The Payments Association

JUNE 3, 2025

Moreover, network tokenisation reduces the regulatory burden by eliminating the need to store sensitive card data, supporting the Payment Card Industry Data Security Standard (PCI DSS) compliance and lowering the risk of data breaches.

Security 88

Security Payment Security Payment APIs and Integration Credential 88

Stax

MARCH 5, 2025

To choose the right solution, you need to look at various factors when evaluating potential providers, including supported payment types, transaction fees and pricing structures, payout speed, and PCI DSS compliance. Security Its a given to have a provider that protects cardholder data in this digital age.

Credit Card Payment Processing 88

Credit Card Payment Processing Credit Cards Process Payment Gateways 88

My Payment Savvy

JUNE 16, 2025

It collects payment data, secures sensitive information, and connects all parties needed to move money from your customer’s bank to yours. Unlike payment processors, which handle backend money transfers, payment gateways focus on securely capturing payment methods.

Payment Gateways 52

Payment Gateways Gateways Online and Mobile Banking PCI DSS 52

EBizCharge

FEBRUARY 26, 2025

NetSuite automates key aspects of the payment process, including authorization, capture, and settlement, reducing manual effort and minimizing errors. Additionally, it includes security features such as tokenization, encryption, and fraud prevention tools to ensure compliance with Payment Card Industry Data Security Standards (PCI DSS).

Credit Cards 52

Credit Cards Process Payment Gateways Payment APIs and Integration 52

EBizCharge

NOVEMBER 27, 2024

The gateway acts as the intermediary that collects, encrypts, and transmits transaction data to the payment processor. This integration ensures a seamless and secure transaction flow. Transaction settlement: After a payment is authorized, the merchant account facilitates the settlement process.

Accounts 52

Accounts Payment Gateways Gateways Payment APIs and Integration 52

EBizCharge

APRIL 24, 2025

Increased security and compliance: Reputable Salesforce payment integrations are designed with strong security protocols and compliance with Payment Card Industry Data Security Standards (PCI DSS). What reporting features can I access after integrating my payment gateway?

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Payments 52

EBizCharge

MAY 22, 2025

These include regulations such as Payment Card Industry Data Security Standards (PCI-DSS), General Data Protection Regulation (GDPR), and local and industry-specific invoicing laws like the Health Insurance Portability and Accountability Act (HIPAA).

Process 52

Process Best Practices Reconciliation Automation 52

Fintech Finance

SEPTEMBER 20, 2024

INIT used NMI’s straightforward API to embed the NMI Gateway into its transport ticketing solution to establish a secure and efficient ‘open loop’ system. When a passenger ‘taps on’, the NMI Gateway processes initial authorization and card tokenization, as well as subsequent authorization and settlement at ‘tap-off.’

Contactless Payments 96

Contactless Payments PCI DSS Payment APIs and Integration Gateways 96

Clearly Payments

MAY 2, 2024

Funding and Settlement Period : This section details when the funds from transactions will be deposited into your bank account. Also ensure you review any fees for settlement. PCI Compliance Fees : To comply with the Payment Card Industry Data Security Standard (PCI DSS) , processors might charge a fee.

Process 105

Process PCI DSS Processors Payments 105

Stax

SEPTEMBER 17, 2024

When consumers have faith in your business and capabilities to protect their data, they’re more likely to shop with you. There are 12 requirements under PCI DSS, divided into six major categories. Each requirement plays a critical role in building a secure environment for payment processing. What is PCI Compliance?

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Stax

MARCH 6, 2024

The role of payment gateways in recurring billing Payment gateways play a crucial role in the recurring billing process by securely processing and managing the transactions between customers and businesses. These standards ensure that customer payment information is handled securely and that transactions meet legal requirements.

Best Practices 88

Best Practices PCI DSS Payment Gateways Gateways 88

Payment Savvy

MAY 11, 2023

Security: Visa has strict security requirements to protect cardholder data and prevent fraud. As a merchant, you will need to comply with the Payment Card Industry Data Security Standard (PCI DSS) and other security regulations to ensure the safety and security of Visa transactions.

Rules 52

Rules PCI DSS Disputes Payment Networks 52

Stax

APRIL 30, 2024

Highest level of PCI security compliance that keeps payment data secure. Security and Compliance in Merchant Processing Any business that accepts credit and debit card payments must be compliant with the Payment Card Industry Data Security Standards (PCI DSS).

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

Segpay

FEBRUARY 24, 2025

Last January, Segpay proudly announced that it has launched its new gateway payment platform: The Segpay Gateway can handle high volumes of merchant transactions in multiple currencies, keeping all data safe with the latest data security standards. Key Functions of a Payment Processor: Transfers transaction data securely.

Payment Gateways 45

Payment Gateways Processors Gateways Payment Service Provider (PSP) 45

The Payments Association

OCTOBER 4, 2024

However, international transactions come with their own set of challenges, including fluctuating exchange rates, varying regulations, and complex settlement processes. Card networks must manage these challenges while ensuring that transactions are fast, secure, and cost-effective for both merchants and consumers.

Online and Mobile Banking 88

Online and Mobile Banking Cross-Border Payments Cross-Border Alternative Payment Methods 88

Payment Savvy

JULY 3, 2024

The transaction is completed if approved, and the funds are held for settlement. Clearing and Settlement At the end of a business day or a predetermined period, the merchant batches all approved transactions and submits them to the acquiring bank for settlement. PCI DSS Compliance This is the cornerstone of debit card security.

