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What is a Payment Processing System and How Does It Work?

Stax

Measures such as encryption, tokenization, and fraud detection are vital for protecting payment transactions from cyber threats, fraud, and data breaches. While theres a level of digital fraud risk, most digital payment processing systems have robust security measures, such as encryption, tokenization, and fraud detection.

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Merchant-facing regulation: What merchants need to know in 2025

The Payments Association

These developments will impact merchant compliance, cost structures, customer experience, and operational risk. Merchants continue to face elevated abandonment rates, soft declines, and disputes linked to poor SCA execution, particularly for recurring transactions, mobile checkout, and low-value exemptions. Why is it important?

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Best Online Gaming Payment Gateway: Secure Payment Solutions for Gamers

Segpay

Security & Fraud Prevention Given the high-risk nature of online gaming, security is non-negotiable. Look for a gateway that includes PCI compliance, fraud detection tools, chargeback mitigation strategies, and AI-driven risk analysis to protect transactions and user data.

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What is a Payment Facilitator: Understanding PayFac

EBizCharge

Support and services: PayFacs typically offer a more comprehensive suite of services, including billing, customer support, and handling disputes. Payment processors focus on processing payments and often require merchants to handle frontline customer service and dispute resolution.