Fintech Review

MAY 10, 2025

Tokenisation also enhances security, replacing sensitive card details with encrypted tokens during transactions. Advanced Card Lifecycle Management Beyond issuing, Marqeta offers full card lifecycle management through its APIs.

Payment APIs and Integration

Stax

APRIL 10, 2025

Contact us 10 Top Payment Methods for Small Businesses Credit and debit card payments Card payments (credit cards and debit cards) account for 50% of the total number of small business transactions and remain the primary way customers make purchases on-site and online.

Small Business

Stax

OCTOBER 14, 2024

Beyond compliance, look for processors that offer advanced security features like tokenization and encryption, which add layers of protection to payment information. and $0.50), plus a percentage of each purchase (between 1% and 3%) on top of the interchange fees charged by the card issuers.

Processors

Clearly Payments

OCTOBER 22, 2024

This guide explains how a PIN functions in credit and debit card payments and its importance for merchants. A PIN is a four- to six-digit numerical code assigned to a credit or debit card by the card issuer or chosen by the cardholder. Encryption ensures the PIN cannot be intercepted or stolen during transmission.

Debit Card

Clearly Payments

JANUARY 12, 2024

Advise them of the potential fraud and instruct them on the steps they should take, such as contacting their card issuer to report the incident and potentially canceling their affected cards. Cooperate with Card Issuers Work closely with the credit card issuers of the affected credit cards.

Credit Cards

Stax

AUGUST 20, 2024

The merchant’s website will initiate a 3DS request with the customer’s card issuer on the payment page. The payment processor will send a request for authentication to the customer’s card issuer. If a fraudulent transaction occurs, the card issuer may take responsibility instead of the merchant.

Authentication

Stax

MARCH 15, 2024

The primary security standards that payment systems typically adhere to include: Payment Card Industry Data Security Standard (PCI DSS): PCI DSS sets forth requirements for securing payment card data, including encryption, access control, network monitoring, and regular security testing.

Process

Clearly Payments

DECEMBER 2, 2024

This involves using a physical point-of-sale (POS) terminal to process card payments. How It Works The customer swipes, inserts, or taps their card on the POS device. The terminal communicates with the card issuer to approve the payment. How It Works Customers enter their card details during checkout.

Credit Cards

Stax

SEPTEMBER 17, 2024

Most payment gateways come with features like fraud detection and data encryption that are specifically geared towards keeping your customers’ payment information secure. The gateways authorize the customer’s payment and encrypt the cardholder information. Popular payment gateways include Authorize.net, Stax, Stripe, Adyen, and Square.

Payment Gateways

Clearly Payments

OCTOBER 10, 2024

These are particularly effective for credit card companies. For instance, major credit card issuers like Chase and Capital One offer cashback for purchases made on certain categories like groceries, dining, and gas. This enables merchants to apply rewards, track points, and offer redemptions in real-time.

Processors

PYMNTS

AUGUST 13, 2018

“The FBI has obtained unspecified reporting, indicating cybercriminals are planning to conduct a global Automated Teller Machine (ATM) cash-out scheme in the coming days, likely associated with an unknown card issuer breach and commonly referred to as an ‘unlimited operation,’” the letter read, according to the report.

FBI

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. Annual Percentage Rate (APR) The annual interest rate charged by a credit card issuer on outstanding balances.

Process

Stax

AUGUST 29, 2024

It will also communicate with the customer’s card issuer to verify the authenticity of the card details entered into your checkout page. That’s why electronic payments information is first sent to an acquiring bank for verification with the customer’s issuing bank and card issuer before the transaction is authorized.

Payment Service Provider (PSP)

PYMNTS

FEBRUARY 13, 2020

Card issuers are fielding new technologies and utilizing next-gen identity verification technology to expose the fakers and make social media — and the wider digital domain — safe for kitten vids and funny memes again. Private industry and government agencies have had enough, and they’re mobilizing.

Verification

Stax

NOVEMBER 13, 2023

Authentication: The payment terminal validates the transaction by sending the payment details to the payment network (such as the card issuer—e.g. The entire process is fast and secure and does not require physical contact between the card or smartphone and the payment terminal. Q: Is tap to pay secure?

Contactless Payments

Stax

APRIL 18, 2024

It should support various payment methods, encryption standards, and compliance requirements to ensure data security and regulatory compliance. This software needs to be EMV compliant to handle chip card transactions securely. Q: What are some additional network and card issuer fees?

Credit Cards

Fi911

OCTOBER 24, 2023

Rooted in the Alibaba Group’s ecosystem, Alipay has established partnerships with several financial institutions, emphasizing Chinese card issuers such as UnionPay. It employs advanced banking-standard security protocols, such as end-to-end data encryption and Secure Socket Layer (SSL) protocols, to safeguard client data.

Online and Mobile Banking

PYMNTS

JULY 19, 2018

American Express , the world’s largest card issuer based on purchase volume, has moved ahead with the latest in a series of blockchain agreements that it hopes will position the company as a leader in this new transaction technology. Patent and Trademark Office earlier this month for a blockchain-based proof of payment technology.

