Basis Theory

OCTOBER 1, 2024

Today, the framework introduced in the early 2000s outlines 12 PCI requirements that merchants must satisfy to process credit card transactions on the card networks. Nearly 20 years later, with more than 300 requirements and sub-requirements, PCI DSS continues evolving. Don't, however, let the term "merchants" fool you.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Stax

SEPTEMBER 17, 2024

There are 12 requirements under PCI DSS, divided into six major categories. These include penalties, legal repurcussions, and the revocation of credit card processing privileges. These include penalties, legal repurcussions, and the revocation of credit card processing privileges. What is PCI Compliance?

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Stax

MARCH 18, 2025

Also, they may not be the best for high-volume businesses. The ideal pricing structure for your business depends on various factors, such as your business model, your customers preferred payment methods, and monthly/annual transaction volumes. If your business receives high transaction volumes, you can negotiate lower fees.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

Stax

FEBRUARY 19, 2025

SaaS companies must adhere to industry standards such as PCI DSS to ensure customer transactions are safe. Future-Proofing: A modern integrated systems provider should be equipped to handle increased transaction volumes and evolving customer needs. Adaptability: Ensure they have experience supporting businesses of all sizes.

Payments 88

Payments PCI DSS Compliance Risk 88

Clearly Payments

DECEMBER 3, 2023

LawPay (legal): Online payment solutions for legal professionals (United States). Consider your business needs, target audience, and transaction volume when selecting the gateway that aligns best with your objectives. This includes accommodating increased transaction volumes and expanding product offerings.

Payment Gateways 105

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 105

Exact Payments

FEBRUARY 5, 2024

Enter the Payment Card Industry Data Security Standard (PCI DSS): a comprehensive framework that sets forth stringent rules and regulations to ensure the secure handling, processing, and transmission of cardholder information. As we approach the highly anticipated release of PCI DSS 4.0 a notable change is on the horizon.

ISVS 52

ISVS PCI DSS Encryption Authentication 52

EBizCharge

JUNE 28, 2024

The question “Is it legal to charge a credit card fee?” This article will explore the legality of charging such fees as well as the pros and cons associated with them. Surcharging is legal in many states and is regulated at the state and federal levels. is a legitimate inquiry for merchants seeking ways to offset these expenses.

Credit Cards 52

Credit Cards Legal Debit Card Disputes 52

Fintech News

SEPTEMBER 9, 2024

The central bank said the revised requirements and guidance seek to accommodate advancements in technology to facilitate the secure and safe adoption of e-KYC solutions for both individuals and legal persons while preserving the integrity of the financial system.

Deepfake 126

Deepfake PCI DSS Verification Financial Inclusion 126

Stax

APRIL 10, 2025

ACH transfers are particularly popular among businesses that deal in high transaction volumes because of much lower processing fees than card payments. The payment method is outside the control of a centralized authority like the central banks that issue and guarantee traditional legal tender (money).

Small Business 88

Small Business Wire Transfer BNPL ACH 88

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). Some providers offer tailored pricing models based on a business’s transaction volume and needs.

Accounts 52

Accounts Payment Gateways Gateways Payment APIs and Integration 52

Stax

DECEMBER 27, 2023

Different providers will charge different fees for their services, such as per-transaction fees or monthly and annual fees based on sales volume. Because physical store locations may be required to process high sales volumes, retail accounts are capable of quick credit card processing. The payment methods you want to accept.

Accounts 88

Accounts Online and Mobile Banking Payment Gateways PCI DSS 88

Stax

MARCH 6, 2024

Volume-based billing: The more customers use, the less they pay per unit, incentivizing higher usage. Legal and payment compliance Adhering to compliance standards, including those set by the Payment Card Industry Data Security Standard (PCI DSS), is essential. Q: What regulations apply to recurring billing?

