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What to Know About Tokenization

Basis Theory

As a merchant, to understand tokenization for your own benefit, it’s critical to understand: What tokenization is, why it’s important for payments, and how it compares to encryption. How tokenization applies to being PCI compliant and meeting the 12 PCI DSS requirements. Return to Top Why use a tokenization platform?

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The 12 PCI DSS Requirements to Ensure PCI Compliance

Stax

If merchants are exposed to security vulnerabilities when processing digital payments, the risk of cardholder data falling into the wrong hands increases exponentially. This is why PCI DSS compliance is critical. In this article, we’ll discuss why your business needs to ensure PCI compliance and what the 12 PCI DSS v4.0

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PCI requirements and who needs to follow them

Basis Theory

Today, the framework introduced in the early 2000s outlines 12 PCI requirements that merchants must satisfy to process credit card transactions on the card networks. Failure to meet these standards could result in fines or bans as a merchant or service, rendering you unable to process payments or send payment data with the major networks.

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Understanding the Nature of Payment Gateway Integration For Your Mobile App

Stax

While some payment processors offer robust, clearly written guides, others may provide outdated or incomplete documentation. Consider this from both the perspective of the gateway and the payment processor. Start first with a payment processor that can grow with you. This allows you to manage everything from one central system.

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Accepting Online Payments with Internet Merchant Accounts

EBizCharge

It serves as an intermediary between a merchant and a payment processor, facilitating the transfer of funds during online transactions. This number helps payment processors and banks identify the merchant and track payments accurately. Data encryption: Data is encrypted and sent to the payment processor.

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Understanding Payment Processing Costs in Acumatica and How You Can Save

EBizCharge

By integrating a payment processor, companies can improve cash flow, reduce administrative burdens, and gain better visibility into payment activities. These fees typically include interchange fees, which go to the card-issuing bank, assessment fees charged by the card networks, and payment processor fees for handling the transaction.

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A Complete Guide to Securely Process Credit Cards in Sage 100

EBizCharge

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).