Remove CRM Remove Disputes Remove PCI DSS
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The Ultimate Guide to Ecommerce Payment Solutions

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Key features to look for in an eCommerce payment solution include security and fraud protection, payment method variety, integration capabilities, chargeback protection and dispute resolution, and global payment support. Businesses using self-hosted gateways must handle data security measures and comply with industry standards like PCI DSS.

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The Anatomy of a Credit Card Transaction

Clearly Payments

PCI DSS Compliance : Merchants and payment providers must adhere to Payment Card Industry Data Security Standards (PCI DSS) to protect cardholder data. The merchant is notified and can provide evidence to refute the dispute. Chargeback Reports : Track disputed transactions and their resolution status.

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Looking for the Best Payment Gateway? Here’s How to Choose the Right One

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Ensure the gateway offers PCI DSS compliance, encryption, tokenization, and fraud prevention tools to safeguard transactions. Look for PCI DSS-compliant payment gateways that optimize the security of credit and debit card transactions. You can also dispute chargebacks from your account.

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

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You also have to manually reconcile payments with accounting, inventory, or customer relationship management (CRM) systems. Additionally, ensure the processor works well with other business tools like CRM, enterprise resource planning (ERP), and accounting software. Also, evaluate the providers dispute and chargeback resolution speed.

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Credit Card Processing for Small Business: Everything You Need to Know

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It also ensures that data security best practices, particularly PCI DSS (Payment Card Industry Data Security Standards) requirements , are followed to the letter to prevent any breach or loss of sensitive customer data. The company facilitates the transfer of information and funds between the customer’s bank and your business’ bank.

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Choosing the Right Payment Gateway for Your Specific Business Needs

My Payment Savvy

This tokenization keeps the sensitive card information off your servers, reducing the risk of a data breach and easing PCI DSS compliance. Strong, secure payment processing systems include tools that help prevent disputed charges. How does the gateway handle disputes, chargebacks, and fraud prevention?

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What is Integrated Payments and Should SaaS Companies Outsource Integrated Payments Support?

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SaaS companies must adhere to industry standards such as PCI DSS to ensure customer transactions are safe. Bonus Tip: Look for integrated payment solutions that are easily able to integrate with your related systems like your accounting software, point of sale system (POS system), CRM system, and other software.