfers. Improving trust ByzGens blockchain solutions are integrated into Evidens new payments platform to improve data security, compliance, and efficiency while limiting bias.

Facilitators 72

Facilitators Payments Blockchain AI 72

Finextra

JUNE 14, 2025

Every time you tap or swipe a Mastercard, the company earns fees by routing the transaction through its network and facilitating authorization, clearing, and settlement between the merchant’s bank and the cardholder’s bank. External This content is provided by an external author without editing by Finextra.

Visa 52

Visa Gateways AI Value Added Service 52

Stax

MARCH 11, 2025

The customer will input the required payment information on the page and then click Pay to authorize the transaction. Payment authorization The issuing bank will do a quick check to ensure everything is in orderwhich is usually an automated process. However, credit and debit cards are more convenient.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

Stax

NOVEMBER 14, 2024

In this context, they accept the funds from the sale once a card is authorized and deposit them into the business’ bank account. The terminal then contacts the credit card processing company for authorization. Step 3: The card is authorized. Typically, card transactions are authorized in less than a minute.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

The Payments Association

NOVEMBER 12, 2024

In response, regulatory bodies like the Financial Conduct Authority are tightening anti-money laundering (AML) and counter-terrorism financing (CTF) measures, levying steep penalties for non-compliance. Vendor Dependence: Reliance on a third party for critical functions and data security. billion in losses in 2023 alone.

Financial Crimes 88

Financial Crimes Crime Fraud Prevention Compliance 88

EBizCharge

FEBRUARY 26, 2025

NetSuite automates key aspects of the payment process, including authorization, capture, and settlement, reducing manual effort and minimizing errors. Additionally, it includes security features such as tokenization, encryption, and fraud prevention tools to ensure compliance with Payment Card Industry Data Security Standards (PCI DSS).

Credit Cards 52

Credit Cards Process Payment Gateways Payment APIs and Integration 52

EBizCharge

MARCH 11, 2025

These fees cover the cost of securely transmitting payment data, encrypting sensitive data, and authorizing transactions in real-time. Gateway fees: Gateway fees are the fees merchants pay to use a payment gateway, which acts as a bridge between their website or point-of-sale (POS) system and the payment processor.

Processing Costs 52

Processing Costs Process Credit Cards Payment Gateways 52

EBizCharge

MARCH 7, 2025

Compliance with industry standards: Compliance with Payment Card Industry Data Security Standards (PCI-DSS) is another significant benefit of integrating a payment gateway into Acumatica. Allowing customers to pay their invoices with just a few clicks also increases convenience, potentially boosting sales and repeat business.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Payments 52

EBizCharge

NOVEMBER 27, 2024

The gateway acts as the intermediary that collects, encrypts, and transmits transaction data to the payment processor. This integration ensures a seamless and secure transaction flow. Transaction settlement: After a payment is authorized, the merchant account facilitates the settlement process.

Accounts 52

Accounts Payment Gateways Gateways Payment APIs and Integration 52

The Fintech Times

NOVEMBER 6, 2024

“This innovative solution represents our commitment to providing a simple, convenient, and secure way for consumers to pay,” said Adeline Kim , country manager for Singapore and Brunei at Visa. “Based on our biometrics study, close to seven in 10 Singapore consumers see this as a secure way to pay.

Product 101

Product Cross-Border FinTech Cross-Border Payments 101

Clearly Payments

JULY 17, 2025

These accounts ensure money is kept separate and used only for the purposes authorized by the client. Built-In PCI and Data Security Compliance All payment processing meets security standards to protect sensitive client and payment information with PCI DSS.

Legal 86

Legal Accounts Process PCI DSS 86

Finextra

JUNE 18, 2025

FIs must act now – failure could risk further eroding already pressured margins, and customers looking to competitors that deliver more secure and user-friendly payment experiences. External This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

Issuers 52

Issuers Disputes Fraud Prevention Authentication 52

Stax

JANUARY 28, 2025

Enhanced securitytokenization and two-factor authentication reduces the risk of data breaches As we mentioned earlier, Click to Pay uses a data security approach called tokenization to protect sensitive financial data from malevolent actors.

Payment APIs and Integration 68

Payment APIs and Integration Online and Mobile Banking Payment Gateways Gateways 68

My Payment Savvy

JUNE 16, 2025

It collects payment data, secures sensitive information, and connects all parties needed to move money from your customer’s bank to yours. Unlike payment processors, which handle backend money transfers, payment gateways focus on securely capturing payment methods. This decision is returned instantly.

