Bank Card PCI DSS Visa 
Clearly Payments
NOVEMBER 13, 2024
This routing allows the processor to request authorization for the transaction from the issuing bank, which then approves or denies it based on factors like available funds and fraud checks. For instance, it indicates the issuing bank, card type (credit, debit, or prepaid), and sometimes the country of issuance.
Clearly Payments
MARCH 14, 2025
Payment Processor Facilitates communication between acquiring and issuing banks. Card Network Card networks route transactions between banks (e.g., Visa, Mastercard). Issuing Bank Approves transactions and provides credit to cardholders.
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PYMNTS
JANUARY 22, 2020
After consumer information was compromised on a tourist website, Alpha Bank, Piraeus Bank, Eurobank and the National Bank of Greece each cancelled their credit and debit cards for customers. As a result, any banking card used on the travel portal was cancelled, and to be replaced.
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.
Payment Savvy
JULY 3, 2024
This information is then sent securely to the acquiring bank. The acquiring bank, which processes payments on behalf of the merchant, receives the transaction data and forwards it to the relevant card network (such as Visa or Mastercard). PCI DSS Compliance This is the cornerstone of debit card security.
Stax
JULY 9, 2024
They allow you to move with the device and accept payments wherever you need — both bank cards and mobile wallet payments. Digital wallet payments Digital wallets lets consumers make contactless payments, linked to their debit card or credit card information, without the need for a physical payment card.
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