Clearly Payments

JUNE 3, 2024

Tokenization in payments is a security process that transforms sensitive payment data, such as credit card numbers, into a unique string of characters called a token. This token acts as a stand-in for the original data, rendering it useless to anyone who might intercept it. What is Tokenization?

PCI DSS 59

PCI DSS Payment Gateways Gateways Payments 59

Fintech News

DECEMBER 5, 2024

. “Smile to Pay” by Alipay uses advanced facial recognition powered by AI to analyse facial features and create a secure biometric template matched with the user’s profile in Alipay’s database. Conversational payments are also transforming transactions in India, making them easier and more inclusive.

CHIPS 98

CHIPS Payment APIs and Integration Payments Encryption 98

EBizCharge

JULY 29, 2024

ERP payments are transactions processed within an ERP system. By using ERP payments, companies benefit from a streamlined approach to managing both inbound and outbound financial transactions. This integration ensures that payment data is accurate, secure, and easily reconcilable with all other business operations data.

Product 52

Product Payments Electronic Funds Transfer (EFT) Compliance 52

Segpay

APRIL 22, 2024

During checkout, Michael enters his credit card information into the payment gateway. The gateway sends the card details to the tokenization system, which replaces Michael’s card number with a unique, randomly generated token, such as “j7w8fh42z1.”

Data Breach 52

Data Breach Online and Mobile Banking Risk PCI DSS 52

BNG Payments

FEBRUARY 4, 2022

A third-party processor is a provider that allows a business to accept payments without opening its own merchant account. This triggers the payment processor to send the transaction through a payment gateway which verifies the validity of the card and checks if the donor is a human (not a robot) and the card is not fraudulent.

Credit Cards 52

Credit Cards Process Processors Online and Mobile Banking 52

Basis Theory

OCTOBER 1, 2024

By outlining, defining, and enforcing standards for storing, processing, and transmitting cardholder data, the Payment Card Industry Security Standard (PCI DSS) gave organizations a security framework that brought trust and commerce to the internet.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Fintech News

DECEMBER 5, 2024

. “Smile to Pay” by Alipay uses advanced facial recognition powered by AI to analyse facial features and create a secure biometric template matched with the user’s profile in Alipay’s database. Conversational payments are also transforming transactions in India, making them easier and more inclusive.

CHIPS 126

CHIPS Payment APIs and Integration Payments Encryption 126