Best Practices 88

Best Practices PCI DSS Payment Gateways Gateways 88

EBizCharge

MARCH 3, 2025

This is particularly beneficial for companies handling high transaction volumes, as it improves efficiency and reduces processing time. Acumatica-integrated payment solutions can meet various legal and regulatory requirements and keep your data safe using the latest security measures. How does Acumatica handle credit card chargebacks?

Credit Cards 52

Credit Cards Process Payment Gateways Payment APIs and Integration 52

Stax

NOVEMBER 6, 2023

Regulatory compliance and ease in meeting standards like PCI DSS – Payment Card Industry Data Security Standard (PCI DSS) compliance requirements are easier to fulfill and maintain as processing and storage of sensitive information is at a minimum with data tokenization.

Encryption 88

Encryption PCI DSS Data Security Origination 88

Stax

APRIL 30, 2024

However, this isn’t legal in all states, so you need to check the laws before applying a surcharge. Negotiate: Some card processors may be willing to negotiate a lower processing fee, especially if you deal with large transaction processing volumes every day. Not complying with the PCI can attract a fine of up to $500,000 per incident.

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

Stax

JANUARY 10, 2024

This enables them to lower credit card fees for customers who meet certain criteria, such as transaction volume or secure payment history. Each network will calculate the fee differently, depending on the type of card, the industry, and the merchant’s payment processing volume. PCI compliance fees.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

Stax

MAY 7, 2024

With credit card transaction volume hitting over $9.5 PCI-compliance fees – Businesses running credit card transactions must be compliant with the Payment Card Industry Data Security Standard (PCI DSS). The average PCI compliance fees vary depending on various factors, such as business specifications.

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

Stax

JANUARY 8, 2024

Monthly sales amount (volume), average transaction amount, sales-to-purchase return ratio, etc. However, you must ensure that all systems comply with security standards such as PCI DSS. Velocity checks. Any abrupt or unusual deviation from a sub-merchant’s usual transaction pattern should be a cause for alarm.

Risk Management 88

Risk Management Risk Money Laundering Mitigation 88

Exact Payments

SEPTEMBER 25, 2023

What is my current (or expected) processing volume? Knowing the hard numbers for your processing volume will allow you to estimate your return on investment – and the time it’ll take to reap that ROI. Step 2: Partner With Financial Institutions You’ve conducted your assessment, and you’re ready to go the PayFac route.

PCI DSS 52

PCI DSS OFAC Facilitators Payment Gateways 52

EBizCharge

AUGUST 30, 2024

Similarly, the size of your business and the volume of credit card transactions you process can influence merchant service providers to offer volume discounts or more favorable terms, lowering overall processing costs. This pricing is ideal for businesses with lower sales volumes.

Credit Cards 52

Credit Cards Processors Process Card Issuer 52

EBizCharge

NOVEMBER 12, 2024

Underwriting examines various factors like business type, financial history, transaction volumes, and the potential risk they pose. Underwriters analyze factors such as transaction volumes and potential risks to determine the likelihood of financial instability or fraud. This helps in classifying the business as high risk or low risk.

Underwriting 52

Underwriting ISOs Risk Assessment Assessments 52

Ikajo

NOVEMBER 22, 2023

Subscription costs vary depending on factors such as the number of integrations, transaction volume, and additional development needs. Vendors take on responsibility for compliance management of their system, ensuring it adheres to all relevant legal and regulatory standards.

Facilitators 52

Facilitators Payment APIs and Integration PCI DSS Payments 52

Stax

DECEMBER 20, 2023

Secure transactions ensure you can maintain a trustworthy reputation with past and future customers, as well as reducing the financial losses that come from the fines and legal fees associated with compromising customer data. The cheapest way to take card payments often depends on the volume and nature of your transactions.

Credit Cards 88

Credit Cards Small Business Process Security 88

Segpay

MARCH 10, 2025

Key Features of a Gaming Payment Gateway Gaming payment gateways are designed to handle high-volume, real-time transactions while ensuring security, speed, and flexibility. Solution with Segpay: Built-In Compliance Tools Segpay is a fully PCI DSS Level 1-compliant payment processor, ensuring secure transactions.

