EBizCharge

NOVEMBER 27, 2024

The gateway acts as the intermediary that collects, encrypts, and transmits transaction data to the payment processor. Fraud detection and security tools: Merchant accounts often include tools and standards to prevent fraud and enhance security, including Payment Card Industry Data Security Standards (PCI-DSS).

Accounts 52

Accounts Payment Gateways Gateways Payment APIs and Integration 52

Clearly Payments

JANUARY 8, 2024

Chargeback Risk: Chargebacks occur when customers dispute a transaction and request a refund directly from their bank. Implementing effective chargeback management practices is essential to minimize their occurrence and address disputes promptly. Chargebacks are generally the biggest concern that most merchants have.

Risk Management 97

Risk Management Risk PCI DSS Process 97

Clearly Payments

OCTOBER 22, 2024

PIN Encryption : Once the customer enters the PIN, it is encrypted immediately to protect the information. Encryption ensures the PIN cannot be intercepted or stolen during transmission. Verification : The encrypted PIN is sent to the card issuer’s system, where it is matched against the cardholder’s stored PIN.

Debit Card 105

Debit Card Credit Cards Point-of-Sale (POS) Encryption 105

Stax

JANUARY 15, 2024

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Enter the PCI DSS compliance. The PCI Security Standards Council (PCI SSC) has robust measures to protect cardholder information and prevent unauthorized access, fraud, and data breaches.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Stax

MARCH 15, 2024

The primary security standards that payment systems typically adhere to include: Payment Card Industry Data Security Standard (PCI DSS): PCI DSS sets forth requirements for securing payment card data, including encryption, access control, network monitoring, and regular security testing.

Process 88

Process Security PCI DSS Encryption 88

EBizCharge

FEBRUARY 26, 2025

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). NetSuite records the disputed transaction. Merchants can submit documentation to dispute the chargeback.

Credit Cards 52

Credit Cards Process Payment Gateways Payment APIs and Integration 52

Stax

FEBRUARY 19, 2025

SaaS companies must adhere to industry standards such as PCI DSS to ensure customer transactions are safe. PCI Compliance: Ensure the provider adheres to industry-standard security protocols and protects your customers’ payment data. Scalability As your SaaS company grows, your support provider should be able to keep up.

Payments 88

Payments PCI DSS Compliance Risk 88

EBizCharge

MARCH 11, 2025

These fees cover the cost of securely transmitting payment data, encrypting sensitive data, and authorizing transactions in real-time. Chargeback and dispute fees: Chargeback and dispute fees are costs merchants incur when a customer disputes a transaction and requests a refund through their credit card issuer.

Processing Costs 52

Processing Costs Process Credit Cards Payment Gateways 52

Stax

MARCH 26, 2024

Secure Transactions: Online terminals incorporate security protocols like SSL encryption, tokenization, and Payment Card Industry Data Security Standards (PCI DSS) compliance. Adherence to security protocols, such as PCI DSS compliance is a must. See to it that you have all your security bases covered.

PCI DSS 88

PCI DSS Encryption Payment Gateways Disputes 88

EBizCharge

MARCH 31, 2025

Security and PCI compliance Since payment processing involves handling sensitive financial data, security should be a top priority. A reliable Sage merchant services provider must comply with Payment Card Industry Data Security Standards (PCI DSS) to ensure secure transactions and protect against fraud.

Service Provider 52

Service Provider MSPS Payment Gateways Online and Mobile Banking 52

Stax

APRIL 10, 2025

Its role is to encrypt and securely transfer your customers payment data to your payment processor. All the data transfer between the digital wallet and your payment terminal are encrypted and the system also uses tokenization to ensure iron-clad data security.

Small Business 88

Small Business Wire Transfer BNPL ACH 88

EBizCharge

MARCH 3, 2025

Acumatica payment providers should comply with legal and regulatory requirements like Payment Card Industry Data Security Standards (PCI-DSS) , which safeguard payment data by implementing various security protocols.

Credit Cards 52

Credit Cards Process Payment Gateways Payment APIs and Integration 52

Stax

AUGUST 29, 2024

Compliance and security Your PSP is responsible for ensuring that sensitive customer financial data is securely encrypted and stored according to the standards and regulations of the industry, such as PCI DSS (Payment Card Industry Data Security Standard). Robust tools for dispute and chargeback management are also desirable.

Payment Service Provider (PSP) 88

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

BNG Payments

JANUARY 7, 2022

Ensure Your Business is PCI Compliant You've probably already heard a lot about the Payment Card Industry Data Security Standard (PCI DSS), commonly known as PCI. In short, all companies that process, store or transmit credit card information must comply with the PCI DSS. Still, issues happen.

Credit Cards 52

Credit Cards Mitigation Risk PCI DSS 52

M2P Fintech

DECEMBER 17, 2024

Self-service capabilities enable merchants to update information, manage payment options, and resolve disputes independently. This system supports multiple settlement cycles, automated dispute processing, and detailed reporting, enhancing overall merchant operations and financial management.

