Fintech Finance

JANUARY 6, 2025

PayMint has also ensured its commitment to global standards for customer data security and payment procedures by obtaining the latest PCI-DSS certification. This step not only enhances FinTech services but also empowers individuals to manage their finances more efficiently, contributing to their financial stability.

Central Bank

Stax

JUNE 17, 2025

These requirements typically include: A formal business entity in good standing Strong financials and a clean credit history A detailed business plan outlining your sales strategy, target merchants, and operational procedures Background checks for business owners and key personnel 2.

ISOs

EBizCharge

APRIL 7, 2025

Proper data management during migration helps prevent security risks while maintaining streamlined business procedures. Businesses should use reliable reporting tools to monitor these backups and store this information in a trusted system. Think of it as protecting the foundation of your operations while expanding to new heights.

Assessments

EBizCharge

MARCH 3, 2025

This automation ensures that payments are processed consistently, improving cash flow management and minimizing delays. Additionally, the Acumatica scheduler integrates with payment gateways to process transactions at predefined intervals, allowing businesses to optimize their financial operations without constant oversight.

Credit Cards

Stax

FEBRUARY 19, 2025

Seek out a payment processing provider that has worked with other SaaS companies and is willing to take the extra time and energy to learn all about your software company. Request documentation on their security policies, fraud prevention measures, and incident response procedures to minimize risks.

Payments

The Fintech Times

JANUARY 6, 2025

” PayMint has also ensured its commitment to global standards for customer data security and payment procedures by obtaining the latest PCI-DSS certification. “Our PCI-DSS certification reinforces the trust we have built with our clients by offering fully secure services,” explained Mohamed Yehia , VC of PayMint.

Financial Inclusion

Stax

SEPTEMBER 17, 2024

A payment gateway is a must-have for online stores. In fact, research from 2023 shows that 69% of Americans said they’ve used a digital payment method in the past 3 months when making a purchase. And the best way for online businesses to start accepting payments is with a payment gateway.

Payment Gateways

Payment Savvy

NOVEMBER 11, 2020

That is the reason why payment gateways were created. How to Define a Payment Gateway. One can define a payment gateway as the technology capturing and transferring online payment data from the customer to the acquiring bank account. As a result, a merchant can accept payments without complications.

Payment Gateways

Stax

MARCH 15, 2024

Making sure there are secure payment technology policies and procedures within your company will guarantee the integrity of present and future transactions. Secure payment systems are easy to implement, as you use your payment processor to create a secure payment gateway. What Are Secure Payment Systems?

Process

Stax

FEBRUARY 26, 2024

Because the transaction takes place through a payment gateway that utilizes data encryption or tokenization to secure sensitive information during transmission, accepting payments using a virtual terminal from Stax (which is PCI compliant) is secure. How Does a Contactless Virtual Terminal Work?

Credit Cards

PYMNTS

OCTOBER 5, 2016

“During the checkout process, the user never leaves the merchant’s website – the payment widget is securely embedded into the checkout procedure on the site. This sets Peach Payments apart from many online payment systems that take the user to another website, a payment gateway, to complete the payment,” Jain stated.

FinTech

Stax

JANUARY 8, 2024

To establish an effective risk management program as a PayFac, you must establish a dedicated risk management team, utilize the right tools and technology, develop proper risk management policies and procedures, conduct regular risk audits, and stay up-to-date with the latest industry regulations.

Risk Management

Stax

JANUARY 29, 2024

In today’s fast-paced business landscape, efficient and seamless payment processing is paramount to your bottom line. However, staying focused on the big picture can be challenging if your business is bogged down by repetitive payments and intricate billing procedures—both common hurdles for a billing system with inadequate functionality.

Payment APIs and Integration

VISTA InfoSec

JULY 5, 2023

This widely accepted set of policies and procedures is designed to enhance the security of credit, debit, and cash card transactions, while also protecting cardholders from the misuse of their personal information. It is essential for all businesses that accept credit and debit card payments to comply with the PCI DSS.

PCI DSS

Stax

MARCH 6, 2024

Integrate with Payment Gateway: The payment gateway transfers payment information and funds between the customer’s account, bank, and the business’s account. This may come with the billing software platform , or a gateway provider may need to be sought separately.

Best Practices

Fi911

MAY 22, 2024

They can occur through multiple financial channels, including credit card transactions, bank transfers, and digital payment services. Different types of payment reversals exist, each with distinct procedures and implications. Why Do Payment Reversals Happen? There are dozens of reasons why payment reversals happen.

Payer

EBizCharge

NOVEMBER 21, 2024

To mitigate payment delays and avoid payment interest penalties, understanding the constructive acceptance period and applicable agency procedures can ensure timely and efficient processing. By adhering to the defined payment procedures, businesses can avoid additional penalty payments and maintain smooth financial operations.

Procedures

M2P Fintech

DECEMBER 17, 2024

KYC procedures validate their identity and legitimacy through checks on business licenses and ownership details. Self-service capabilities enable merchants to update information, manage payment options, and resolve disputes independently.

Fraud Detection

Stax

AUGUST 20, 2024

This process typically involves a two-step verification procedure that requires additional information from the customer, such as a PIN or one-time password. A payment processor with experience in 3D Secure implementation can provide valuable guidance, troubleshoot issues, and ensure a smoother transition.