Debit Card 52

Debit Card Process PCI DSS Online and Mobile Banking 52

EBizCharge

AUGUST 12, 2024

Put simply, merchant acquirers focus on merchant relationships and transaction settlement, while card issuers focus on cardholder accounts, and payment processors ensure smooth data transmission between all parties involved. If approved, the merchant completes the sale.

Credit Cards 52

Credit Cards Acquirers Process Debit Card 52

Stax

FEBRUARY 15, 2024

Payment processors handle transaction authorization, settlement, and security, ensuring seamless and secure payment experiences. Regulatory compliance and security standards – ISVs and PayFacs prioritize compliance and security in their respective roles. Q: Is a PayFac a payment processor?

ISVS 88

ISVS Facilitators ISOs Payment APIs and Integration 88

Stax

AUGUST 29, 2024

Step 3: Authorization, settlement, and reconciliation The payment gateway software will now send your customer’s payment information to your PSP to verify, authorize, and settle the transaction. The provider must follow all industry security best practices including top-level encryption protocols and access controls.

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking 88

Clearly Payments

JULY 11, 2024

PCI Compliance Fees: Fees for maintaining compliance with Payment Card Industry Data Security Standards (PCI DSS). Non-Compliance with PCI Standards: Payment Card Industry Data Security Standards (PCI DSS) compliance is mandatory for businesses handling card transactions.

Process 52

Process PCI DSS Processors Non-Bank 52

Clearly Payments

APRIL 3, 2024

At its core, it involves the authorization, capture, and settlement of transactions. Transaction Settlement Batch Processing: Approved transactions are grouped into batches by the merchant’s POS system or payment gateway. It then sends an approval or denial response back through the card network to the payment processor.

Process 59

Process Processors Online and Mobile Banking Payments 59

EBizCharge

NOVEMBER 21, 2024

In credit card settlements, the effective date is the day the processed funds are credited to the merchant’s account. Merchants should regularly review their settlement reports to track these dates and ensure that all payments align with their financial planning.

Procedures 52

Procedures Mitigation Wire Transfer Payments 52

Stax

DECEMBER 20, 2023

Secure transactions ensure you can maintain a trustworthy reputation with past and future customers, as well as reducing the financial losses that come from the fines and legal fees associated with compromising customer data. One of the most famous data breaches happened to Target in 2013.

Credit Cards 88

Credit Cards Small Business Process Security 88

Segpay

JUNE 13, 2024

Target’s 2017 multistate settlement of $18.5 million is a constant reminder of why secure online payments are a priority for businesses and consumers who bank on online payments. This underscores why businesses must implement robust cybersecurity measures to guarantee secured transactions in this digital landscape.

Best Practices 40

Best Practices Processors Transactions Security 40

PayHawk

APRIL 18, 2023

Dual Message System A payment processing system that sends two separate messages for each transaction, one for authorization and one for clearing and settlement. PCI DSS Payment Card Industry Data Security Standards, a set of security standards designed to protect payment card data.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

Stax

MAY 7, 2024

Learn More Understanding Credit Card Processing Fees Credit card processing refers to the transactional processes involved in securing a credit card transfer between a buyer and a seller. The transactional procedures are the authorization, clearing, and settlement processes of the funds being transferred.

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

Clearly Payments

DECEMBER 5, 2023

Transaction Settlement: After authorization, the payment processor initiates the transfer of funds from the buyer’s account to the seller’s account. Moreover, they manage complex processes such as fund settlement and provide comprehensive reporting and reconciliation services.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

Evolve Payment

MARCH 21, 2024

Between the alphabet soup of acronyms (PCI? More specifically, the OCC labels a merchant processing activity as: “the settlement of credit and debit card payment transactions by banks for merchants through various card associations.” You’re not alone. Don’t get us started!), What is merchant processing?

Process 52

Process Gateways Processors Credit Cards 52

Stax

JULY 9, 2024

Key regulations governing EFT payments include the National Automated Clearing House Association (NACHA) rules, which establish guidelines for ACH transfers, and the Payment Card Industry Data Security Standard (PCI DSS), which sets security standards for handling card information.

Electronic Fund Transfer Act (EFTA) 88

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88

EBizCharge

JUNE 6, 2025

Security and PCI compliance: Ensure the gateway is compliant with Payment Card Industry Data Security Standards (PCI DSS) and offers comprehensive security features, such as encryption, tokenization, and fraud prevention tools.

Payment Gateways 52

Payment Gateways Gateways Payments Risk 52

EBizCharge

JUNE 6, 2024

They ensure that the system is implemented effectively, that customer transactions are handled efficiently and securely, and that businesses can maximize the benefits of using Dynamics 365 for their financial operations. Data security measures Securing sensitive payment information is paramount when processing credit card transactions.

Credit Cards 52

Credit Cards Process Payment Gateways Gateways 52

EBizCharge

APRIL 26, 2024

These regulations include the Payment Card Industry Data Security Standard (PCI DSS) and the Generally Accepted Accounting Principles (GAAP). Failure to comply with these requirements can lead to penalties, fines, legal liabilities, reputational damage, and disruption of business operations.

Accounts 52

Accounts Best Practices Disputes Procedures 52

EBizCharge

MAY 13, 2024

By replacing manual data entry and paper-based processes with automated systems, businesses achieve faster processing times and reduced account settlement cycles. Enhancing efficiency: Efficiency is at the heart of AR automation.

Automation 52

Automation Disputes Payments Process 52