Remove Card Association Remove Data Security Remove MFA
article thumbnail

Payment Security: Everything You Need to Know About Secure Payments

Stax

How do two-factor authentication and “3-D secure” protect payment information? Multi-factor authentication (MFA) adds additional layers of security by requiring additional verification during the transaction process. SSL/TLS is the acronym for Secure Sockets Layer and Transport Layer Security. What is SSL/TLS?

article thumbnail

Everything You Need to Know About PCI Compliance for Credit Card Processing

Stax

Failing to comply with the Payment Card Industry Data Security Standard can have a number of severe consequences for a business. These include penalties, legal repurcussions, and the revocation of credit card processing privileges. PCI DSS stands for “Payment Card Industry Data Security Standards.”