VISTA InfoSec

MARCH 13, 2025

Protecting cardholder data: Encrypting sensitive data during transmission. You may also check our latest YouTube video on PCI DSS 4.0 Encryption of payment card data One of the key requirements of PCI DSS is the encryption of cardholder data both in transit and at rest.

PCI DSS

Fintech News

FEBRUARY 4, 2025

Fraudsters use small transactions or sign up for free trials to check if a card is active. Adopting multi-layered security protocols beyond two-factor authentication, such as tokenisation, encryption, and biometric authentication, can further strengthen security.

Fraud Prevention

Stax

MARCH 4, 2025

TL;DR Online payments rely on API or hosted gateways with encryption and fraud detection, while in-store transactions require POS hardware with EMV chip technology and NFC capabilities. Otherwise, check whether the payment gateway provider offers an API key to help manually integrate the gateway to your website.

Credit Cards

Clearly Payments

NOVEMBER 13, 2024

This routing allows the processor to request authorization for the transaction from the issuing bank, which then approves or denies it based on factors like available funds and fraud checks. The bank also conducts fraud checks based on the BIN and other data.

Process

EBizCharge

NOVEMBER 27, 2024

The gateway acts as the intermediary that collects, encrypts, and transmits transaction data to the payment processor. Features like Address Verification Systems (AVs), Card Verification Value (CVV) checks, and encryption protocols protect sensitive customer data and minimize chargebacks.

Accounts

Clearly Payments

MARCH 14, 2025

Merchant Sends Transaction Request : The merchant’s POS system or online payment gateway encrypts and transmits the transaction data to the acquiring bank or payment processor. Stage Time to Complete Key Activities Authorization 0.5 – 2 seconds Merchant sends data to processor; checks with issuing bank for approval.

Credit Cards

Clearly Payments

JANUARY 14, 2025

Tools like tokenization , encryption, and secure customer data storage can build trust. Assess Security Measures Check if the processor offers advanced security features like PCI compliance , tokenization, and encryption. Strong Security Measures Payment security is more important than ever.

Online and Mobile Banking

My Payment Savvy

JUNE 16, 2025

Data is Encrypted & Tokenized Immediately after submission, the payment gateway encrypts the card data and replaces it with a token—a random, one-time-use ID. Card Network Checks the Request The processor routes the transaction through the card networks (like Visa, Mastercard, AmEx). This decision is returned instantly.

Payment Gateways

My Payment Savvy

AUGUST 10, 2025

Velocity Checks These monitor transaction patterns to identify suspicious activity. Customers complete their purchase normally while the system runs fraud checks in milliseconds. Check Their Security Credentials Look for Level 1 PCI-DSS compliance as a minimum requirement. Did you know?

Fraud Detection

Stax

APRIL 3, 2025

The details are then encrypted and transmitted to a third-party payment gateway for authorization. Encryption – Encryption converts plain text into coded characters that can only be decoded by authorized users. You can also add other security preferences like address verification (AVS) or card verification (CVV) checks.

Payment Solutions

Stax

JULY 7, 2025

Mobile payments offer good security Although there are concerns about the security of mobile payments, the right mobile payment solution can make these transactions far more secure than cash and checks, or even card transactions. Check out Stax to find the ultimate all-in-one mobile payment solution. Request a Quote

Mobile Payments

Clearly Payments

JANUARY 21, 2025

Stronger Security: Advanced encryption, tokenization , and fraud detection protect sensitive data and bolster public trust. This digital approach replaced paper checks, ensuring faster and more secure transactions. Regulatory Compliance: Modern platforms come pre-configured to meet standards like PCI DSS , GDPR, and local regulations.

Government Payments

Stax

MARCH 6, 2025

The system generates a one-time encrypted code for each transaction, preventing fraudsters from stealing payment data. These 7 contactless payment methods come with built-in security features like encryption, tokenization, and proximity-based protection. They simply tap their credit card , mobile device, or smartwatch to pay.

Contactless Payments

Cardfellow

MAY 10, 2025

Stored data must be encrypted and access-controlled to roles that need access for specific business purposes. There are many compliant processors, so its worth the extra time to check into your options. Check out Help with PCI Self-Assessment Questionnaire for more info.

Processors

Stax

NOVEMBER 21, 2024

Once your payment processor sends the customer’s data to the issuing bank/card issuer (customer’s bank), the bank will check for the card’s validity and the availability of adequate funds or credit. Available features Check the features and services offered by each provider in detail, to see which PSP offers the best value for your business.

Credit Cards

Stax

MARCH 11, 2025

Encryption and transfer of payment information The payment gateway that underpins your checkout page will now encrypt the customers payment details as stipulated by industry data security regulations like PCI DSS (Payment Card Industry Data Security Standard) before transferring the data to your payment processor.

Online Payment Processing

Stax

APRIL 10, 2025

TL;DR You get to choose from traditional payment methods like cash and checks, online payment methods like digital wallets and ACH transfers, and emerging payment methods like BNPL services and cryptocurrencies. Its role is to encrypt and securely transfer your customers payment data to your payment processor.

Small Business

Stax

JANUARY 28, 2025

Payment verification by the issuing bank means the customers bank will check whether the customer has sufficient funds to complete the transaction. A good approach is to check whether your current payment systems need an update. Your testing should check for security compliance, technical performance, and mobile responsiveness.

Payment APIs and Integration

EBizCharge

FEBRUARY 26, 2025

Additionally, it includes security features such as tokenization, encryption, and fraud prevention tools to ensure compliance with Payment Card Industry Data Security Standards (PCI DSS). Check if it handles electronic payment methods efficiently. This step checks that everything functions correctly before you go live.

