Stax

MARCH 11, 2025

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.

Online Payment Processing

Stax

JULY 7, 2025

Ensure legal compliance: Adhere to the laws and regulations of the region, and if in doubt, consult with legal experts or industry associations to verify compliance and understand any reporting or disclosure obligations. Local laws and regulations govern surcharging in each jurisdiction.

Credit Cards

Finextra

JULY 7, 2025

GDPR, PCI-DSS and financial data protection laws aren’t just compliance tick-boxes, they’re vital to customer trust and business continuity. Investing in future-ready networking also helps avoid expensive reworks as operations scale up. That makes a secure, well-structured foundation essential.

FinTech

EBizCharge

MAY 22, 2025

These include regulations such as Payment Card Industry Data Security Standards (PCI-DSS), General Data Protection Regulation (GDPR), and local and industry-specific invoicing laws like the Health Insurance Portability and Accountability Act (HIPAA). Failure to comply can result in fines or legal issues.

Process

Stax

OCTOBER 14, 2024

Verify that the provider is PCI-DSS compliant to ensure that your customers’ data is protected according to industry standards. Businesses like psychics and consumer bankruptcy law firms, for instance, are prohibited. Evaluate Security Measures Security is a critical factor in selecting a payment processor.

Processors

VISTA InfoSec

JULY 5, 2023

In this blog post, we’ll delve into the significance of PCI DSS compliance in healthcare and explore how it helps protect patient data and privacy. You may be wondering, what is the role of PCI DSS in healthcare if an organization is already HIPAA compliant? What is PCI DSS in the Healthcare Industry?

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

Evolve Payment

NOVEMBER 19, 2024

Table of Contents PCI Compliance in a Nutshell PCI compliance, also known as the Payment Card Industry Data Security Standard , or PCI-DSS, is an important standard that major credit card companies like Visa and Mastercard have adopted to protect themselves and their merchants from the risks associated with exposed cardholder data.

PCI DSS

Stax

JANUARY 15, 2024

Surcharging involves understanding federal laws, state-specific restrictions, and international regulations. PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Enter the PCI DSS compliance.

Credit Cards

Stax

SEPTEMBER 17, 2024

TL;DR PCI compliance is essential because it helps prevent data breaches, ultimately cultivating customer trust. There are 12 requirements under PCI DSS, divided into six major categories. What is PCI Compliance? PCI DSS stands for “Payment Card Industry Data Security Standards.”

Credit Cards

PYMNTS

JANUARY 19, 2021

“That’s the entity that will bear the responsibility of anything that is tied to the relationship with the consumer — sales collection, filing and remedying taxes, the compliance with the local regulations, specifically commerce laws, and product return policies,” he said.

Cross-Border

Clearly Payments

JANUARY 12, 2024

This documentation may be valuable for law enforcement or investigations by financial institutions. Notify Law Enforcement Report the incident to local law enforcement by filing a police report. Be prepared to cooperate with law enforcement authorities and follow any instructions they provide during their investigation.

Credit Cards

VISTA InfoSec

JUNE 3, 2024

Here are some important tips for creating a GDPR-compliant password policy: Understanding GDPR and Its Implications The General Data Protection Regulation (GDPR) is a comprehensive data protection law enacted by the European Union to safeguard its citizens’ privacy and personal data.

MFA

PYMNTS

OCTOBER 7, 2020

As data privacy becomes enshrined in international law, regulatory compliance will grow more stringent and costly to companies that fail to provide the digital defenses these laws demand. A variety of approaches can get the job done, but some outperform others.

Compliance

The Fintech Times

SEPTEMBER 24, 2024

“Most modern solutions are designed with compliance in mind, meeting stringent regulatory requirements such as GDPR and PCI DSS. This includes ensuring that data is encrypted both in transit and at rest, providing robust protection against unauthorised access.

Privacy

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

Exact Payments

JANUARY 4, 2024

The Payment Card Industry Data Security Standard (PCI DSS) plays a crucial role in protecting cardholder data for businesses that accept credit card payments. As a business owner or professional, it’s essential to understand the importance of PCI compliance and its requirements.

PCI DSS

The Fintech Times

DECEMBER 14, 2023

Regulations, which vary by region, encompass standards like Payment Card Industry Data Security Standard (PCI DSS), anti-money laundering (AML) laws, know your customer (KYC) requirements, and consumer protection laws.

