Stax

JANUARY 23, 2025

The merchant underwriting process is a critical step that payment processors and financial institutions use to assess the risk associated with onboarding new businesses. Merchant account underwriting is the evaluation process payment processors use to assess whether a business meets the criteria for accepting credit card payments.

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

VISTA InfoSec

NOVEMBER 9, 2023

In the world of digital transactions, businesses handling payment cards must demonstrate their data security measures through the Payment Card Industry Self-Assessment Questionnaire (PCI SAQ). Completing the SAQ is a key step in the PCI DSS assessment process, followed by an Attestation of Compliance (AoC) to confirm accuracy.

PCI DSS 130

PCI DSS Assessments Compliance Credit Cards 130

Stax

MARCH 5, 2025

Payment processors undeniably play a critical role in the success of your online store; all shoppers wont be able to make purchases through your website without a robust payment solution. To accept online payments, you need a payment processor and payment gateway. Payment Gateways vs. Payment Processors: What’s the Difference?

Credit Card Payment Processing 88

Credit Card Payment Processing Credit Cards Process Payment Gateways 88

Stax

JANUARY 21, 2025

Instead of juggling through different types of payment processors and platforms, a payment gateway allows you to accept multiple payment methods at once. Ensure the gateway offers PCI DSS compliance, encryption, tokenization, and fraud prevention tools to safeguard transactions. Learn More What is a Payment Gateway?

Payment Gateways 88

Payment Gateways Gateways PCI DSS Payment APIs and Integration 88

Stax

APRIL 8, 2025

Merchants can, however, negotiate with their payment processor to cut costs, tweak pricing, or secure better rates. Choosing a credit card processor that offers transparent pricing, strong customer support, and top-tier security is the key to lowering processing costs. of your payment processor.

Credit Cards 88

Credit Cards Process Processors Push-to-Card 88

Stax

APRIL 3, 2025

Payment processor – Handles the technical aspects of the payment. Businesses using self-hosted gateways must handle data security measures and comply with industry standards like PCI DSS. Payment processors that comply with this regulation protect businesses from data breaches and credit card fraud.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Payment Gateways Gateways 88

Stax

MARCH 18, 2025

Well also look at key features of a payment processor to help you choose the right one for your business. A typical payment processing procedure involves multiple parties, including the merchant, customer, payment processor, payment gateway, issuing bank, acquiring bank, and card networks.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

Clearly Payments

MARCH 14, 2025

From the cardholder to the merchant, and all the way through the financial institutions and payment processors, each participant brings something essential to the table. Payment Processor Facilitates communication between acquiring and issuing banks. Payment Gateway Secures transaction data and transmits it to the payment processor.

Credit Cards 52

Credit Cards Transactions PCI DSS Online and Mobile Banking 52

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 94

PCI DSS Compliance Processors Breach 94

Stax

MAY 5, 2025

While some payment processors offer robust, clearly written guides, others may provide outdated or incomplete documentation. Consider this from both the perspective of the gateway and the payment processor. Start first with a payment processor that can grow with you. This allows you to manage everything from one central system.

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration Multi-Currency 88

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

NOVEMBER 21, 2024

Authorization The credit card details captured by your POS or online payment gateway will be sent to your payment processor. A payment processor is a company that handles the behind-the-scenes aspects of the credit card transaction process on your behalf. It serves as a link between your website and your payment processor.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

Stax

MARCH 11, 2025

The payment gateway : this is a cloud-based payments software integrated with your website thats responsible for the secure transfer of your customers credit card information to your payment processor. If there are no issues, the bank will inform your payment processor that the transaction has been approved.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

Fi911

MAY 7, 2024

Acquirers and processors within the Mastercard network routinely consult the TMF or MATCH List prior to onboarding a new merchant. Merchants may also be removed from the list if they were added for PCI-DSS noncompliance, but have since become compliant. For example, proving a mistake was made in the original TMF placement.

