Fintech Finance

DECEMBER 16, 2024

Through its Payment Orchestration Platform, Praxis Tech connects merchants to over 600 Payment Service Providers (PSPs) worldwide via a single API integration. ” This adds to Praxis Tech’s existing data compliance credentials, including its adherence to the PCI-DSS Level 1 standard for safeguarding card payment data.

ISOs 95

ISOs PCI DSS Accreditation Security 95

VISTA InfoSec

FEBRUARY 28, 2024

In our ongoing series of articles on the Payment Card Industry Data Security Standard (PCI DSS), we’ve been examining each requirement in detail. In this blog post, we will delve into the changes introduced in PCI DSS Requirement 8 from version 3.2.1 Higher risk systems need more frequent changes.

PCI DSS 130

PCI DSS Best Practices Authentication Rules 130

Stax

JULY 16, 2024

As more consumers gravitate online, they risk putting more sensitive authentication data and financial information on the internet. If merchants are exposed to security vulnerabilities when processing digital payments, the risk of cardholder data falling into the wrong hands increases exponentially. Learn More What Is PCI DSS?

PCI DSS 88

PCI DSS Compliance Credit Cards Encryption 88

VISTA InfoSec

JANUARY 22, 2024

In our exploration of PCI DSS v4.0’s It boils down to minimizing the risk of data breaches and maximizing the security of cardholder information. Changes in Requirement 3 from PCI DSS v3.2.1 PCI DSS v3.2.1 PCI DSS v4.0 If allowed, ensure data protection as per PCI DSS Requirements.

PCI DSS 100

PCI DSS Encryption Procedures Authentication 100

Basis Theory

NOVEMBER 12, 2024

How tokenization applies to being PCI compliant and meeting the 12 PCI DSS requirements. Because sensitive card data is replaced by a token and cardholder data is stored off your systems, the PCI compliance scope is greatly reduced. Any service used for tokenization must scale to meet the demand of its clients.

Encryption 157

Encryption Payment APIs and Integration PCI DSS Returns 157

EBizCharge

MARCH 31, 2025

When managing a business with Sage software, choosing the right merchant services provider (MSP) can significantly impact payment processing, cash flow management, and overall efficiency. With so many options available, its important to understand what sets a great merchant services provider apart. What is Sage software?

Service Provider 52

Service Provider MSPS Payment Gateways Gateways 52

VISTA InfoSec

OCTOBER 11, 2023

The Payment Card Industry Data Security Standard ( PCI DSS ) aims to prevent financial fraud by securing payment card data. In this process, you’ll come across key terms like PCI SAQ (Self-Assessment Questionnaire), AOC (Attestation of Compliance), and PCI ROC (Report on Compliance). First off, we have a QSA.

PCI DSS 130

PCI DSS Audit Compliance Assessments 130

The Payments Association

MAY 16, 2025

Traditionally, payment orchestration platforms were designed to serve a straightforward function: routing transactions between merchants and various payment service providers (PSPs). These tokens are useless if intercepted, significantly mitigating the risk of data breaches. This supports robust risk management strategies.

Transactions 88

Transactions PCI DSS Payments Multi-Currency 88

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. Key steps include application review, risk assessment, credit checks, and compliance verification. Learn More What is Merchant Account Underwriting?

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

Stax

JANUARY 21, 2025

Consider support for high-risk industries if applicable. Ensure the gateway offers PCI DSS compliance, encryption, tokenization, and fraud prevention tools to safeguard transactions. Also, some businesses in industries like cryptocurrency, gaming, gambling, and travel are considered high risk.

Payment Gateways 88

Payment Gateways Gateways PCI DSS Payment APIs and Integration 88

Stax

APRIL 3, 2025

Some offer hands-off support from the payment gateway provider while others require regular maintenance and support. That said, lets dive into the different types of eCommerce payment solutions: Hosted payment gateways Hosted payment gateways are provided by a payment service provider (PSP).

Payment Solutions 88

Payment Solutions Payment APIs and Integration Payment Gateways Gateways 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. Failure to meet these standards could result in fines or bans as a merchant or service, rendering you unable to process payments or send payment data with the major networks.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

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

AUGUST 29, 2024

A PSP (Payment Service Provider) can equip your eCommerce and brick-and-mortar business with an all-in-one platform that supports multiple payment systems, including debit & credit cards, eWallets, and bank transfers (ACH). For example, Stripe is a payment service provider that offers shared merchant accounts to its platform users.

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking 88

The Payments Association

JUNE 3, 2025

Moreover, network tokenisation reduces the regulatory burden by eliminating the need to store sensitive card data, supporting the Payment Card Industry Data Security Standard (PCI DSS) compliance and lowering the risk of data breaches. This enables rapid scaling of new payment use cases, without duplicating risk exposure.