Acquirers

PYMNTS

DECEMBER 4, 2017

. —60 percent of SMBs said they don’t follow PCI DSS or HIPPA rules when storing customer credit card and banking information , according to new research from Clutch. Clutch warned that fines for non-compliance with these rules can reach into the millions of dollars. —54

Small Business

Stax

MARCH 6, 2024

Legal and payment compliance Adhering to compliance standards, including those set by the Payment Card Industry Data Security Standard (PCI DSS), is essential. Local and International Laws: These vary by region and govern consumer rights, disclosures, and consent related to recurring payments.

Best Practices

FICO

NOVEMBER 1, 2016

Nearly every state has data security breach notification laws that set different standards on when notice may be given to consumers and state authorities, and under what circumstances. The proposal adds new standards to the regulatory maze of notification requirements.

Cybersecurity

Stax

APRIL 30, 2024

In addition, they also ensure the privacy of business data and compliance with laws and regulations. However, this isn’t legal in all states, so you need to check the laws before applying a surcharge. Not complying with the PCI can attract a fine of up to $500,000 per incident.

Process

Payment Savvy

MAY 11, 2023

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. Security: Visa has strict security requirements to protect cardholder data and prevent fraud.

Rules

Stax

JANUARY 8, 2024

Several US legislations (like the Patriot Act, anti money laundering laws , or FinCEN regulations) require PayFacs to know the identities of the business owner(s) they plan to facilitate payments for, during the underwriting stage. could result in financial losses, litigations, law enforcement action, and damage to reputation.

Risk Management

Stax

FEBRUARY 26, 2024

Also, as payment regulations evolve, businesses must stay vigilant to comply with various payment standards and laws. Keeping track of various state and country laws can be tough, so choosing a payment processor that ensures compliance is key to addressing this challenge. Ready to Learn More?

Best Practices

Segpay

JANUARY 30, 2025

In August 2024, the EU drafted the world’s first comprehensive AI law. This EU AI Act aims to address to protect democracy, rule of law and the environment. Cross-border Data Flows: Many AI services operate globally, leading to complexities in adhering to local and international data laws.

Merchant Payment Processing

M2P Fintech

DECEMBER 17, 2024

Compliance monitoring ensures adherence to regulations like PCI DSS and AML laws. Risk Management Advanced fraud detection tools monitor transactions in real time to identify potential fraud.

Fraud Detection

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. These standards help ensure that sensitive data is kept secure during every step of the transaction process.

PCI DSS

Stax

NOVEMBER 11, 2024

For example, a law firm typically bills clients multiple times either for installment payments or ongoing hourly charges. Businesses must adhere to NACHA’s “ACH Security Framework,” which includes measures for safeguarding sensitive customer data – similar to how PCI DSS protects cardholder information at checkout.

ACH

Fintech Review

OCTOBER 3, 2024

Compliance and Security in Fintech Outsourcing In the highly regulated world of fintech, compliance with international and local laws is non-negotiable. Data privacy regulations, such as PCI-DSS and specific financial regulatory standards, must be strictly adhered to.

FinTech

Stax

JULY 9, 2024

Key regulations governing EFT payments include the National Automated Clearing House Association (NACHA) rules, which establish guidelines for ACH transfers, and the Payment Card Industry Data Security Standard (PCI DSS), which sets security standards for handling card information. Q: Are EFT payments safe?

Electronic Fund Transfer Act (EFTA)

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

JULY 24, 2024

Financial institutions and P2P applications must follow anti-money laundering (AML) laws and know your customer (KYC) regulations. Moreover, P2P platforms must also comply with the Payment Card Industry Data Security Standards (PCI DSS) when processing debit card and credit card transactions.

P2P

EBizCharge

JUNE 6, 2025

GunBroker acts as a bridge between buyers and licensed firearms dealers or Federal Firearm License (FFL) holders, ensuring all transactions comply with applicable laws and regulations. Compliance and risk management: Operating in the firearm industry means staying compliant with complex laws and regulations.

Payment Gateways

EBizCharge

AUGUST 30, 2024

While surcharging can offset or cover credit card processing fees altogether, merchants must comply with the rules set by credit card networks and local laws. Merchants must adhere to the Payment Card Industry Data Security Standard (PCI DSS) to protect cardholder data.

Credit Cards

Stax

MAY 7, 2024

PCI-compliance fees – Businesses running credit card transactions must be compliant with the Payment Card Industry Data Security Standard (PCI DSS). This regulation is managed by the Payment Card Industry Security Standards Council (PCI SSC) and is meant to protect the cardholder’s data.

Credit Cards

EBizCharge

JUNE 28, 2024

For example, Colorado, Connecticut, Massachusetts, and others have laws prohibiting surcharges. Determining the legality of charging credit card fees requires understanding various individual state laws , card network regulations, and the type of fee being charged. That said, not all states allow this practice.

Credit Cards