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. The company facilitates the transfer of information and funds between the customer’s bank and your business’ bank.

Credit Cards

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). Address Verification Service (AVS) and CVV verification should be enabled to prevent unauthorized transactions and reduce chargeback rates.

Credit Cards

My Payment Savvy

JUNE 16, 2025

This tokenization keeps the sensitive card information off your servers, reducing the risk of a data breach and easing PCI DSS compliance. Your online payment gateway applies encryption, address verification, and fraud screening—all within seconds. How does the gateway handle disputes, chargebacks, and fraud prevention?

Payment Gateways

EBizCharge

MARCH 18, 2025

Payment security A reliable Sage 100 payment processing solution will protect customer payment information by implementing robust security protocols and ensuring full compliance with Payment Card Industry Data Security Standards (PCI-DSS).

Credit Cards

Stax

APRIL 8, 2025

Chargeback fee – A merchant has to pay this fee if a customer disputes a charge and wins. PCI compliance fee – This fee is usually charged by the payment processor or acquiring bank to ensure the business follows Payment Card Industry Data Security Standard ( PCI DSS ) requirements to protect customer data.

Credit Cards

EBizCharge

NOVEMBER 27, 2024

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). Stay prepared to address chargebacks and disputes promptly to maintain smooth operations and protect your business.

Accounts

Stax

APRIL 10, 2025

A SaaS company that handles sensitive customer data in the process of accepting online card payments must comply with stringent regulations like PCI DSS (Payment Card Industry Data Security Standard) and GDPR (General Data Protection Regulation).

Small Business

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. 3D Secure authentication requires an additional verification step during a credit card transaction.

Credit Cards

Stax

OCTOBER 14, 2024

Verify that the provider is PCI-DSS compliant to ensure that your customers’ data is protected according to industry standards. It should be noted that in addition to a $25 chargeback fee, Dharma also charges a $5 retrieval fee when a customer disputes a transaction. Dharma also can be used on Clover hardware.

Processors

Clearly Payments

JANUARY 8, 2024

Chargeback Risk: Chargebacks occur when customers dispute a transaction and request a refund directly from their bank. The first step is implementing robust authentication processes, including multi-factor authentication, biometric verification , and tokenization , to enhance user access security.

Risk Management

Clearly Payments

OCTOBER 22, 2024

Verification : The encrypted PIN is sent to the card issuer’s system, where it is matched against the cardholder’s stored PIN. Transaction Approval : Upon successful verification, the card issuer approves the transaction, and the payment is processed. Encryption ensures the PIN cannot be intercepted or stolen during transmission.

Debit Card

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. Two-Factor Authentication (2FA).

Process

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)

M2P Fintech

DECEMBER 17, 2024

Key Features of a Merchant Management System Merchant Onboarding The onboarding process begins with merchants submitting applications along with required documentation for verification. Self-service capabilities enable merchants to update information, manage payment options, and resolve disputes independently.

Fraud Detection

Stax

JUNE 6, 2024

Test different aspects of the solution, such as invoice creation, report customization, payment reminders, and payment verification. You can ask for a demo before investing in the software to gauge its usability and ease of use. On top of automating your AR processes, the software should also provide various customization opinions.

Accounts

Payment Savvy

JULY 3, 2024

Types of Debit Card Processing & Technologies Card-Present Transactions PIN-based Debit Cards : a debit card transaction where the customer enters a PIN for verification. Chargeback Process (when customers dispute transactions) In some cases, cardholders may dispute a transaction, leading to a chargeback.

Debit Card

Segpay

MARCH 10, 2025

A gaming payment gateway encrypts financial data, prevents fraud, and ensures compliance with security standards like PCI DSS, giving users peace of mind while making deposits and withdrawals. Solution with Segpay: Built-In Compliance Tools Segpay is a fully PCI DSS Level 1-compliant payment processor, ensuring secure transactions.

Payment Gateways

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

EBizCharge

MAY 13, 2024

Increased fraud risks: Relying on manual data entry and verification opens the door to mistakes, which fraudsters can exploit to manipulate invoices, documents, or payment records. Dispute management can be automated by implementing software solutions that streamline the resolution process for billing discrepancies or disputes.

Automation

Stax

MAY 7, 2024

Chargeback fees – Sometimes, a customer opens a transaction dispute and seeks a refund of their payment. PCI-compliance fees – Businesses running credit card transactions must be compliant with the Payment Card Industry Data Security Standard (PCI DSS). How do chargebacks affect processing fees?

Credit Cards

PayHawk

APRIL 18, 2023

Address Verification Service (AVS) A fraud prevention tool that checks the billing address provided by the cardholder against the address on file with the card issuer. Chargeback When a cardholder disputes a transaction and requests a refund from their bank or card issuer, resulting in the reversal of the payment.

Process

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

EBizCharge

JULY 2, 2024

For higher transaction amounts, they typically require a PIN or biometric verification, offering enhanced consumer protection. Compliance means adhering to industry standards and regulations, such as the Payment Card Industry Data Security Standards (PCI DSS) , ensuring that credit card data is handled safely.

Contactless Payments

Stax

JANUARY 10, 2024

PCI compliance fees. This fee helps payment processors maintain compliance with the latest Payment Card Industry Data Security Standard (PCI DSS) requirements for secure online transactions. If POS hardware is being offered as part of the merchant’s payment plan, it will also include the cost of hardware. Chargeback fees.

Credit Cards

Nanonets

MARCH 30, 2023

This results in increased convenience, fewer frustrations and disputes, and a more peaceful working environment. Positive Pay Files transmit a file of issued checks to corresponding banks daily, enabling verification of authorized payments.

Automation

EBizCharge

MAY 12, 2025

These standards include: Payment Card Industry Data Security Standards (PCI DSS): PCI Standards set foundational requirements for handling cardholder data, including encryption, secure networks, and security checks. Common certifications include PCI DSS, 3D Secure (3DS), System and Organization Controls (SOC 2) , and more.

Process

EBizCharge

NOVEMBER 22, 2024

Previous invoice or order disputes: A dispute over a past invoice or order may trigger a temporary hold. Resolving disputes quickly is essential to lift the hold and prevent payment delays. Large payment hold: A large payment hold can happen when a substantial transaction is flagged for verification by card networks.

Credit Cards