Stax

MARCH 4, 2024

To stay ahead of fraud means merchants must understand the threats, use trusted and secure providers, and keep up to date on payment security trends. So, let’s dive into payment security, touching on the basics of what you need to know to ensure secure payments. of the global population using this method of payment in 2022.

PCI DSS 88

PCI DSS Payment Security Security MFA 88

PYMNTS

JANUARY 19, 2017

Payment card spending in the U.K. increased 1 percent during the month of November to hit £56 billion, thanks in part to an increase in debit card spending. According to The UK Cards Association, the 1 percent increase in November was driven by a £476 million rise in debit card spending.

Debit Card 46

Debit Card Card Association Credit Cards Payments 46

The Fintech Times

MAY 9, 2024

.” Paymentology leverages its technology and robust payment card solutions to empower clients in the creation, distribution, and management of cards. “We take pride in establishing the capability to create secure stores of value within a regulated framework and seamlessly integrate systems through simplified APIs.

Financial Inclusion 104

Financial Inclusion Embedded Finance Payment APIs and Integration Non-Bank 104

PYMNTS

JANUARY 19, 2017

A movement by countries around the globe to embrace a cashless future is resulting in plastic payments (think credit and debit cards) to erode cash’s market share. The firm found that 471 billion cashless payments were made around the world in 2015, up 52 percent since 2011.

Alternative Payment Methods 48

Alternative Payment Methods Debit Card Payments Contactless Payments 48

PYMNTS

JUNE 20, 2017

As the popularity of online shopping continues to rise, it comes as no surprise that there has also been an uptick in card-not-present purchases. Worldwide, eCommerce card payments generated $2.7 Cards Association (UKCA) found that cashless purchases made through debit and credit cards more than doubled in the past decade.

Rules 52

Rules Online and Mobile Banking Card Association Contactless Payments 52

The Paypers

APRIL 22, 2016

(The Paypers) Chinese smartphone maker Xiaomi has announced plans to work with national bank card association China UnionPay for a mobile payment service.

Mobile Payments 31

Mobile Payments Card Association Bank Card Payments 31

PYMNTS

FEBRUARY 1, 2017

customers using contactless payments to make purchases, AIB announced that it will continue to waive transaction fees for purchases of $30 or less. to charge for contactless payments is Bank of Ireland. The UK Cards Association reported that, as of Nov. With the number of U.K. Currently, the only bank in the U.K.

Contactless Payments 40

Contactless Payments Transactions Payments Card Association 40

PYMNTS

MAY 24, 2019

The merchant acquiring, processing and services industry has seen its share of headlines so far this year, with big players coming together in waves of deal-making to get bigger, and provide a greater range of processing and payment services. As Neil Randel, CEO at First American Payment Systems , told Karen Webster, that is reliability.

Process 64

Process Gateways Settlement Acquirers 64

Fi911

JUNE 4, 2024

This professional typically collaborates with financial institutions, payment processors, and card associations to represent the merchant’s interests. This not only protects the business from penalties but also maintains its standing in the payments ecosystem. Is it Better for Merchants to Outsource?

Disputes 93

Disputes Fraud Prevention Compliance Processors 93

PYMNTS

SEPTEMBER 1, 2016

Alphabet , the parent of Google, is getting into the digital payments market in Japan, inking a deal with Mitsubishi UFJ Financial Group (MUFG) for its Android Pay platform. According to a report , which cited a person with knowledge of the matter, the move is designed to get into Japan’s fast-growing digital payments market.

Digital Payments 41

Digital Payments Debit Card Card Association Payments 41

Synapse Payment Systems

SEPTEMBER 27, 2022

But ultimately, you can use the Clover POS system with any payment processor you like. In the “Payment Terms” section of Square’s terms of service under section 4 (Our Fees), you will find a line that says, “Subject to the General Terms and these Payment Terms, we reserve the right to change the Fees upon reasonable advance notice.”

Push-to-Card 130

Push-to-Card Processors Process Card Association 130

PYMNTS

JUNE 19, 2017

With the popularity of online shopping, it should come as no surprise that there’s been an uptick in card-not-present purchases. Cards Association (UKCA) finds that the amount of purchases made through debit and credit cards has more than doubled in the past decade. A new report from the U.K. There were 6.7

Push-to-Card 43

Push-to-Card Card Association Contactless Payments Debit Card 43

Exact Payments

OCTOBER 30, 2023

The world of payment processing has evolved rapidly since the early days of credit card payments. With the explosion of cloud-based software, e-commerce, and mobile payments, a significant portion of transactions now take place online. So, what is payment processing?

