Clearly Payments

MAY 22, 2025

General Terms Merchant A business that accepts credit or debit card payments. Transaction A payment made using a card or digital wallet. Issuer (Issuing Bank) The issuing bank is the bank that gave the customer their credit or debit card. Tokenization Replacing card data with a secure, unique token.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Processors ACH 52

Payment Savvy

JULY 3, 2024

Debit cards have become an indispensable part of our financial lives, with the majority of American adults, spanning all demographics, now possessing at least one debit card. Every merchant should prioritize taking the time to understand debit card processing to streamline operations and enhance customer satisfaction.

Debit Card 52

Debit Card Process PCI DSS Processors 52

PYMNTS

DECEMBER 9, 2016

No longer are they focusing on credit and debit cards — those brazen attempts have been at least partly blunted by EMV and tokenization initiatives. Intel noted its own tech solutions for transactions, tied to hardware and encryption, focus on personal information and payment card data.

CHIPS 74

CHIPS MSPS Breach Data Breach 74

NFCW

JULY 17, 2024

.” Secure element “Presto cards stored in Wallet are private and secure, and Apple never tracks users’ journeys. When customers add a Presto card to Wallet, the card information is encrypted and securely stored in the Secure Element, an industry-standard, certified chip designed to store the information safely on the device.

Debit Card 117

Debit Card Encryption CHIPS Security 117

Fintech Finance

JUNE 17, 2024

When customers use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device nor on Apple servers. .” Security and privacy are at the core of Apple Pay.

Cryptocurrency 98

Cryptocurrency Debit Card Encryption CHIPS 98

Stax

MARCH 5, 2025

How Can Internet Card Payment Processing Help My Business? From accepting credit cards and debit cards online to setting up your customized web store, there are various eCommerce solutions that can assist when in-person payments arent an option. But what’s the difference between these two? How do they work together?

Credit Card Payment Processing 88

Credit Card Payment Processing Credit Cards Process Payment Gateways 88

Payment Savvy

DECEMBER 2, 2022

Until recently, people made their credit and debit card payments with a bit of distrust because they were afraid of scammers stealing their card information through the card’s magnetic stripe. With NFC, you don’t need to insert a card and input a PIN. They are even more secure than magnetic-stripe cards.

Mobile Payments 98

Mobile Payments Contactless Payments Online and Mobile Banking CHIPS 98

Clearly Payments

MARCH 28, 2024

Clover Flex Clover Flex is a compact, portable credit card machine that offers a range of features suitable for various business types. It accepts a wide range of payment methods, including contactless, chip, and magnetic stripe cards. It accepts all major credit and debit cards, including tap, chip, and swipe payments.

Credit Cards 104

Credit Cards CHIPS Point-of-Sale (POS) Debit Card 104

FICO

FEBRUARY 16, 2023

As I mentioned in my last skimming post , consumers can pay close attention to PIN pads and payment terminals when using a credit card or a debit card. The least secure card payment method is swiping, as this will allow criminals with a skimmer in the terminal to capture all the card information from its magnetic strip.

Compromise 98

Compromise Debit Card Scams Smishing 98

Clearly Payments

DECEMBER 2, 2024

With over 79% of consumers using credit or debit cards for transactions, businesses that do not accept cards risk losing significant sales. This article will explore the various ways businesses can accept credit cards, including their advantages, costs, and considerations. Pros Fast and secure transactions.

Credit Cards 105

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

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 88

Process Security PCI DSS Encryption 88

EBizCharge

DECEMBER 18, 2024

Card payment clearing: Facilitates credit and debit card transactions by ensuring funds are transferred from the payers bank to the payees account. Interbank payments: Manages settlements between banks, often through systems like Clearing House Interbank Payment Systems (CHIPS) or central banks.

Facilitators 52

Facilitators Transactions Settlement Mitigation 52

Stax

NOVEMBER 13, 2023

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. EMV chip card technology had a good two decades or so, beginning in the mid-’90s. Contactless cards All cards today can come contactless.

