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How to Become a PayFac: A Roadmap for Software Developers

Exact Payments

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.

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6 Ways Embedded Payments Benefit B2B Accounting SaaS

Exact Payments

Reduce compliance risk Conducting financial transactions such as accepting B2B payments requires compliance with a dizzying array of standards, including the Payment Card Industry Data Security Standard (PCI-DSS), Anti-Money Laundering (AML), Know Your Customer, Know Your Business, Office of Foreign Assets Control (OFAC) regulations, Mastercard Alert (..)