Stax

APRIL 3, 2025

Theyre easy to integrate and set up, with the host taking care of data security measures, including PCI compliance and fraud protection. Businesses using self-hosted gateways must handle data security measures and comply with industry standards like PCI DSS. But with more control comes great responsibility.

Payment Solutions

Stax

APRIL 8, 2025

Credit card network – Mastercard, Visa, American Express, and Discover are the biggest payment networks in the US. While a credit card network like Mastercard sets the interchange rates , the fee itself goes to the card issuer. to $0.15), while Mastercard increased its Excessive Authorization Attempts Fee ($0.30

Credit Cards

Stax

NOVEMBER 21, 2024

It also ensures that data security best practices, particularly PCI DSS (Payment Card Industry Data Security Standards) requirements , are followed to the letter to prevent any breach or loss of sensitive customer data.

Credit Cards

The Payments Association

JUNE 3, 2025

While still central to security, modern tokenisation addresses broader demands: interoperability across platforms, reduced operational costs, and improved customer experience. Many merchants also benefit from lower interchange and network fees for tokenised transactions, making it a cost-effective solution as well as a secure one.

Security

Clearly Payments

MARCH 14, 2025

Visa, Mastercard). Payment Gateway Secures transaction data and transmits it to the payment processor. Payment Rails Operator Manages infrastructure for card networks (VisaNet, Mastercard Network, etc.). Tokenization : Converts sensitive card data into a unique token, reducing the risk of data breaches.

Credit Cards

Stax

MAY 5, 2025

Through Visa, Mastercard, Apple Pay, or money transfers, the gateway enables more payment options for users and businesses. It is crucial to consider features like recurring billing, multilingual and multi-currency support, scalability, data security compliance, and customer support service.

Payment Gateways

Stax

JANUARY 21, 2025

For example, most payment gateways accept payments from major credit cards like Visa and Mastercard, but only a small percentage accept Discover and American Express. Look for PCI DSS-compliant payment gateways that optimize the security of credit and debit card transactions.

Payment Gateways

Stax

JUNE 8, 2025

Card network – These are the credit card brands you’re familiar with, such as Visa, American Express, or Mastercard. Acquiring bank – Also called the merchant account provider, an acquiring bank is the bank hosting your credit card processing account, and will deposit funds from the transaction into your account.

Payment Gateways

The Payments Association

NOVEMBER 12, 2024

Vendor Dependence: Reliance on a third party for critical functions and data security. Data Privacy Concerns: Sharing sensitive data with vendors may introduce privacy and compliance risks. Limited Customisation: May not fully meet all specific organisational requirements.

Financial Crimes

Finextra

JUNE 26, 2025

PCI DSS stands for Payment Card Industry Data Security Standard. It applies to any business that stores, processes, or transmits cardholder data. This standard was created by major card brands like Visa and Mastercard to protect card data from theft.

PCI DSS

Stax

JANUARY 28, 2025

The payment system unified all the distinct online checkouts offered by Visa, American Express, Mastercard, and Discover, and once customers register their cards with any of the major card networks, they only need to tap the Click to Pay button on the websites of online retailers and service providers to make payments.

Payment APIs and Integration

Stax

MARCH 11, 2025

The payment processor : this is the payment services provider that handles the verification and transfer of data and funds between the financial institutions involved in that transaction. Some payment gateways use tokenization to secure sensitive customer details.

Online Payment Processing

Stax

NOVEMBER 14, 2024

Card Association: Visa, Mastercard, American Express, and Discover. You are essentially paying Visa, Mastercard, Amex, and Discover for the ability to accept their cards. PCI compliance refers to a business’s adherence to the Payment Card Industry Data Security Standard, a set of guidelines to safeguard sensitive consumer data.

Credit Cards

Stax

MARCH 18, 2025

They set interchange fees and security standards for processing payments. Popular card networks include Visa, Mastercard, Discover, and American Express. A payment gateway securely transmits customer data to the payment processor. Card networks – The organizations that govern credit and debit card transactions.

Process

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

Finextra

JUNE 18, 2025

According to the Mastercards 2025 State of Chargebacks report, abuse of chargebacks is a rapidly growing problem, with both merchants and FIs taking a significant hit. And things are about to get worse. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre. Please read our Privacy Policy.

Issuers

Stax

JULY 7, 2025

Different types of credit card processing fees: Interchange fees: Interchange fees are set by card networks like Visa, Mastercard, and Discover and are paid by the merchant’s bank to the customer’s bank for each transaction. Visa, Mastercard, Discover) has its own rules and guidelines for surcharging, particularly around signage.

Credit Cards

EBizCharge

JANUARY 16, 2025

MCCs are set by major credit card networks such as Visa, MasterCard, American Express, and Discover when merchants set up their credit card processing accounts to ensure transactions are accurately processed, and interchange fees are correctly applied. Who sets merchant category codes?

Credit Cards

Payments Dive

JULY 15, 2025

The banks also argue that the rule does not adequately specify liability protections for data fraud when they share information with third parties, nor does it allow, they contend, for appropriate compensation to banks for data security and other investments they’ve made. Please select at least one newsletter.