Contactless Payments 88

Contactless Payments Push-to-Card Online and Mobile Banking Encryption 88

FICO

OCTOBER 12, 2016

As the US payment card infrastructure continues to move to EMV, fraudsters are turning their targets toward unattended self-service terminals, such as US ATMs, most of which have not yet been upgraded to read EMV chips. Debit-card compromises at ATMs located on bank property in U.S.

ATM 64

ATM EMV Issuers Debit Card 64

Stax

APRIL 18, 2024

Accepting credit card transactions is no longer a decision of whether to but rather how to. With cashless now BEING king, credit and debit cards are the primary method for your customers to make payments. of consumer payments came through card payments. Pre-pandemic, 62.3% per transaction.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

The Fintech Times

APRIL 8, 2024

When customers use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device or Apple servers. SUNRATE explained that it chose Apple Pay due to its security and privacy benefits.

Credit Cards 59

Credit Cards PCI DSS Commercial Card Treasury Management 59

Stax

NOVEMBER 6, 2023

Thanks to these modern payment solutions, credit card, and debit card users can now complete their purchases without swiping or inserting their cards at the point of sale (POS) terminals. Because of this, outdated POS systems lack the ability to accept NFC-enabled credit and debit cards or mobile wallets.

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88

Fintech Review

DECEMBER 3, 2024

The Emergence of Card Payments The introduction of credit cards in the mid-20th century marked a pivotal moment. Debit cards soon followed, enabling consumers to spend only what they had in their accounts. Over time, card networks such as Visa and Mastercard expanded globally.

Payment Solutions 97

Payment Solutions Payments Contactless Payments Online and Mobile Banking 97

Fintech Finance

APRIL 8, 2024

When customers use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Security and privacy are at the core of Apple Pay.

Credit Cards 52

Credit Cards PCI DSS Commercial Card Contactless Payments 52

EBizCharge

APRIL 25, 2024

This account serves as an intermediary between the business and the payment processor or acquiring bank, facilitating the secure processing of credit and debit card transactions, among other forms of payment. Apply for a merchant account A merchant account is typically set up through a payment processor or acquiring bank.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Credit Cards Contactless Payments 52

PYMNTS

AUGUST 10, 2016

It is important to note that Samsung Pay does not use the algorithm claimed in the Black Hat presentation to encrypt payment credentials or generate cryptograms. Samsung Pay is considered safer than payment cards because it transmits one-time-use data at the vast majority of merchants that do not yet have EMV (smart payment) terminals.

Process 40

Process Debit Card Credit Cards EMV 40

PYMNTS

SEPTEMBER 30, 2016

Nationwide, there are roughly 2 million chip-enabled businesses, and 1.3 Additionally, according to newly released data from Cayan, consumers are getting increasingly used to using EMV in their day-to-day lives — 42 percent of consumers use chip cards three or more times per week while shopping. EMV is not only for the big guys.

EMV 82

EMV CHIPS Chip Cards Push-to-Card 82

Nanonets

SEPTEMBER 28, 2023

Here are some of the most common: ACH (Automated Clearing House) Transfers Wire Transfers Credit Card/ Debit Card Transactions as EFT Mobile Payments Electronic Checks (eChecks) Point-of-Sale (POS) Payments Direct Deposits Recurring Payments EFT accounts can be checking or savings. For one, you could opt for a paper check.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wire 52

Nanonets

SEPTEMBER 28, 2023

Here are some of the most common: ACH (Automated Clearing House) Transfers Wire Transfers Credit Card/ Debit Card Transactions as EFT Mobile Payments Electronic Checks (eChecks) Point-of-Sale (POS) Payments Direct Deposits Recurring Payments EFT accounts can be checking or savings. For one, you could opt for a paper check.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wire 52

Stax

JANUARY 3, 2024

Traditional methods like cash and credit cards/debit cards are a must-have, as are digital wallets and contactless payments such as Apple Pay for iOS and Android’s Google Pay. Some may still want to allow magstripe card payments, but near-field communication (NFC) compatibility is non-negotiable for 2024 and beyond.

