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

Stax

Ensure the gateway offers PCI DSS compliance, encryption, tokenization, and fraud prevention tools to safeguard transactions. The payment gateway collects and encrypts sensitive customer payment details and then securely sends them to the payment processor. Learn More What is a Payment Gateway?

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The Anatomy of a Credit Card Transaction

Clearly Payments

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. PCI DSS Compliance : Merchants and payment providers must adhere to Payment Card Industry Data Security Standards (PCI DSS) to protect cardholder data.

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

Stax

Payment gateway – The service that encrypts and securely sends payment details from the customer to the payment processor and back to the merchant. Payment information is encrypted and sent for authorization – The payment gateway encrypts and sends the payment details to the payment processor.

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The Ultimate Guide to Ecommerce Payment Solutions

Stax

The details are then encrypted and transmitted to a third-party payment gateway for authorization. Businesses using self-hosted gateways must handle data security measures and comply with industry standards like PCI DSS. But with more control comes great responsibility.

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Beyond the Firewall: Rethinking Payment Data Security

Finextra

While enterprise systems like ERP and CRM often have strong security protocols, these systems don’t operate in a vacuum. Why Traditional Defences Fall Short Historically, businesses have relied on layered security controls like encryption, firewalls, and access policies to protect payment information. That’s where the real risk lies.

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Choosing the Right Payment Gateway for Your Specific Business Needs

My Payment Savvy

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. This tokenization keeps the sensitive card information off your servers, reducing the risk of a data breach and easing PCI DSS compliance.

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How To Integrate a Payment Gateway into Salesforce

EBizCharge

Popular customer relationship management (CRM) platforms like Salesforce continue to streamline these operations with robust sales, marketing, and service tools, making the ability to process payments directly within this system the cherry on top. When your payment system and Salesforce CRM are in harmony, workflow becomes more efficient.