Payment Savvy

MAY 11, 2023

Failure to comply with the rules may result in fines, penalties, or termination of a member’s participation in the Visa network. The Visa Core Rules can be accessed on the Visa website, and all participating members are expected to familiarize themselves with the guidelines and implement them in their day-to-day operations.

Rules 52

Rules PCI DSS Disputes Payment Networks 52

Clearly Payments

MARCH 22, 2024

Regulatory compliance is another critical aspect of ensuring security and trust in mobile payments. Mobile payments provide an accessible and convenient way for people in these regions to participate in the digital economy, leading to greater financial inclusion.

Contactless Payments 105

Contactless Payments Online and Mobile Banking Mobile Payments Payments 105

Payment Savvy

JULY 3, 2024

The acquiring bank forwards the batched transaction data to the appropriate card network for processing. The card network calculates the net settlement amounts for each participating bank and facilitates the transfer of funds between the issuing and acquiring banks. PCI DSS Compliance This is the cornerstone of debit card security.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Clearly Payments

JULY 11, 2024

The Complexity of Payment Processing The payment processing value chain has multiple participants and steps, including the merchant, the customer, the acquiring bank , the issuing bank , and the payment processor. PCI Compliance Fees: Fees for maintaining compliance with Payment Card Industry Data Security Standards (PCI DSS).

Process 52

Process PCI DSS Processors Non-Bank 52

EBizCharge

JULY 24, 2024

Moreover, P2P platforms must also comply with the Payment Card Industry Data Security Standards (PCI DSS) when processing debit card and credit card transactions. Compliance is mandatory to ensure cardholder data security, prevent fraud, and build user trust.

P2P 52

P2P PCI DSS Encryption Fraud Prevention 52

Segpay

JUNE 13, 2024

Experts recommend a multi-layered security approach that requires human vigilance and tech solutions. Compliance with Industry Standards Your business should comply with industry bare minimums like Payment Card Industry Data Security Standard (PCI DSS). Ultimately, cybersecurity is a shared responsibility.

Best Practices 40

Best Practices Processors Transactions Security 40

PCI Security Standards

NOVEMBER 18, 2024

Recently, PCI SSC published a new information supplement called PCI DSS Scoping and Segmentation Guidance for Modern Network Architectures. I am joined by Kandyce today to help walk us through what made this particular Special Interest Group and topic so special.

PCI DSS 187

PCI DSS Data Security Security Participant 187