PCI DSS 104

PCI DSS Processors Compromise Identity Theft 104

Cardfellow

MAY 3, 2025

Its the document you will need to submit to prove your compliance with PCI standards. Your credit card processor may be able to help you with the questionnaire, especially if they are charging a PCI compliance fee. Types of SAQ As you can see on the PCI website , there are several different types of SAQ. Try it today!

Assessments 52

Assessments Processors Credit Cards Data Breach 52

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 88

Credit Cards PCI DSS Compliance Process 88

Clearly Payments

SEPTEMBER 22, 2024

The MATCH (Member Alert to Control High-risk) list is a tool used by acquiring banks and payment processors to manage risk. Why Is the MATCH List Important for Payment Processors? Payment processors use the MATCH list to evaluate the risk associated with a potential merchant. What Is the MATCH List?

Processors 102

Processors PCI DSS Credit Cards Non-Bank 102

Clearly Payments

MAY 2, 2024

Security and Compliance : The contract should detail the payment processor’s compliance with security standards, such as PCI DSS (Payment Card Industry Data Security Standard) , and outline your responsibilities in maintaining security. This compensates the processor for the anticipated revenue lost due to the early termination.

Process 105

Process PCI DSS Processors Payments 105

Stax

JANUARY 15, 2024

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Enter the PCI DSS compliance. The PCI Security Standards Council (PCI SSC) has robust measures to protect cardholder information and prevent unauthorized access, fraud, and data breaches.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

EBizCharge

NOVEMBER 27, 2024

It serves as an intermediary between a merchant and a payment processor, facilitating the transfer of funds during online transactions. This number helps payment processors and banks identify the merchant and track payments accurately. Data encryption: Data is encrypted and sent to the payment processor.

Accounts 52

Accounts Payment Gateways Gateways Payment APIs and Integration 52

Stax

MARCH 4, 2024

TL;DR The PCI DSS determines security protocols and sets the standards for payment security. Safeguarding customer payment information requires secure processes during the collection, transmission, processing and storage of payment data and working with a trusted payment processor. Q: How do I ensure online payment security?

PCI DSS 88

PCI DSS Payment Security Security MFA 88

EBizCharge

MARCH 11, 2025

By integrating a payment processor, companies can improve cash flow, reduce administrative burdens, and gain better visibility into payment activities. These fees typically include interchange fees, which go to the card-issuing bank, assessment fees charged by the card networks, and payment processor fees for handling the transaction.

Processing Costs 52

Processing Costs Process Credit Cards Payment Gateways 52

Clearly Payments

JANUARY 16, 2024

Payment Processor Markup: In addition to interchange fees, merchants work with payment processors who charge a markup for their services. This markup is an additional fee on top of the interchange fees and covers the payment processor’s costs and profit. You can read more on the interchange fees by country.

PCI DSS 105

PCI DSS Debit Card Processors Credit Cards 105

Paystand

SEPTEMBER 18, 2024

Choosing the right Payment Facilitator Payment Processor vs. Payment Facilitator Payment Gateway Vs. a Payment Facilitator Key Takeaways Payment Facilitators Simplify Transactions : They allow sub-merchants to accept card payments without needing a direct relationship with an acquiring bank. How Do Payment Facilitators Work?

Processors 40

Processors Facilitators PCI DSS Payment Gateways 40

Segpay

FEBRUARY 24, 2025

There seems to be a lot of misunderstanding about the differences between a Payment Gateway, a Payment Processor and a Payment Service Provider (PSP). It is important for merchants to understand the distinctions between a Gateway, a Processor, and a PSP. Communicates with the issuing bank and payment processor.

Payment Gateways 45

Payment Gateways Processors Gateways Payment Service Provider (PSP) 45

Clearly Payments

FEBRUARY 23, 2024

Top 10 Metrics for Payment Processors The top metrics for payment processors can vary depending on the specific goals and objectives of the business, but generally, the following are considered important: Transaction Volume : The total number of transactions processed through the payment processor.

