VISTA InfoSec

MAY 12, 2024

Let’s look at some best practices you’ll want to implement to keep payment data safe from cybercriminals: 1. To keep your business secure, only engage with payment processors and vendors that comply with PCI DSS.

PCI DSS 277

PCI DSS Security Compromise Best Practices 277

PYMNTS

SEPTEMBER 26, 2018

25) from Verizon Communications, full compliance with the PCI DSS (short for Payment Card Industry Data Security Standard) dropped last year, the first decline seen in six years. percent of the organizations surveyed were in full compliance, according to data gleaned from 2,400 reports stretching back to 2012.

PCI DSS 53

PCI DSS Compliance Chip Cards EMV 53

Clearly Payments

DECEMBER 2, 2024

Contactless payments , such as tap-to-pay, grew by 25% year-over-year in 2023 , making up a significant portion of in-store card transactions. Pros Fast and secure transactions. Accepts contactless and EMV chip cards , which are more secure than magnetic stripes. Cons Requires hardware and software investment.

Credit Cards 105

Credit Cards Payment Gateways Gateways Point-of-Sale (POS) 105

The Payments Association

OCTOBER 4, 2024

Cybercriminals are constantly innovating, targeting vulnerabilities in payment systems to carry out unauthorised transactions, identity theft, and data breaches. While technologies like EMV chip cards (chip & pin), tokenisation, and biometrics have been developed to enhance security, fraudsters continue to adapt.

Online and Mobile Banking 88

Online and Mobile Banking Cross-Border Payments Cross-Border Alternative Payment Methods 88

Payment Savvy

JULY 3, 2024

When a customer inserts their EMV chip card into a compatible POS terminal, the chip communicates with the terminal to verify the card’s authenticity and authorize the transaction securely. PCI DSS Compliance This is the cornerstone of debit card security.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Stax

APRIL 18, 2024

This technology enables merchants to conduct transactions on the go, typically with both mobile wallet solutions like iOS’ Apple Pay, as well as tap-to-pay, magstripe, and chip cards like American Express, Visa, and Mastercard.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Mobile Payments 88

EBizCharge

AUGUST 30, 2024

For instance, integrating a payment gateway that optimizes interchange fees or software that automatically updates credit card information can lower costs. Up-to-date terminals that accept EMV chip cards and contactless payments can also help merchants mitigate or avoid higher fees associated with manually keyed transactions.

Credit Cards 52

Credit Cards Processors Process Card Issuer 52