API

The Fintech Times

MARCH 6, 2024

Her journey began on the issuing side, primarily focusing on the Discover Card issuer team, before a transition to the network division, where she has played a role in managing various digital products, such as overseeing tokenisation efforts and the development of the tokenisation platform at Discover ® Global Network.

Digital Payments

Stax

NOVEMBER 6, 2023

Major card issuers such as Visa, MasterCard, and American Express each have hundreds of millions of NFC-enabled (near-field communication) debit and credit cards in circulation. They often employ advanced encryption and tokenization technologies, ensuring that payment information is protected.

Mobile Payments

Stax

JANUARY 15, 2024

End-to-end encryption. Implementing end-to-end encryption helps protect sensitive customer data throughout its lifecycle—i.e., It’s particularly crucial for card information like cardholder names and account numbers. The repeal of surcharge bans fostered price competition among credit card issuers.

Credit Cards

Fintech Labs Insights

JUNE 12, 2015

The Stratos card is a battery powered, Bluetooth-connected payment, rewards, and access card that, combined with the customer-facing mobile app and backend analytic capabilities for card issuers, offers a holistic solution. Stratos card began shipping April 2015. For card issuers: Digital Card Issuance Platform.

Push-to-Card

PYMNTS

OCTOBER 16, 2017

PCI tokens, encrypted card credentials held in vaults by processors, have been part of payments for years. Today, he told PYMNTS’ Karen Webster, consumers who sign up for an account online are prompted to register their card credentials: account number, expiry and CVV. Tokens are nothing new. But version 2.0

Issuers

PYMNTS

NOVEMBER 1, 2017

Our investments in technologies like biometrics, tokens, encryption and artificial intelligence are redefining the way both consumers and transactions are protected.” . “We are executing well on our strategy and are pleased to deliver another quarter of record results,” said Banga. ” By The Numbers. billion, from 1.18

Visa

EBizCharge

MAY 15, 2024

Payment gateways encrypt sensitive payment data, such as credit card details, ensuring secure transmission. The encrypted data is forwarded to the acquiring bank for processing, and upon approval, the payment gateway confirms the transaction to the customer and merchant.

B2B

Stax

JANUARY 17, 2024

Make sure you have a secure and encrypted payment processing system in place. Customer churn The most common cause for customer churn is when card details have expired or the payment has failed. It initiates data exchange among the merchant, card issuer, and customer to validate the payment.

ACH

PYMNTS

NOVEMBER 1, 2017

Our investments in technologies like biometrics, tokens, encryption and artificial intelligence are redefining the way both consumers and transactions are protected.” . “We are executing well on our strategy and are pleased to deliver another quarter of record results,” said Banga. ” By The Numbers. billion, from 1.18

Push-to-Card

PYMNTS

AUGUST 5, 2016

So, we all know this – chip cards were not going to fix the problem of fraud at the POS. What would is encrypting data at the POS. And NCR researchers at the Black Hat conference this week confirmed that story when they presented a way for the bad guys to commit fraud using chip cards.

Bitcoin

Stax

MARCH 14, 2024

For businesses looking at paying with a credit card, there are often reward schemes and low-interest rates designed to attract businesses with special B2B credit card solutions offered by Visa, Mastercard, and most other card issuers.

B2B

Segpay

MARCH 6, 2025

Secure Payment Information Storage Once collected, payment details must be securely stored using encryption or tokenization methods to comply with Payment Card Industry Data Security Standards (PCI DSS). This step also includes obtaining consent for automatic payments, outlining the billing amount, frequency, and terms of service.

Process

Nanonets

SEPTEMBER 28, 2023

Payment gateways encrypt payment information and help to ensure that payments are transmitted securely. fifth, Check with your bank or credit card issuer to see if they offer any special programs for making international payments. Another key consideration is to ensure that the recipient of the payment is legitimate.

Cross-Border Payments

Nanonets

MAY 7, 2024

Credit Card Reconciliation : Similar to bank reconciliation, credit card reconciliation involves reconciling credit card transactions recorded in the company's accounting system with the credit card statements received from the credit card issuer.

Reconciliation

PYMNTS

AUGUST 22, 2018

SRC is an effort by the card brands to bring the EMVCo standard to the web and enable the tokenization of payment credentials, by what Jacobs and the W3C call “payment handlers.” There’s talk, Jacobs said, of a single-buy button, with a drop-down tray that shows stored and encrypted user credentials available for a consumer to select.

API

EBizCharge

MAY 12, 2025

This comprehensive guide will walk you through everything you need to know about secure payment processing systems, from how they work and why encryption and tokenization matter to practical steps for avoiding chargebacks and choosing the best gateway. to confirm the cardholders identity.

Process

Fintech Finance

MARCH 5, 2025

In the early phases of the project, Skipify will integrate advanced tokenization technology from the Discover Network, enhancing security by replacing sensitive card information with encrypted tokens. With more than 100M consumer cards, Skipifys Commerce Identity Cloud is on track to recognize 1 in every 2 U.S.

Digital Payments