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A few renowned mobile payment gateway providers include Stax, Braintree, PayPal, Stripe, Adyen, and Authorize.net. A chosen Payment Gateway should comply with up-to-date security standards, like PCIDSS (Payment Card Industry Data Security Standard), dataencryption, and tokenization, and have effective fraud prevention measures.
A gaming payment gateway encrypts financial data, prevents fraud, and ensures compliance with security standards like PCIDSS, giving users peace of mind while making deposits and withdrawals. Key PCIDSS Requirements: DataEncryption Ensuring all payment data is securely encrypted to prevent unauthorized access.
Compliance with Industry Standards Your business should comply with industry bare minimums like Payment Card Industry Data Security Standard (PCIDSS). PCIDSS compliance sets industry requirements that safeguard payment card data using encryption, firewalls, and regular security audits.
These may include credit cards, debit cards, eChecks, and digital wallets (like Google Pay, Apple Pay, Amazon Pay, PayPal, Venmo, etc.). It’s also the software in your POS system or card readers that processes the customer’s payment data in a brick-and-mortar setting.
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