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With PCIDSS certification, a focus on 360-degree user trust, and advanced tech capabilities, Paysecure empowers merchants to optimise their payment operations with full control and transparency. “Its an incredible honour to be recognised at SiGMA Americas, especially amongst such outstanding peers.”
However, you must ensure that all systems comply with security standards such as PCIDSS. Final Words Risks are a persistent factor for PayFacs and can be a cause for serious losses for the entire payment ecosystem. Any breach of this information can cause colossal losses to merchants, customers, and marketplaces.
Regulatory Compliance: Helps lenders stay compliant with regulations such as GDPR, PCIDSS, and other financial industry standards, reducing the risk of legal penalties.
Riskmitigation Given that PayFacs handle the most sensitive information of customers – their payment data – they must keep it secure and detect unauthorized transactions. Look into their payment fraud prevention measures, including data encryption, anti-fraud filters, and adherence to PCIDSS.
Security and PCI compliance: Ensure the gateway is compliant with Payment Card Industry Data Security Standards (PCIDSS) and offers comprehensive security features, such as encryption, tokenization, and fraud prevention tools. This helps protect both your business and customers’ sensitive payment information.
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