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Looking for the Best Payment Gateway? Here’s How to Choose the Right One

Stax

Opt for gateways that support diverse payment options like credit/debit cards, digital wallets, and international payments to accommodate customer preferences. Ensure the gateway offers PCI DSS compliance, encryption, tokenization, and fraud prevention tools to safeguard transactions. Learn More What is a Payment Gateway?

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The Complete Guide to PCI Compliance

Evolve Payment

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.

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How Visa and MasterCard Shape the Payments Industry

Clearly Payments

At the forefront of payment industry, particularly in credit cards, are two giants: Visa and Mastercard. As the world’s leading payment networks , Visa and Mastercard play a pivotal role in shaping the landscape of electronic payments on a global scale. UnionPay has 32% of the global credit card market.

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Payment Security: Everything You Need to Know About Secure Payments

Stax

In 2023, the cost of fraud to online businesses was $48 billion globally, according to Mastercard. TL;DR The PCI DSS determines security protocols and sets the standards for payment security. Payment security ensures adherence to legal and regulatory requirements, such as PCI DSS, reducing legal risks.

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

Stax

TL;DR PCI compliance is essential because it helps prevent data breaches, ultimately cultivating customer trust. There are 12 requirements under PCI DSS, divided into six major categories. Failing to comply with the Payment Card Industry Data Security Standard can have a number of severe consequences for a business.

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Why PCI Compliance is Critical for Businesses

Exact Payments

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.

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How To Become an ISO Partner?

Payment Savvy

In a traditional setting, large banks (for example, Bank of America) that are members of credit card associations (Visa and Mastercard) handled all the payment processing services for merchants. Choose a partner that is PCI DSS compliant. Why is there a need for ISOs in the modern financial ecosystem?

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