Small Business 88

Small Business PayPal CRM Transactions 88

M2P Fintech

MARCH 28, 2024

without requiring a traditional bank account or debit card. Hybrid Card A hybrid card is a payment card that combines a chip and a magnetic stripe, ensuring compatibility with different transaction systems. Unlike credit cards, PISPs don’t require sharing card details with merchants.

FinTech 59

FinTech Online and Mobile Banking Push-to-Card Payer 59

PYMNTS

FEBRUARY 1, 2017

Instead, customers pay by touching their contactless card or mobile device to the terminal, making it perfect for quick purchases in coffee shops, supermarkets and local retailers. And it’s a safe method of payment, using the same industry-standard secure encryption technology as chip-and-PIN.

Contactless Payments 40

Contactless Payments Transactions Payments Card Association 40

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. Customers enjoy the convenience of paying with their credit or debit cards anywhere and everywhere.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Mobile Payments 88

PYMNTS

DECEMBER 6, 2019

Tokenization can help encrypt that payment information, allowing merchants to securely keep consumers’ cards on file for recurring payments while preventing the risk that card data will be compromised. .

Enrollments 52

Enrollments B2C Compromise Blocks 52

BNG Payments

JANUARY 7, 2022

Making your online store PCI compliant is essential for protecting your customers and business from credit card payment risks. To do so, you need to ensure that all of your web pages are encrypted and that you have a secure checkout process. If not, inquire why. Use EMV Terminals EMV stands for Europay, Mastercard, and Visa.

Credit Cards 52

Credit Cards Mitigation Risk PCI DSS 52

BNG Payments

FEBRUARY 4, 2022

With the use of cash dwindling as a payment preference, debit and credit cards and ACH take over as the predominant payment methods. Be sure to consider if your nonprofit will accept all major credit cards (Visa, MasterCard, Discover and American Express) or only some.  Is the processor transparent with its pricing?

Credit Cards 52

Credit Cards Process Processors Online and Mobile Banking 52

Clearly Payments

DECEMBER 5, 2023

Payment processors play a crucial role in modern commerce by enabling various forms of payment, including credit cards, debit cards, electronic funds transfers, and digital wallets. In the 1990s, the internet revolutionized commerce, and with it, online credit card processing emerged.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

EBizCharge

JULY 2, 2024

It also enhances security, as modern contactless payment options like digital wallets and chip cards are equipped with advanced encryption, protecting sensitive customer information from potential fraud. Customers can securely store their payment card information and use their smartphones for transactions.

Contactless Payments 52

Contactless Payments Payments Disputes Online and Mobile Banking 52

PYMNTS

AUGUST 5, 2016

Consumers always have their debit card handy and and can provide that number to a sender – knowing that if something goes wrong they are protected. 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. Unencrypted POS Data.

Bitcoin 43

Bitcoin Multi-Currency Push-to-Card Chip Cards 43

PYMNTS

JANUARY 2, 2017

For the October tracker , PYMNTS spoke with Randy Vanderhoof, executive director of Smart Card Alliance, about how companies can protect consumer data in the highly connected IoT age. He pointed out that encryption and tokenization solutions have been among the most effective approaches to keeping data safe in the world of IoT.

ACH 49

ACH Online and Mobile Banking Cross-Border Same Day ACH 49

PYMNTS

APRIL 22, 2020

He said that in terms of eCommerce in China, for example, there’s been decreasing use of not only cash, but credit and debit cards too. But with 5G, he said, with high encryption capability at the services layer, security is much stronger.

Governance 56

Governance Government Use Case Privacy 56

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.

Process 52

Process Security Payment Gateways Encryption 52