Fraud Detection 52

Fraud Detection PCI DSS Disputes Settlement 52

Payment Savvy

MAY 11, 2023

Chargebacks: Chargebacks can occur when a cardholder disputes a transaction, and the funds are returned to the cardholder. 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

Segpay

MARCH 10, 2025

Here’s how it works: Encryption & Secure Transmission: The payment gateway encrypts the player’s payment details and securely transmits them to the payment processor. Solution with Segpay: Built-In Compliance Tools Segpay is a fully PCI DSS Level 1-compliant payment processor, ensuring secure transactions.

Payment Gateways 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

Payment Savvy

JULY 3, 2024

Chargeback Process (when customers dispute transactions) In some cases, cardholders may dispute a transaction, leading to a chargeback. Encryption protects data during transmission between the merchant, acquiring bank, card network, and issuing bank, so even if the data is intercepted, it remains indecipherable to unauthorized parties.

Debit Card 52

Debit Card Process PCI DSS Processors 52

EBizCharge

JUNE 4, 2024

Ensure the selected payment gateway complies with the Payment Card Industry Data Security Standards (PCI DSS) to protect your customers’ payment information. Adhering to PCI DSS and employing advanced security measures like encryption and role-based access helps mitigate the risk of fraud and ensure compliance.

Credit Cards 52

Credit Cards Process Payment Gateways Best Practices 52

Stax

JUNE 6, 2024

Ensure that the AR software complies with security standards like the International Organization for Standardization (ISO), General Data Protection Regulation (GDPR), System and Organization Controls (SOC) reporting, and Payment Card Industry Data Security Standard (PCI DSS).

Accounts 88

Accounts PCI DSS Online and Mobile Banking CRM 88

Payment Savvy

NOVEMBER 11, 2020

They encrypt card information, as well as authorize or decline a transaction. . Such tools transfer sensitive information from the merchant to the acquirer and the issuing bank with the help of solid encryption to protect such crucial data from online fraud. Safety: PCI DSS Compliance Level. Efficient Fraud Detection.

Payment Gateways 52

Payment Gateways Gateways PCI DSS Credit Cards 52

EBizCharge

JUNE 3, 2024

Additionally, implementing data encryption for information both in transit and at rest is vital. This can be achieved by using SSL/TLS protocols for data in transit and employing strong encryption standards for data storage. How does Epicor handle payment disputes and chargebacks?

Process 52

Process Payment APIs and Integration Payments Disputes 52

Exact Payments

SEPTEMBER 25, 2023

Step 4: Obtain PCI Certification Every business that transmits or handles payment information must comply with the Payment Card Industry’s Data Security Standards or PCI DSS. Typically, becoming PCI certified takes several months and no less than $50,000. As the last step in the PayFac journey, this one never truly ends.

PCI DSS 52

PCI DSS OFAC Facilitators Payment Gateways 52

EBizCharge

JULY 2, 2024

It also enhances security, as modern contactless payment options like digital wallets and chip cards are equipped with advanced encryption, protecting sensitive customer information from potential fraud. They’re also protected by strong encryption and authentication measures, offering peace of mind for secure transactions.

Contactless Payments 52

Contactless Payments Payments Disputes Online and Mobile Banking 52

EBizCharge

NOVEMBER 21, 2024

Failure to properly account for the constructive acceptance period can lead to late payments, strained supplier relationships, and the risk of financial penalties or disputes. EBizCharge also offers robust security features, including tokenization and encryption, to protect sensitive payment information.

Procedures 52

Procedures Mitigation Wire Transfer Payments 52

EBizCharge

JUNE 28, 2024

It’s essential to check with legal counsel or financial advisors to align with the latest legal standards and avoid potential penalties or customer disputes. Provide excellent customer service support to address any questions about fees and assist in resolving disputes efficiently.

Credit Cards 52

Credit Cards Legal Debit Card Disputes 52

PayHawk

APRIL 18, 2023

Chargeback When a cardholder disputes a transaction and requests a refund from their bank or card issuer, resulting in the reversal of the payment. Encryption The process of encoding sensitive data to prevent unauthorized access. Cardholder The person who owns the payment card being used to make a purchase.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

Nanonets

MARCH 30, 2023

This results in increased convenience, fewer frustrations and disputes, and a more peaceful working environment. This includes implementing encryption, multi-factor authentication, and regular monitoring of access logs. Compliance with these regulations can help protect the business from legal and financial risks.

Automation 52

Automation Transactions Wire Transfer ACH 52

EBizCharge

MAY 2, 2024

Secure data handling, encryption standards, and protection against credit card fraud are non-negotiable. Look for PCI DSS-compliant services, as this is the industry standard for credit card security. A leak or breach could be catastrophic, not just financially but also for your reputation.

Credit Cards 52

Credit Cards Process Processors Legal 52

Stax

OCTOBER 14, 2024

Verify that the provider is PCI-DSS compliant to ensure that your customers’ data is protected according to industry standards. Beyond compliance, look for processors that offer advanced security features like tokenization and encryption, which add layers of protection to payment information.

Processors 88

Processors Small Business Payment APIs and Integration Payments 88

EBizCharge

MAY 12, 2025

This comprehensive guide will walk you through everything you need to know about secure payment processing systems, from how they work and why encryption and tokenization matter to practical steps for avoiding chargebacks and choosing the best gateway. International systems will likely be subject to additional standards and regulations.

Process 52

Process Security Payment Gateways Encryption 52