Stax

NOVEMBER 14, 2024

Here are the inside details about what defines a payment solutions provider, how processing works, the credit card processing fees , risks, and more. TL;DR There are several parties involved in credit card processing. They include: the merchant, cardholder, card associations, acquiring bank, issuing bank, and payment processor.

Credit Cards

Cardfellow

JUNE 25, 2025

EMV Liability Shift Counterfeit Fraud 10.2: EMV Liability Shift Non-Counterfeit Fraud 10.3: Other Fraud – Card Present Environment 10.4: Other Fraud – Card Absent Environment 10.5: Card Recovery Bulletin 11.2: Abide by Card Association Regulations Follow the terms of service set by the card brands.

Disputes

Stax

MARCH 4, 2024

Multi-factor authentication (MFA) adds additional layers of security by requiring additional verification during the transaction process. How to Comply with Payment Security Standards The Payment Card Industry Data Security Standards, or PCI DSS , are the North Star for payment processing security.

PCI DSS

PayHawk

APRIL 18, 2023

Address Verification Service (AVS) A fraud prevention tool that checks the billing address provided by the cardholder against the address on file with the card issuer. BIN Sponsorship A service provided by payment processors that enables merchants to accept payment cards from multiple card issuers.

Process

BNG Payments

FEBRUARY 4, 2022

In addition to online payments, if an organization wants to accept offline donations via credit cards, a merchant account is used alongside a hand-held credit card reader.  A card association is a group of banks that sets the terms for all credit card transactions.

Credit Cards