Remove Facilitators Remove PCI DSS Remove Regulatory Compliance
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Merchant Underwriting: What It Is, How It Works, and Why It’s Important

Stax

Ensure regulatory compliance by adhering to anti-money laundering (AML) laws and Know Your Customer (KYC) requirements. How Merchant Underwriting Works The merchant underwriting process typically follows a few steps carried out by the payment facilitators or acquiring bank to develop an underwriting risk profile.

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ACI Worldwide and comforte AG Pave the Way for Payment Modernization with PCI DSS v4.0 Compliance

Fintech Finance

ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, and comforte AG, a leading provider of data-centric security solutions, have announced a partnership to help customers meet the new Payment Cards Industry Data Security Standards (PCI DSS) v4.0 Adhering to the new PCI DSS v4.0

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ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators

Stax

The payment processing industry facilitates electronic transactions between merchants and customers, spanning online, mobile, and in-person payments. It involves a complex ecosystem of financial institutions, including acquiring banks, payment processors, and card networks, alongside technology providers and regulatory bodies.

ISVS 88
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A Guide to Payment Tokenization

Stax

If your SaaS business is facilitating payment collection from within your platform, this article is worth a read to understand and secure your system. Tokenization streamlines PCI DSS compliance, can improve customer retention, and provides an extra layer of security for payment collection. What Is Payment Tokenization?

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How ISV Partnerships and Integrations Can Drive Business Growth

Stax

Expanding into new markets by leveraging ISV solutions that cater to global compliance requirements and multilingual support. A prime example is an accounting software company partnering with a tax compliance ISV to offer automated tax calculations, attracting businesses seeking regulatory compliance.

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What is Click to Pay and How Does It Work?

Stax

Once the issuing bank gives the go-ahead, the payment services provider will facilitate the transfer of funds from the customers account to a merchant account. Regulatory compliance All businesses that handle sensitive customer financial data are required to follow PCI DSS regulations, and Click to Pay is designed to be fully compliant.

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The Price of Convenience: Is There Such a Thing as Free Credit Card Processing?

Stax

Payment processor fees: Payment processors, such as merchant service providers or independent sales organizations, facilitate credit card transactions. Credit card processors play a critical role in facilitating surcharging. They provide the necessary systems and tools to add a surcharge securely to credit card transactions.