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What to Know About Tokenization

Basis Theory

Because sensitive card data is replaced by a token and cardholder data is stored off your systems, the PCI compliance scope is greatly reduced. In practical terms, this means there are fewer PCI requirements you need to comply with within your self-administered systems, reducing cost and risk.

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How PCI DSS Compliance Protects Australian Businesses from Data Breaches?

VISTA InfoSec

However, with this widespread adoption comes an equally significant risk which is the growing threat of data breaches and payment fraud. Source – credit card debt statistics 2025 and Australian debit card statistics ) As digital transactions continue to grow, so do the challenges of protecting sensitive customer data.

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How are Interchange Fees Calculated?

Stax

Apart from keeping complex payment structures running, interchange fees compensate issuing banks for taking on cardholder credit risk, and help card companies fund rewards programs. Card networks must maintain them properly and pay for fraud prevention tech (data encryption, tokenization, real-time tracking, etc.).

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Cybertech: Securing the Foundations of Finance

Fintech Review

However, as services become more digitised, the risks multiply. It covers the tools, platforms, and strategies that defend against data breaches, fraud, identity theft, and financial disruption. In the financial sector, it includes fraud detection, threat intelligence, data encryption, biometric verification, and risk monitoring.

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A Complete Guide to Securely Process Credit Cards in Sage 100

EBizCharge

By protectin g payments in Sage 100, your company can reduce the risk of data breaches and fraud, ensuring a secure experience for all parties involved. Poor PCI compliance: Poor PCI compliance that fails to meet industry security standards can put businesses at risk due to increased vulnerabilities and potential penalties.

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Understanding the Nature of Payment Gateway Integration For Your Mobile App

Stax

A chosen Payment Gateway should comply with up-to-date security standards, like PCI DSS (Payment Card Industry Data Security Standard), data encryption, and tokenization, and have effective fraud prevention measures.

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How To Find the Best Payment Gateway for Your Business in 2025

EBizCharge

Data encryption is crucial for a payment gateway since it converts sensitive information, like credit card details, into a secure format to prevent unauthorized access during online payments. Strong encryption builds trust with customers and reduces the risk of data breaches. How much does a payment gateway cost?