Processors 105

Processors PCI DSS Payments Volume 105

EBizCharge

JANUARY 16, 2025

Here are three top benefits of MCCs: Streamlined payment processing: MCCs enable payment processors to categorize transactions quickly, speeding up payment approvals from credit card companies. This helps credit card companies and payment processors understand what kind of goods or services are being sold.

Credit Cards 52

Credit Cards Processors PCI DSS Fraud Detection 52

Clearly Payments

DECEMBER 5, 2023

This comprehensive guide aims to unravel the complexities and distinctions among three primary types of payment processors: Acquirers, Independent Sales Organizations (ISOs), and Aggregators. Here are examples of some of the top payment processors. Here’s also a list of the best payment processors.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

Clearly Payments

JANUARY 12, 2024

Contact the Payment Processor Notify your payment processor as soon as possible. Merchants should invest in secure payment processing systems, utilize encryption technologies, and comply with Payment Card Industry Data Security Standard (PCI DSS) requirements.

Credit Cards 105

Credit Cards Law Enforcement Card Issuer PCI DSS 105

Stax

FEBRUARY 19, 2025

SaaS companies must adhere to industry standards such as PCI DSS to ensure customer transactions are safe. Compliance and data privacy risks Payment processing involves handling sensitive customer information, making compliance with security standards such as PCI DSS (Payment Card Industry Data Security Standard) essential.

Payments 88

Payments PCI DSS Compliance Risk 88

Stax

MARCH 15, 2024

Secure payment systems are easy to implement, as you use your payment processor to create a secure payment gateway. Compliance with these standards ensures that merchants and payment processors implement robust security measures to safeguard financial data.

Process 88

Process Security PCI DSS Encryption 88

Segpay

JANUARY 30, 2025

Payment processors, PSPs, acquiring banks and payment gateways operate under strict regulations. This raises concerns about: Data Mismanagement: Even unintentional lapses in securing data can expose payment processors to liability. The processors reputation could be at risk if an AI companys solution is implicated in a scandal.

Merchant Payment Processing 52

Merchant Payment Processing Processors AI Process 52

Fintech Finance

MARCH 20, 2024

A platform that has been developed to ensure the secure transmission of sensitive payment card data, serving as a vital link between MeaWallet customers, payment processors and service providers. MeaWallet , a leading digital payments enabler specialising in card tokenization, today announces the launch of its global Mea Card Gateway.

PCI DSS 52

PCI DSS Gateways Security Push-to-Card 52

Stax

MARCH 18, 2025

Tokenization streamlines PCI DSS compliance, can improve customer retention, and provides an extra layer of security for payment collection. Your payment processor will then take the sensitive data its received and send it onwards to a secure tokenization service. Lets break this down so you can better understand how it works.

PCI DSS 88

PCI DSS Encryption Data Breach Credit Cards 88

EBizCharge

MARCH 18, 2025

Payment security A reliable Sage 100 payment processing solution will protect customer payment information by implementing robust security protocols and ensuring full compliance with Payment Card Industry Data Security Standards (PCI-DSS).

Credit Cards 52

Credit Cards Process Security Data Breach 52

Stax

JANUARY 22, 2024

Request Quote Payment Processing and the Payment Processor Ecosystem Before getting into the specifics, let’s take a moment to give ourselves a high-level view of online payment processing. Payment processors are the behind-the-scenes entities that handle the authorization, capture, and settlement of transactions.

Payment Gateways 88

Payment Gateways Gateways Facilitators PCI DSS 88

Fintech News

FEBRUARY 21, 2024

How dedicated SaaS gives the flexibility to grow quickly in new payment areas Source: Freepik Dedicated SaaS enables banks, processors, and ambitious fintechs to transition from capital expenditure to operational expenses. This allows banks and processors to quickly configure unique products and services and release them to the market.

Payment APIs and Integration 107

Payment APIs and Integration PCI DSS Payments Compliance 107