article thumbnail

Essential Guide to ISV Integrated Payments: Benefits and Best Practices

Stax

Of course, a merchant can manually process any failed payments after speaking to the customer, or manually input credit card payment information by manually entering credit card payment data. But this has serious implications on administrative costs, cash flow, and profitability.

ISVS 88
article thumbnail

Beyond the Firewall: Rethinking Payment Data Security

Finextra

Payment data is frequently copied, stored, and used across spreadsheets, shared drives, and supplier portals — far beyond the safety of core systems. Rising fraud, evolving cyber threats, and increasing expectations from partners and regulators are all pushing tokenisation from a niche solution to a best-practice standard.

article thumbnail

A Complete Guide to Securely Process Credit Cards in Sage 100

EBizCharge

PCI-compliant Sage 100 payment software providers must maintain strict security standards and enforce various measures, such as advanced encryption and tokenization, to safeguard sensitive payment data. By adhering to these standards, businesses can reduce data breach risks and maintain regulatory compliance.

article thumbnail

How PCI DSS Compliance Protects Australian Businesses from Data Breaches?

VISTA InfoSec

While PCI DSS is not mandated by the Australian government, it is considered an important industry standard enforced by payment card brands. Achieving PCI DSS compliance ensures strong protection of sensitive payment data, reducing the risk of breaches and associated penalties.

PCI DSS 165
article thumbnail

The rise of generative AI in payment security: A double-edged sword for data privacy

The Payments Association

This intersection of data privacy and AI is a critical conversation in the payments industry due to the highly sensitive and personal nature of the data involved, FScom Senior Manager Anna Sweeney explains.

Privacy 88
article thumbnail

The Ultimate Guide to Salesforce Payments

EBizCharge

Whether its a one-click payment from an invoice or a self-service portal, a seamless experience boosts satisfaction and encourages on-time payments. Centralized data management All payment data is automatically captured and stored in Salesforce, alongside customer and transaction records.

article thumbnail

How tokenisation has reshaped the future of payments

The Payments Association

Regulatory frameworks will inevitably follow, converting whats currently best practice into compliance requirements. Merchants no longer need to handle or store sensitive payment data, dramatically reducing both their compliance burden and vulnerability to breaches. This architecture creates an improved security paradigm.