FinTech

Innovative Payments Association

MARCH 12, 2025

Scheduled for June 26 in New York City, the event will serve as a critical platform for banks, credit unions, fintechs, and technology providers to explore the real-world applications of Open Banking and its impact on financial inclusion, regulatory compliance, and data security.

Regulatory Compliance

Fintech News

NOVEMBER 13, 2024

Mastercard announced plans to revamp online checkout procedures by 2030, aiming to eliminate manual card entry and passwords. Mastercard’s research indicates that two-thirds of shoppers struggle with manually entering their card details online. said Jorn Lambert, Chief Product Officer at Mastercard.

Visa

Fintech News

DECEMBER 10, 2023

Mastercard, in partnership with NEC , is set to pilot a facial recognition-based checkout system in Asia. This initiative reflects the region’s keen adoption of new technologies, with over 80 percent of Mastercard transactions in Asia being contactless.

Visa

Fintech News

AUGUST 13, 2024

Paymentology, a global issuer-processor, announced that it has secured certification with Mastercard’s Cloud Edge, furthering its strategy to offer cloud-based payment solutions. Mastercard’s Cloud Edge allows connections to Mastercard from various cloud providers and supports multiple connectivity options.

Visa

Payments Source

OCTOBER 30, 2020

Mastercard has rolled out a set of AI-powered tools to thwart fraud and data breaches across banks' ecosystems, particularly to benefit acquirers’ online merchants.

Visa

PYMNTS

JUNE 24, 2020

Specifically, payments giants are buying up data aggregators, which let consumers share data with thousands of apps — and in the process are taking on the roles of trusted intermediaries as information flows across the financial services landscape. The move is designed to strengthen Mastercard’s push into open banking in the U.S.,

Visa

Fintech Finance

NOVEMBER 5, 2024

NatWest has partnered with Mastercard to launch a new mobile virtual card payment solution for business – Approval2Buy with Mobile Virtual Cards. End-users and companies will also benefit from reduced admin time spent reporting and reconciling expenses thanks to the pre-populated expense data feature.

Visa

PYMNTS

JULY 31, 2019

Mastercard is collaborating with Bahrain’s Electronic Network for Financial Transactions ( BENEFIT ) to develop a blockchain-powered B2B payments solution, according to a press release Tuesday (July 30). According to reports in TahawulTech, the initiative marks Mastercard’s first national-scale blockchain project in the Middle East.

Blockchain

PYMNTS

FEBRUARY 7, 2020

“The IoT [ Internet of Things ] digital explosion is changing everything that happens around us,” Mastercard Executive Vice President of Security and Cyber Innovation Johan Gerber noted in a recent conversation with Karen Webster. Creating Common Rules. The New Commerce Paradigm.

Economy

Payments Source

OCTOBER 24, 2019

Responding to the fast pace of payments technology and its impact on privacy and data security, Mastercard plans to recruit a range of companies, educational institutions and agencies to produce a set of best practices.

Visa

Payments Source

JULY 30, 2020

Mastercard reported a sharp decline in payments in its most recent quarter, but some digital seeds it planted before the coronavirus pandemic are already bearing fruit.

Visa

Payments Source

APRIL 15, 2019

Mastercard is calling for a global consumer digital identity bill of rights to be adopted by businesses, governments and regulators as it prepares to launch a digital ID management service later this year.

Visa

Fintech Finance

AUGUST 13, 2024

Paymentology , the leading global issuer-processor, today announces its connection to Mastercard leveraging Mastercard’s Cloud Edge, further advancing its comprehensive cloud-first strategy to deliver next-generation payment solutions across the globe. The new certification aligns seamlessly with Paymentology’s cloud-first approach.

Issuers

Payments Source

APRIL 4, 2019

System breaches similar to events at Equifax and Marriott could just as easily happen to credit unions, leading Mastercard and the credit union service organization, PSCU, to take protective measures.

Credit Union

PYMNTS

OCTOBER 24, 2019

Mastercard is introducing a Data Responsibility Imperative to spark a conversation with other companies about data security, Mastercard said in a press release on Oct. Mastercard wants organizations to work together to heighten privacy and fend off cyberattacks.

Privacy

PYMNTS

DECEMBER 23, 2019

Mastercard is purchasing artificial intelligence (AI) and analytics startup RiskRecon to accelerate the development of cybersecurity solutions, Mastercard announced on Tuesday (Dec. Cyberattacks have become a critical issue for companies of all sizes and a threat to privacy and data security.

Cybersecurity

Payments Source

AUGUST 23, 2019

Mastercard Inc.’s s European unit formally notified Belgian and German data-protection regulators of a data lapse concerning a loyalty program, officials said on Friday.

Visa

PYMNTS

AUGUST 27, 2019

In a PYMNTS video interview with Karen Webster, Andrea Gilman, senior vice president of product management, new payments at Mastercard , said that headline number shows increasing awareness on the part of organizations large and small of ePayables as a viable option as they seek to cut their reliance on cutting checks.

Visa