Payment Gateways 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

Stax

JUNE 18, 2024

Security and compliance Subscription management software needs to comply with a range of tax, legal, and data security standards to avoid litigation or damage to your brand’s reputation. For example, standards such as GDPR and PCI-DSS are key standards to look for in subscription billing software.

Payment APIs and Integration 88

Payment APIs and Integration CRM Automation PCI DSS 88

EBizCharge

MAY 2, 2024

The surcharge cannot exceed the payment processing cost or legal limits set by state laws. While no fee credit card processing has some drawbacks, one of the biggest limitations is its legalities. Look for PCI DSS-compliant services, as this is the industry standard for credit card security.

Credit Cards 52

Credit Cards Process Processors Legal 52

Stax

APRIL 18, 2024

Consider factors such as the volume of transactions, the mobility of your operations, and the types of payment methods you wish to accept. Ensure that your chosen payment processing solution complies with industry standards and regulations, such as the Payment Card Industry Data Security Standard (PCI DSS) and takes EMV chip cards.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Mobile Payments 88

Stax

APRIL 18, 2024

Compliance standards include GDPR for data protection, HIPAA for healthcare data privacy, PCI DSS for payment card security, and ISO 27001 for information security management. By following these, they can build trust with customers and mitigate legal and financial risks.

ISVS 88

ISVS Payment APIs and Integration End User On-Demand 88

Stax

NOVEMBER 11, 2024

in payment volume growth in Q4 2021. Compliance Considerations for ACH Payments When implementing ACH payments, businesses must navigate several regulatory requirements and security standards to ensure legal and operational compliance – similar to how credit card processing requires PCI compliance. in Q4 2021.

ACH 88

ACH Checks Identity Theft Payments 88

Clearly Payments

DECEMBER 5, 2023

Research and Selection: Before diving into the application process, conduct thorough research to identify potential payment processors that align with your business needs, transaction volume, and industry. Consider factors such as fees, services offered, and customer reviews.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

Nanonets

MARCH 30, 2023

Benefits of Payment Automation Here are some of the primary benefits of payment automation: Prompt payments Automated payment solutions can promote prompt payment for businesses with all levels of transaction volumes. Compliance with these regulations can help protect the business from legal and financial risks.

Automation 52

Automation Transactions Wire Transfer ACH 52

Ikajo

NOVEMBER 2, 2023

Melio’s transaction volume exceeded $25 billion , marking a substantial increase, more than double the volume from the previous year. As a payment business dealing with card transactions processing, you’re subject to PCI DSS certification. Another highlight of 2022 is Melio, an online business payments platform.

Process 52

Process Processors Payment Gateways Payments 52

Payment Savvy

MAY 10, 2024

Compliance Plaid adheres to data protection regulations like GDPR and CCPA, as well as financial industry standards such as PCI DSS. Larger enterprises or high-volume users can opt for custom plans starting at $500 per month. However, this use of data always occurs with prior user consent and notification.

Payment APIs and Integration 52

Payment APIs and Integration Venmo Privacy Credential 52

EBizCharge

MAY 14, 2024

Scalability Automated billing services are designed to efficiently handle large volumes of transactions, making it easier for businesses to scale up their operations as they acquire more customers or expand into new markets. The volume of invoices and payment processes. Consider the following: The complexity of your billing cycles.

Automation 52

Automation Payment APIs and Integration Best Practices Online and Mobile Banking 52

Segpay

FEBRUARY 28, 2024

Per the Forbes Advisor , rates range from 1.5% – 3%+ based on card type, with volume tiers and qualified vs non-qualified categories. Always verify total processing costs for each card brand at projected volumes. Try negotiating caps after volume thresholds or bundled transaction pricing.

Processors 52

Processors IRS Push-to-Card Non-Bank 52