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Payment Gateway vs Payment Processor: What You Need to Know

Stax

Payment Gateway Payment Processor Primary Function Secures and transmits card data between the customer and the processor Facilitates the actual movement of funds between the customer’s and merchant’s banks Used For Online or card-not-present (CNP) transactions (e.g. Q: What is a Payment Gateway and when is it used?

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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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What is a BIN in Payment Processing

Clearly Payments

Payment processors typically must apply for membership and meet the network’s standards, including security, compliance, and transaction volume criteria. Compliance with Network Standards : Visa and Mastercard, for example, require strict adherence to Payment Card Industry Data Security Standards (PCI DSS).

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The Ultimate Guide to Ecommerce Payment Solutions

Stax

Theyre easy to integrate and set up, with the host taking care of data security measures, including PCI compliance and fraud protection. The details are then encrypted and transmitted to a third-party payment gateway for authorization. This protects sensitive payment data from interception by cybercriminals.

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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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Antom Receives SOC 2 Type II Certification as It Enhances Unified Merchant Payment Services

Fintech Finance

Antom , a leading unified merchant payment services provider under Ant International, has received Service Organization Control (SOC) 2 Type II certification, a globally recognised benchmark for data security and privacy protection. Real-time transaction scanning with millisecond-level risk decision.

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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).