My Payment Savvy

JUNE 16, 2025

Data is Encrypted & Tokenized Immediately after submission, the payment gateway encrypts the card data and replaces it with a token—a random, one-time-use ID. This tokenization keeps the sensitive card information off your servers, reducing the risk of a data breach and easing PCI DSS compliance.

Payment Gateways

Stax

MAY 5, 2025

Gateways hosted off-site are more often used by small businesses or those with low app traffic. A chosen Payment Gateway should comply with up-to-date security standards, like PCI DSS (Payment Card Industry Data Security Standard), data encryption, and tokenization, and have effective fraud prevention measures.

Payment Gateways

EBizCharge

APRIL 24, 2025

Increased security and compliance: Reputable Salesforce payment integrations are designed with strong security protocols and compliance with Payment Card Industry Data Security Standards (PCI DSS). There are several pricing structures that can suit different business needs, such as flat rate, interchange-plus, and tiered pricing.

Payment Gateways

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. Adaptability: Ensure they have experience supporting businesses of all sizes.

Payments

Stax

OCTOBER 14, 2024

Learn More 7 Steps to Select the Best Payment Processor for Your Small Business 1. Identify Your Business Needs The first step in selecting a payment processor is to understand the specific needs of your business. Its pricing structure is also a very straightforward interchange plus rate, with no PCI-compliance fees.

Processors

VISTA InfoSec

MAY 24, 2024

This is where the Payment Card Industry Data Security Standard (PCI DSS) comes into play, serving as a crucial framework for safeguarding sensitive information and protecting both businesses and consumers from the ever-present threat of cybercrime.

PCI DSS

Stax

JULY 16, 2024

This is why PCI DSS compliance is critical. Compliance with PCI Data Security Standard regulations prevents shortcomings and vulnerabilities in payment processing, thereby reducing the risk of fraud, identity theft, and cyberattacks. The 12 PCI DSS requirements are meant to help companies achieve six main goals.

PCI DSS

Stax

SEPTEMBER 17, 2024

TL;DR PCI compliance is essential because it helps prevent data breaches, ultimately cultivating customer trust. When consumers have faith in your business and capabilities to protect their data, they’re more likely to shop with you. There are 12 requirements under PCI DSS, divided into six major categories.

Credit Cards

Stax

JULY 25, 2024

Today, a small business is barely complete without a POS system. If you feel left out, the good news is that there’s a POS system out there ideal for your business. Whether you run a brick and mortar retail business or a multi-location restaurant, you can always find an option for every price point.

Small Business

PYMNTS

DECEMBER 4, 2017

If there’s one thing the enterprise has learned this year, it’s that a data breach can happen to any business — including small businesses (SMBs). Or, according to the latest data, many small businesses haven’t learned this lesson.

Small Business

Stax

JANUARY 3, 2024

Whether businesses are on the road or staff are simply moving about in-store, mobile point of sale systems (mPOS systems) are becoming an increasingly popular POS option for small businesses. And they come with many powerful business solutions, from real-time data access to invaluable inventory management capabilities.

Small Business

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

PYMNTS

OCTOBER 5, 2020

PCI DSS is intended to help combat this by instructing merchants on safeguarding the transactional steps in which they are involved. PCI conducts regular security scans to ensure that merchants are keeping up with the standard, and it also requires retailers to submit reports about their compliance efforts.

Data Breach

Clearly Payments

DECEMBER 2, 2024

The payment gateway encrypts the data and securely transfers it to the card issuer for approval. How It Works Businesses manually enter the customer’s card details into a secure online portal provided by their payment processor. Key Statistics Virtual terminals are used by over 30% of small businesses offering remote services.

Credit Cards

Stax

AUGUST 29, 2024

TL;DR PSPs help businesses accept credit cards, digital wallets, ACH transfers, recurring payments, and other types of mobile payments, while also providing POS systems and the integrated software required for managing business financial operations.

Payment Service Provider (PSP)

EBizCharge

MARCH 12, 2024

Credit card payments allow businesses to access funds quickly. Receiving payments rapidly can be particularly beneficial for small businesses needing access to funds to cover expenses or invest in growth opportunities. Your business will need a payment processor and a payment gateway to accept online payments.

Credit Cards

Stax

JULY 2, 2024

Keeping a meticulous record of all your financial transactions gives you a good picture of the state and health of your small business and makes life easier come tax time. Step 5: Check for compliance with data security best practices and industry standards Your bookkeeping software provider should be PCI DSS compliant.

Online and Mobile Banking

BNG Payments

JANUARY 7, 2022

The good news is small business owners can take several steps to protect themselves from credit card payment risks. As a small business owner, you are especially vulnerable to these threats. In short, all companies that process, store or transmit credit card information must comply with the PCI DSS.

Credit Cards

Stax

JULY 9, 2024

Encryption techniques ensure that payment data is transmitted securely between parties, making it difficult for unauthorized individuals to intercept or access sensitive information. Facebook, Instagram, and Pinterest business accounts all offer an in-built social shopping solution, including in-app purchases.

Digital Payments

Stax

JULY 9, 2024

Advanced encryption techniques are used to protect sensitive data during transmission, ensuring that personal and financial information remains confidential. EFT payments are a cost-effective solution for both businesses and consumers. Many small businesses opt to go cashless , making a robust EFT payment system imperative.

Electronic Fund Transfer Act (EFTA)

Stax

SEPTEMBER 17, 2024

Most payment gateways come with features like fraud detection and data encryption that are specifically geared towards keeping your customers’ payment information secure. The gateways authorize the customer’s payment and encrypt the cardholder information. How Does a Payment Gateway Work?

Payment Gateways

Cardfellow

OCTOBER 26, 2022

Security Recurly is PCI-DSS Level 1 compliant, the highest level of PCI-DSS compliance achievable. It encrypts data, utilizes industry guidelines on secure coding, and hosts data in facilities with high levels of physical and network security. Related Article: Subscription and Recurring Billing Options.

PCI DSS

Stax

APRIL 18, 2024

Mobile credit card processing first came on the scene when Square released its original mobile credit card reader in 2009 and by the early 2010s, it had become a common method of accepting payments for small businesses. Food Trucks and Street Vendors Picture the bustling streets of a food festival or the local farmer’s market.

Credit Cards

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. The following sections dive into the business types that often benefit from adopting zero fee credit card processing solutions.

Credit Cards

Clearly Payments

DECEMBER 5, 2023

E-commerce businesses flourished as consumers embraced the convenience of making purchases from the comfort of their homes. Secure Socket Layer (SSL) encryption became a standard, ensuring the confidentiality of sensitive information during online transactions.

Processors

Stax

MARCH 14, 2024

Security and compliance Ensure that the payments platform prioritizes security and compliance with industry standards such as PCI DSS (Payment Card Industry Data Security Standard). Look for features such as tokenization, encryption, and payment fraud detection to protect sensitive payment data and mitigate fraud risks.

B2B

Nanonets

MARCH 30, 2023

In this article, we'll explore the advantages of payment automation, how it works, and how it can be implemented to simplify payment processes and boost the bottom line for businesses of all sizes. Whether you're a small business owner or a CFO of a large corporation, payment automation could be the solution you need.

Automation

EBizCharge

MAY 12, 2025

Whether youre a small business owner or managing a large online store, protecting customers payment data is essential to maintaining trust and long-term success. Understanding and applying these concepts will allow you to protect your business while enhancing the user experience to foster lasting customer loyalty.

Process