Facilitators 52

Facilitators Processors Payment APIs and Integration ISOs 52

PayHawk

APRIL 18, 2023

The world of payment processing can be as complex as you let it be, but, one this is for certain, there are thousands of terms that merchant service providers discuss, and oftentimes, merchants are left clueless about their meanings. A Acquirer The financial institution that processes payments on behalf of merchants.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

Evolve Payment

NOVEMBER 19, 2024

Table of Contents PCI Compliance in a Nutshell PCI compliance, also known as the Payment Card Industry Data Security Standard , or PCI-DSS, is an important standard that major credit card companies like Visa and Mastercard have adopted to protect themselves and their merchants from the risks associated with exposed cardholder data.

PCI DSS 94

PCI DSS Compliance Processors Breach 94

PYMNTS

SEPTEMBER 20, 2018

In an effort to kill the check — where B2B payments are anything but efficient — might virtual cards be the answer? As ePayables have emerged as an option in the commercial realm, Yarbrough noted that a virtual card can solve problems for both buyers and suppliers.

Void 76

Void Checks Push-to-Card Rules 76

The Paypers

APRIL 25, 2016

(The Paypers) Xiaomi has made it official that it will be entering the ever-growing mobile payments industry with a new service in China, together with the country’s national bank card association UnionPay.

Mobile Payments 28

Mobile Payments Card Association Bank Card Payments 28

Payment Savvy

FEBRUARY 6, 2023

An ISO can help companies elevate the customer experience they’re providing by offering stellar payment processing services. For this reason, ISOs are considered reliable and effective support in managing merchant accounts and facilitating payments through various services. What Is the Role of ISO Partners?

ISOs 52

ISOs PCI DSS Processors Card Association 52

BNG Payments

JANUARY 1, 2022

One way to keep your monthly costs down is by lowering credit card transaction costs. You will be charged transaction rates from your payment processor, merchant acquiring bank, card associations, and in some cases, even your merchant services provider. In this article, we will focus on payment processors.

Credit Cards 52

Credit Cards Processors Non-Bank Card Association 52

PYMNTS

JUNE 26, 2017

shopper’s increased interest in online purchases seems to be twofold — cashless purchases and smartphone payments. have doubled the amount of cashless payments within the past decade due to the increased use of debit and credit cards, according to the UK Cards Association (UKCA) research we shared last week.

Push-to-Card 65

Push-to-Card Research Card Association NOV 65

The Fintech Times

APRIL 9, 2024

This option is even more advantageous than using other means of payment outside the country, bringing savings up to nine per cent compared to traditional credit cards for international travel. Supporting global travel The debit card associated with the Global Account offers coverage in over 200 countries and territories.

Accounts 59

Accounts Push-to-Card Debit Card Card Association 59

Fi911

APRIL 23, 2024

The digital payments landscape is rife with innovative solutions, aimed at streamlining and enhancing the user experience. Visa Plus, or Visa+, is a money transfer service designed to act as a bridge between different P2P payment platforms. This service is poised to catalyze a significant shift in the payments industry.

Venmo 52

Venmo CashApp P2P Interoperability 52

PYMNTS

FEBRUARY 29, 2016

The popularity of contactless payments on London’s transport network is phenomenal. We’ve already seen more than 350 million journeys made using contactless , using cards from more than 80 different countries,” said Shashi Verma, director of customer experience at TfL. billion in contactless payments, of which 79.3

Contactless Payments 40

Contactless Payments APACS Debit Card Volume 40

Stax

DECEMBER 20, 2023

Although credit cards have been around since the 1950s, in recent years, they’ve started to dethrone cash from its position as king of payment methods. With a whopping 84% of American adults owning at least one credit card (the average is 3 credit card accounts per person), card payments reached $9.43

Credit Cards 88

Credit Cards Small Business Processors Payment APIs and Integration 88

Stax

SEPTEMBER 17, 2024

In the new, digital era of payment management and shopping, protecting customer data is a top priority. Each requirement plays a critical role in building a secure environment for payment processing. Failing to comply with the Payment Card Industry Data Security Standard can have a number of severe consequences for a business.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

PYMNTS

MAY 20, 2016

Cards Association announced on Thursday (May 19) that the monthly spending on contactless cards reached a record £1.5 Today, one in seven of all card transactions that take place in the U.K. card expenditure statistics underpin the popularity of contactless payments in the region. billion in March 2016.

