Remove Online and Mobile Banking Remove PCI DSS Remove Transactions
article thumbnail

PayMint Fintech Receives Approval From the Central Bank of Egypt to Launch Its First Meeza Prepaid Cards

Fintech Finance

PayMint , a leading financial technology company, has announced that it has obtained final approval from the Central Bank of Egypt to launch its first Meeza prepaid cards in partnership with Abu Dhabi Islamic Bank Egypt (ADIB-Egypt).

article thumbnail

The Ultimate Guide to Online Payment Processing

Stax

Customers in this age of instant gratification always expect a smooth and seamless online payments experience. As a business owner, you must have a clear understanding of how online payments processing works to be able to create a hassle-free checkout process that will keep buyers coming back to your eCommerce store.

article thumbnail

Encryption vs. Tokenization for Banking and Payment Professionals

Fi911

Data protection is a top priority in banking and payment systems, where sensitive information such as cardholder details and personal data are frequently exchanged. Ideal for secure communications, such as internet banking or email encryption. Example algorithm: RSA (Rivest-Shamir-Adleman).

article thumbnail

Understanding the Nature of Payment Gateway Integration For Your Mobile App

Stax

In recent years, businesses have seen this massive shift from desktop to mobile devices which has forced them to develop apps with built-in integrated payment gateways. But when it comes to payments, mobile apps have to contend with a few unique challenges. Why Would Companies or Developers Want a Mobile App Payment Gateway?

article thumbnail

The Anatomy of a Credit Card Transaction

Clearly Payments

A credit card transaction is a process involving multiple entities, complex technology, and rigorous security protocols. This article covers the anatomy of a credit card transaction and provides insight into the technological infrastructure that supports modern commerce. Card Network Card networks route transactions between banks (e.g.,

article thumbnail

Looking for the Best Payment Gateway? Here’s How to Choose the Right One

Stax

said theyve used electronic payment methods to make a transaction in the past three months. Ensure the gateway offers PCI DSS compliance, encryption, tokenization, and fraud prevention tools to safeguard transactions. With a payment gateway, they simply enter their card details online on your website or app.

article thumbnail

Modernizing Government Payment Systems for Efficiency and Trust

Clearly Payments

Limited Payment Options: Many government platforms still lack support for modern payment methods like mobile wallets, credit cards, and digital banking. Compliance Issues: Governments must adhere to strict regulations like PCI DSS, which can be difficult with aging systems.