Payment Gateways 52

Payment Gateways Gateways Online and Mobile Banking PCI DSS 52

Finextra

JUNE 30, 2025

Meanwhile, data privacy and model transparency are top concerns in the UK (as they are elsewhere). A Statista poll in 2024 showed data security was the leading barrier to scaling GenAI in UK finance, cited by 33% of firms. External This content is provided by an external author without editing by Finextra.

AI 69

AI Finance Fraud Detection Use Case 69

Stax

APRIL 8, 2025

PCI compliance fee – This fee is usually charged by the payment processor or acquiring bank to ensure the business follows Payment Card Industry Data Security Standard ( PCI DSS ) requirements to protect customer data. In 2025, Visa raised its Misuse of Authorization Fee (from $0.09

Credit Cards 88

Credit Cards Process Processors Push-to-Card 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). These insights help merchants make smarter business decisions and spot potential issues or opportunities early.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Payments 52

EBizCharge

MARCH 18, 2025

Payment security A reliable Sage 100 payment processing solution will protect customer payment information by implementing robust security protocols and ensuring full compliance with Payment Card Industry Data Security Standards (PCI-DSS).

Credit Cards 52

Credit Cards Process Security Data Breach 52

Stax

APRIL 10, 2025

It will use magnetic secure transmission (MST) to transmit the relevant data when the smartphone is held at close range (a few centimeters usually) or tapped to your card reader. The payment method is outside the control of a centralized authority like the central banks that issue and guarantee traditional legal tender (money).

Small Business 88

Small Business Wire Transfer BNPL ACH 88

Stax

MARCH 5, 2025

Meanwhile, a payment gateway is the technology that authorizes and processes payments between a buyer and seller by securely transmitting payment data. Meanwhile, a payment gateway is the technology that authorizes and processes payments between a buyer and seller by securely transmitting payment data.

Credit Card Payment Processing 88

Credit Card Payment Processing Credit Cards Process Payment Gateways 88

Finextra

JULY 7, 2025

Edge data centres offer a compelling solution by decentralising compute power, lowering latency and improving data security. To support AI-driven fintech, edge data centres must ensure seamless power, cooling and cabling. External This content is provided by an external author without editing by Finextra.

FinTech 52

FinTech Payment APIs and Integration PCI DSS AI 52

Fintech Review

NOVEMBER 28, 2024

This collaboration made it possible for Serenity to launch the sAxess biometric card, bringing a unique hybrid approach to security and combining Serenity’s blockchain technology with IDEMIA Secure Transactions’ expertise in advanced biometric smart cards.

Security 52

Security Transactions Blockchain Data Security 52

The Fintech Times

JULY 8, 2025

In October 2024, CFPB finalised its rule on the open banking ecosystem, which was intended to strengthen data security and improve competition in the market by making it simple for consumers to switch providers. Consumer Financial Protection Bureau, et.

CFPB 64

CFPB Rules Consumer Financial Protection Bureau (CFPB) FinTech 64

EBizCharge

JANUARY 14, 2025

When a customer initiates a payment, the gateway securely transmits the information to the payment processor and the issuing bank for authorization. Overall, the payment gateway acts as a secure bridge that encrypts sensitive data, such as credit card details, to ensure the transaction is processed safely and efficiently.

Payment Gateways 52

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

Fintech Review

APRIL 11, 2025

As fintech platforms handle sensitive data and money, regulators must ensure transparency, fairness, and data security. As fintechs grow, they attract greater scrutiny from authorities. Striking the right balance is essential for a sustainable fintech ecosystem. Consumer protection is a top priority.

FinTech 52

FinTech Online and Mobile Banking Payment APIs and Integration Cross-Border 52

Finextra

JUNE 30, 2025

This can concern payments, conditional payments (a DLT based version of a letter of credit) and the post-trade settlement of securities and derivates (including margin calls). External This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

Digital Currency 52

Digital Currency Real Time Gross Settlement (RTGS) Distributed Ledger Technology (DLT) Settlement 52

Cardfellow

APRIL 27, 2025

The full name (PCI DSS) stands for Payment Card Industry Data Security Standard and its a set of rules to help keep cardholders information secure. For a quick refresher, PCI refers to security standards that apply to all businesses that accept credit cards. version requires transport layer security (TLS) 1.2

PCI DSS 52

PCI DSS Encryption Processors Credit Cards 52

The Fintech Times

JANUARY 31, 2025

Meanwhile, Tracy revealed that through industry partnerships, data sharing and using research to understand financial exclusion, Smart Data Foundry is continuing in its mission to tackle poverty and inequality through financial inclusion.

FinTech 59

FinTech Financial Inclusion Research Governance 59