Contactless Payments 40

Contactless Payments Card Association NOV Transactions 40

Segpay

NOVEMBER 28, 2023

3 minute read Sharing information between card associations and service providers like payment facilitators and independent payment operators is important. The information typically flows from the card brands to the acquirers and then to service providers like Segpay. Having a direct point of contact is key!

Visa 52

Visa Facilitators Service Provider Money Laundering 52

PYMNTS

AUGUST 22, 2016

Reality check though, seems an appropriate theme for several topics of discussion across the payments world, based on a few things that happened (or didn’t) last week that could benefit from such a, shall we say, intervention? Welcome to Payments Reality Check. That efficient payment method is bitcoin.

Checks 41

Checks CFPB Bitcoin Payments 41

Evolve Payment

JUNE 27, 2023

Table of Contents It’s Time to Tackle Your Merchant Statement As a business owner, you rely on credit card processing to facilitate smooth transactions with your customers. Accepting credit card payments allows your customers to have a safe and secure transaction, knowing that their personal banking information will not be stolen.

Credit Cards 52

Credit Cards Processors Process Assessments 52

PYMNTS

AUGUST 20, 2019

Attacks on rewards programs have become alarmingly frequent, but payments providers, restaurants and third-party mobile ordering apps are taking significant steps to protect themselves and their customers. partnered with Stripe to ensure that none of its customers’ payment data would ever reside in its app.

Breach 53

Breach Credit Cards Fraud Prevention AI 53

Evolve Payment

MARCH 21, 2024

Table of Contents The Foreign Language of Merchant Services Ever feel like the payment processing industry speaks a language that only accountants understand? Thankfully, your team at Evolve Payment has you covered. Merchant services are every solution you need to accept payments from your customers. You’re not alone.

Process 52

Process Gateways Processors Credit Cards 52

BNG Payments

FEBRUARY 4, 2022

Credit Card Processing f or Nonprofits Best 2022 Guide t o Credit Card Processing f or Nonprofits Many organizations want to accept credit card donations or payments for fundraising auctions online but don't know how. A merchant account is an account that you open with a bank to accept credit card payments.

Credit Cards 52

Credit Cards Process Processors Online and Mobile Banking 52

PYMNTS

FEBRUARY 26, 2020

Rewards programs are especially popular among hackers as they can hold large amounts of valuable data, including payment information. Rewards points are also valuable as bad actors can either spend them or sell them on dark web marketplaces.

Credential 56

Credential AI Account Takeovers Fraud Detection 56

PYMNTS

JUNE 19, 2018

North America accounts for about 60 percent of the global card market, according to analysis from ResearchAndMarkets.com released earlier this year, while the American Banking Association found in April that about 70 percent of Americans have at least one credit card. percent by the end of the decade. “We [the U.S.]

Commercial Card 40

Commercial Card Data Breach Credit Cards B2B 40

FICO

FEBRUARY 18, 2019

They rightly call out that payment service providers must adopt measures to mitigate the risk of unauthorised parties using the elements of Strong Customer Authentication categorized as possession. Here are 3 reasons why it still needs to be part of your SCA strategy. 1 It Is a Permissible Authentication Method for PSD2.

Authentication 45

Authentication Online and Mobile Banking Mitigation Card Association 45

PYMNTS

JULY 15, 2019

It is really incumbent on the card associations as well as the issuers to reassure the card holders about the protections in place,” he said, pointing to zero liability and all of the fraud monitoring capabilities that are offered.

Credit Union 41

Credit Union Online and Mobile Banking Issuers Consulting 41

Exact Payments

JANUARY 4, 2024

The Payment Card Industry Data Security Standard (PCI DSS) plays a crucial role in protecting cardholder data for businesses that accept credit card payments. This set of security guidelines is mandated by major credit card associations such as Visa, Mastercard, American Express, and Discover.

PCI DSS 52

PCI DSS Compliance Audit Encryption 52