Remove Encryption Remove PCI DSS Remove Regulations
article thumbnail

What to Know About Tokenization

Basis Theory

As a merchant, to understand tokenization for your own benefit, it’s critical to understand: What tokenization is, why it’s important for payments, and how it compares to encryption. How tokenization applies to being PCI compliant and meeting the 12 PCI DSS requirements.

article thumbnail

A Merchant’s Guide to Payment Compliance in 2025

Clearly Payments

Card networks like Visa and Mastercard are enforcing stricter standards, regulators are expanding privacy laws, and payment providers are under pressure to monitor merchant activity more closely. These rules come from multiple sources, including card networks, regulators, and your payment processor. What Is Payment Compliance?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Modernizing Government Payment Systems for Efficiency and Trust

Clearly Payments

Compliance Issues: Governments must adhere to strict regulations like PCI DSS, which can be difficult with aging systems. Stronger Security: Advanced encryption, tokenization , and fraud detection protect sensitive data and bolster public trust.

article thumbnail

The Ultimate Guide to Ecommerce Payment Solutions

Stax

The details are then encrypted and transmitted to a third-party payment gateway for authorization. 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.

article thumbnail

What is a BIN in Payment Processing

Clearly Payments

Merchants in high-risk categories, such as online gaming, travel, and adult services, benefit from BIN data as it helps processors manage risk levels and ensure compliance with industry regulations. Payment processors must meet both local regulations and the specific compliance requirements of each card network and their sponsoring bank.

article thumbnail

The Ultimate Guide to Online Payment Processing

Stax

Encryption and transfer of payment information The payment gateway that underpins your checkout page will now encrypt the customers payment details as stipulated by industry data security regulations like PCI DSS (Payment Card Industry Data Security Standard) before transferring the data to your payment processor.

article thumbnail

A Complete Guide to Securely Process Credit Cards in Sage 100

EBizCharge

It also offers robust functionality to help businesses streamline operations, improve efficiency, and maintain compliance with industry regulations. Tokenization and encryption: Tokenization replaces credit card details with unique tokens with no exploitable value, preventing hackers from accessing sensitive data.