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These figures reflect Australia’s heavy reliance on digitalpayments and card-based transactions for everyday purchases and online commerce. However, with this widespread adoption comes an equally significant risk which is the growing threat of data breaches and payment fraud. The latest version PCIDSS v.4.0
Payment security A reliable Sage 100 payment processing solution will protect customer payment information by implementing robust security protocols and ensuring full compliance with Payment Card Industry Data Security Standards (PCI-DSS).
Finding the right payment gateway for your business in 2025 is a critical step toward ensuring seamless online transactions, boosting customer satisfaction, and securing your revenue streams. FAQs regarding payment gateways FAQs regarding payment gateways What security features do payment gateways offer?
Cash payments are passé. Consumers are increasingly opting for debit and credit cards or other digitalpayment methods—for in-store and eCommerce purchases alike. This was a huge leap from 2018 when only 29% used cashless payments for the same. Unfortunately, personal data is most sought-after by criminals.
Payment tokenization is a subset of data tokenization where tokens replace confidential paymentdata such as customer credit card information. With payment tokenization, the actual credit card data isn’t stored thereby making digitalpayment transactions more secure.
Therefore, merchants should offer popular payment options that provide consumers flexibility and robust security features to protect sensitive data. For this, look for payment providers that are compliant with relevant regulations and standards, like the Payment Card Industry Data Security Standard (PCIDSS).
Digitalpayments have become such an integral part of our daily lives that it is challenging to imagine what our world would be like without them. Online stores can now start accepting payments for goods and services in a matter of days. Yet, just a decade ago, their prevalence was less widespread.
A payment gateway is a must-have for online stores. In fact, research from 2023 shows that 69% of Americans said they’ve used a digitalpayment method in the past 3 months when making a purchase. And the best way for online businesses to start accepting payments is with a payment gateway.
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