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Key features to look for in an eCommerce payment solution include security and fraud protection, payment method variety, integration capabilities, chargeback protection and dispute resolution, and globalpayment support. In other words, you must be capable of taking care of the arising security responsibilities.
The Payment Card Industry Security Standards Council (PCI SSC) announced Tuesday (March 22) that it is joining forces with the European Card Payment Association (ECPA) to further the fight against globalpaymentdata theft.
The PCI Security Standards Council has issued a new datasecurity standard that will allow vendors to provide merchants with tap-and-go payment solutions that have been developed and lab-tested to protect paymentdata.
ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, and comforte AG, a leading provider of data-centric security solutions, have announced a partnership to help customers meet the new Payment Cards Industry DataSecurity Standards (PCI DSS) v4.0 PCI DSS v4.0
Retailers must protect customers’ card data from hackers who try to snatch payment details, and following best practices to ensure security requires adhering to the regulations established by the PCI SSC, a globalpayments industry forum.
A payment switch acts as a mediator between the payment gateway and financial institutions, allowing for the integration of various payment methods, for example, credit cards, debit cards, and mobile payments. Benefits like security and cost efficiency are just some of the advantages that come with using a payment switch.
Segpay is a globalpayment facilitator of online credit card processing for subscription-based content providers and e-commerce merchants. Segpay is a globalpayment facilitator of online credit card processing for subscription-based content providers and e-commerce merchants.
The Ministry of Finance in India is proposing that the government relax a directive that would require globalpayment firms to store the data of customers only locally. The news comes as countries around the globe are placing greater scrutiny on companies in how they handle customer data. as well as from trade bodies.
In the new Smarter Payments Tracker , PYMNTS examines how the flow of money and data across borders is creating a new ecosystem in which paymentsdata is as valuable as the funds themselves. Push payments are increasingly being upheld as a way to provide both parties with greater confidence in the transaction.
SWIFT , amid a continuing spate of headlines, said it had introduced Payments Controls , which is billed as an intelligent in-network solution to combat fraud, and is tied to the globalpayments innovation (gpi).
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Digital invoicing and payment collection links to simplify smartphone payments. Easy switch between POS and mobile payments using the Stax app. Highest level of PCI security compliance that keeps paymentdatasecure. Easy payment page setup through the Stripe dashboard.
PayFac as a Service’s vendors may guide businesses in obtaining licenses and security certifications that ensure compliance with industry standards. Risk mitigation Given that PayFacs handle the most sensitive information of customers – their paymentdata – they must keep it secure and detect unauthorized transactions.
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