Credit Cards

EBizCharge

NOVEMBER 12, 2024

Once you’ve decided, prepare the necessary documentation , which typically includes business licenses, financial statements, and details of your business checking account. Consider the provider’s terms and fees (such as interchange, transaction, and potential termination fees).

Accounts

Finextra

JULY 3, 2025

Look for features like transaction monitoring, biometric logins, and encrypted data. What you must consider Check if the provider offers real-time reporting, fraud detection tools, and regulatory support. What you must consider Check if the provider offers real-time reporting, fraud detection tools, and regulatory support.

eWallet

EBizCharge

FEBRUARY 24, 2025

EFTs reduce the need for physical checks, speeding up payable processes and improving cash flow. Solutions that offer tokenization and encryption can help reduce fraud risks and protect customer information. Finally, businesses should consider integration capabilities and automation features when selecting a gateway.

Payment Gateways

Stax

MAY 13, 2025

Key components of payment processing include: Merchant account – A special type of business account that temporarily holds funds from card transactions before they settle in your business checking account. POS system – A combination of hardware and software that lets you accept in person payments and process sales on-site.

Credit Cards

Stax

MARCH 27, 2025

Checks can bounce, and cash can get lost. EFT and ACH offer more security and convenience than cash and checks, but they also come with limitations. No cash or checks needed. It seems straightforward for clients, but behind the scenes, a financial institution keeps the process in check.

ACH

Fintech Finance

JUNE 12, 2025

The solution boasts enhanced features like tax-and-tip functionality, cardholder data encryption, and near real-time transaction tracking, bringing consumer-grade ease to business-grade payments. PNC small business clients with an active PNC business checking account can apply for PNC Mobile Accept in all PNC Bank branches and online.

Micro-Entry

Stax

MAY 5, 2025

Not all payment gateways support recurring billing, so it’s important to check before you sign up for a service. A chosen Payment Gateway should comply with up-to-date security standards, like PCI DSS (Payment Card Industry Data Security Standard), data encryption, and tokenization, and have effective fraud prevention measures.

Payment Gateways

Finovate

MARCH 24, 2025

Be sure to check Finovate’s Fintech Rundown all week long for the latest in updates and announcements in fintech. Encryption and tokenization technology payments company Bluefin teams up with Printec Group to bring its PCI-validated, point-to-point encryption solution to retailers in Europe.

FinTech

Clearly Payments

MARCH 31, 2025

Require higher security standards, including EMV , PCI compliance , and encryption measures. small businesses, cash for 36.4%, and checks for 30.1%. Enterprises: Utilize integrated point-of-sale (POS) systems that connect with inventory, customer data, and analytics tools. expressing such worries, compared to 12.7%

Small Business

Stax

NOVEMBER 14, 2024

All you need to do is enter the payment info into your virtual terminal and it will then be encrypted, authorized, and submitted for online payment. Chips uniquely encrypt the card information each time it is used. Point-of-Sale Point-of-sale systems are huge for restaurant and retail locations.

Credit Cards

Finextra

JULY 24, 2025

Also, check if your current infrastructure supports a digital payment platform. You should use multi-factor authentication, tokenization, and encryption for every transaction. Conduct a full infrastructure audit You should start by reviewing your core banking systems. Are they compatible with APIs? How secure are they?

Digital Payments

Fintech Review

NOVEMBER 20, 2024

More than one billion individuals worldwide don’t have a checking or savings account. From advanced encryption technologies to rigorous data protection protocols, we ensure your transactions are fast, secure, and safe. You see the final output, but not the process of how the technology works behind the scenes.

Cross-Border Payments

Fintech Review

APRIL 17, 2025

It allows users to check balances, make payments, apply for loans, invest, and plan their finances without needing to visit a physical branch. This includes end-to-end encryption, behavioural analytics, device monitoring, and biometric verification. This includes mobile apps, online portals, chatbots, and virtual advisors.

Online and Mobile Banking

Cardfellow

APRIL 27, 2025

You can also check out the PCI at a glance infographic for a quick overview. Encryption and Access Control While data security has always been part of PCI, the 4.0 or higher to protect cardholder data during transmission through encryption. What is PCI again? version requires transport layer security (TLS) 1.2

PCI DSS

EBizCharge

APRIL 7, 2025

These tests also provide an opportunity to check how third-party integrations like payment processing systems and other vital business tools function properly. Checking these contracts ensures youre clear about whats included. Different vendors may offer varying levels of support for the updated systems.

Assessments

Clearly Payments

JANUARY 2, 2025

Heres how to protect your site and your customers: Install an SSL Certificate : This encrypts data and ensures your site uses HTTPS. You may need to create an account with the payment provider. Step 4: Secure Your Website Security is crucial when handling payments. Most web hosts offer free SSL certificates.

Payment Gateways

Stax

MARCH 5, 2025

Instead of driving down the complicated road of bank transfers or check payments, you can give your customers a simpler way to complete their purchases through your own website. Payment gateways step in when a customer is about to check-out online.

Credit Card Payment Processing

Cardfellow

FEBRUARY 26, 2025

Like other forms of contactless payment, it uses tokenization and encryption to maximize security. The data exchanged between a card and the smartphone accepting the payment will be encrypted. Yes, tap on phone is a safe payment acceptance method. Do all credit card processors offer tap on phone? No, not yet.

Contactless Payments