Authentication

Stax

MAY 7, 2024

The transactional procedures are the authorization, clearing, and settlement processes of the funds being transferred. To complete payment processing, credit card companies have to charge processing fees. Payment gateway fees – Businesses need a payment gateway to process online card transactions.

Credit Cards

Core

OCTOBER 4, 2023

With the rising prevalence of eCommerce and online transactions, physical payment terminals and manual payments gave way to new, digitally driven solutions. These ERP payment solutions use payment gateways as a virtual bridge between an organization’s central financial hub and consumer payment options.

Governance

Segpay

JANUARY 30, 2025

Whether it is to accept subscription fees for AI-powered software, micropayments for API calls, or licensing fees, AI companies need to partner with a secure payment service provider. Payment processors, PSPs, acquiring banks and payment gateways operate under strict regulations.

Merchant Payment Processing

Stax

MARCH 15, 2025

As a Stax Connect partner, you can leverage these capabilities to provide comprehensive payment solutions to your users. When offering payment gateway and processing services, concerns around funding, data security, and chargebacks will inevitably arise. A payment gateway is what connects a customer to a merchant.

Enrollments

The Fintech Times

MAY 7, 2024

Diversification of payment methods: The market is witnessing a broadening of payment avenues, including QR codes , bank transfers, and cryptocurrencies. Electronic payment platforms are emerging as comprehensive solutions, offering a variety of payment methods through a single interface.

Digital Payments

Stax

NOVEMBER 11, 2024

Because check payments include not only the bank account number but also name and address, this payment method is not a recommended option. And, of course, there’s no possibility for cardholder’s sensitive card information to get released as there can be with a payment gateway that lacks good security.)

ACH

Exact Payments

SEPTEMBER 25, 2023

Specifically, you will need to: Register with an acquiring bank Register with the card brands (Visa, Mastercard, American Express, Discover) Decide on a payment gateway (this is only relevant if you won’t be using or developing a proprietary payment gateway).

PCI DSS

Basis Theory

OCTOBER 1, 2024

Whether that is collecting credit card numbers to transmit with a payment gateway, placing details into a shared customer relationship management system, or storing card numbers in an encrypted database—all of this sensitive information must be protected according to the specifics of the PCI-DSS standard.

PCI DSS

Stax

JANUARY 15, 2024

Follow these tips to stick to federal regulations: Refer to federal regulations when drafting internal policies and procedures. Below are some quick tips to ensure compliance with international laws: ​​Collaborate with industry-trusted payment processors for seamless international multi-currency transactions without legal complications.

Credit Cards

EBizCharge

MAY 13, 2024

Payment processing can be automated by integrating payment gateways with accounting or AR automation platforms, allowing customers to make electronic payments securely using various methods such as credit and debit cards or bank transfers.

Automation

Tearsheet

FEBRUARY 1, 2024

Can it re-route to payment gateways without any probability of error? On the bright side, when it comes to payment security, consumers are comfortable with ensuring that the right protection measures are in place when making payments. Does the business’ checkout process reflect a simple user interface?

Cross-Border

EBizCharge

JULY 2, 2024

The importance of seamless payment collections A seamless payment collection process is crucial for businesses as it ensures efficiency and customer satisfaction. Ease of use is another factor; simple payment procedures require less effort from customers, enhancing their overall experience with the brand.

Contactless Payments

Fintech News

JUNE 10, 2024

SoVa provides a comprehensive service that guides users through administrative procedures related to tax, labor, and registration, as well as handling accounting operations. Kentaro Yamamoto, 29, Founder and CEO, SoVa, Japan Kentaro Yamamoto is the founder and CEO of SoVa, a virtual accounting office based in Japan. The startup secured US$6.1

FinTech

PYMNTS

DECEMBER 14, 2017

The disjointed process of finding and linking up with a merchant provider, or of using different payments gateways, would disappear. Along with underwriting (which itself takes a lot of work) comes policies and procedures that govern KYC and anti-money laundering (AML) processes.

Facilitators

EBizCharge

MARCH 12, 2024

This not only streamlines the payment process but also minimizes the risk of late payments. Optimized payment collections workflow Incorporating AR automation software and efficient collection procedures can significantly optimize your payment collections workflow.

Accounts

Payment Savvy

JULY 3, 2024

Businesses that learn the ins and outs of debit card processing can better accommodate their customers’ preferences and rationalize their financial procedures. Once the card is swiped, tapped, or details entered, the merchant’s POS system or payment gateway captures the transaction details.

Debit Card

Stax

SEPTEMBER 17, 2024

Implement Required Security Controls This may include deploying firewalls, encryption technologies, anti-virus software, and access control measures for your Point-of-Sale (POS) software, your payment gateway software, and any other place your payment card data and sensitive information like card numbers and account data may be accessible.

Credit Cards

Nanonets

MARCH 21, 2023

Nanonets' solution is highly configurable, so businesses can set up rules and workflows that align with their specific procurement policies and procedures. Flow by Nanonets automates payment processing by integrating with payment gateways such as PayPal, Stripe, and Braintree, allowing for quick and easy payment processing.

Automation