Security 88

Security Payment Security Payment APIs and Integration Credential 88

Stax

MARCH 18, 2025

A good system plays a vital role in managing cash flow, alleviating fraud risk, and enhancing customer satisfaction. The issuing bank approves or declines the transaction – If the payment details are correct, the customer has sufficient funds in their account, and theres no fraud risk, the issuing bank approves the transaction.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

Fintech Finance

JUNE 9, 2025

PayU GPO , the leading online payment service provider operating in over 40 emerging markets, announces a major step forward in its commitment to Africa, unveiling the launch of Account-to-Account (A2A) payments in Nigeria and the appointment of Ryan Engel as the new Country Manager for South Africa.

PCI DSS 52

PCI DSS Online and Mobile Banking Financial Inclusion Alternative Payment Methods 52

Stax

APRIL 8, 2025

Since each player sets its own rates, credit card processing fees can vary based on your choice of credit card processing service provider, their fee structure, and the types of transactions you process. 2.7%), since in-person transactions carry lower fraud risk. This fee isnt a fixed rate for all transactions.

Credit Cards 88

Credit Cards Process Processors Push-to-Card 88

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

Stax

MARCH 5, 2025

To choose the right solution, you need to look at various factors when evaluating potential providers, including supported payment types, transaction fees and pricing structures, payout speed, and PCI DSS compliance. Consult with your current merchant services provider.

Credit Card Payment Processing 88

Credit Card Payment Processing Credit Cards Process Payment Gateways 88

Stax

MARCH 11, 2025

This article will show all you need to know about online credit card processing and how you can select the best payment services provider for your needs. You will receive your payment in full, while the customer will repay the loan in interest-free installments (but there are associated fees) to the credit provider.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

Stax

JANUARY 28, 2025

The payment system unified all the distinct online checkouts offered by Visa, American Express, Mastercard, and Discover, and once customers register their cards with any of the major card networks, they only need to tap the Click to Pay button on the websites of online retailers and service providers to make payments.

Payment APIs and Integration 68

Payment APIs and Integration Online and Mobile Banking Payment Gateways Gateways 68

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

PYMNTS

JANUARY 14, 2020

In financial services, demand for ease of use and security are sky-high, even for business customers. But for many service providers, achieving one can often mean compromising the other. Other regulations adding weight to financial service providers’ compliance burden include Europe’s PSD2 and the U.K.’s

Security 101

Security PCI DSS Compromise Service Provider 101

Stax

NOVEMBER 21, 2024

It also ensures that data security best practices, particularly PCI DSS (Payment Card Industry Data Security Standards) requirements , are followed to the letter to prevent any breach or loss of sensitive customer data. Over-the-phone transactions This is when the customer purchases your goods or services via a telephone order.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

The Fintech Times

APRIL 10, 2024

PXP Financial , the global acquiring, payment, fraud, and data analysis service provider, has received accreditation from Mastercard to become a Token Service Provider. We are delighted to announce our accreditation.”

Visa 105

Visa PCI DSS Accreditation Identity Theft 105

The Payments Association

APRIL 17, 2025

Paysecures solutions include its unified payments hub, designed to simplify operations for merchants in various sectors, Host-2-Host integrations, cashier services, and plug-in modules for seamless deployment on external platforms. “Its an incredible honour to be recognised at SiGMA Americas, especially amongst such outstanding peers.”

PCI DSS 88

PCI DSS Risk Mitigation Payments Mitigation 88

Stax

MARCH 4, 2024

To stay ahead of fraud means merchants must understand the threats, use trusted and secure providers, and keep up to date on payment security trends. TL;DR The PCI DSS determines security protocols and sets the standards for payment security. As a Level 1 PCI Service Provider, Stax offers the highest level of PCI compliance.

PCI DSS 88

PCI DSS Payment Security Security MFA 88

Stax

APRIL 10, 2025

You also need a payment services provider that supports your chosen payment methods, but that providers platform must integrate seamlessly with your existing CRM, ERP, payroll, CMS, and accounting software systems. Such gateways present a more risk-averse way for you to accept cryptocurrency payments.

Small Business 88

Small Business Wire Transfer BNPL ACH 88

PYMNTS

OCTOBER 5, 2020

Retailers must protect customers’ card data from hackers who try to snatch payment details, and following best practices to ensure security requires adhering to the regulations established by the PCI SSC, a global payments industry forum. The regulations can be numerous, however, with PCI DSS including 246 nonwaivable requirements.

Data Breach 82

Data Breach Breach PCI DSS Compliance 82

The Fintech Times

SEPTEMBER 24, 2024

“By automating risk assessments and ensuring encryption and secure data management, regtech not only reduces the chances of human error but also enables continuous monitoring for data breaches, thereby safeguarding privacy in an increasingly complex digital landscape.

Privacy 107

Privacy Compliance PCI DSS Rules 107

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. Going further than PCI compliance, Mea Card Gateway offers a plethora of additional unique functionalities.

PCI DSS 52

PCI DSS Gateways Security Push-to-Card 52

Clearly Payments

JANUARY 16, 2024

These fees serve as compensation for the risks and costs associated with facilitating electronic transactions. online purchases) due to the increased risk of fraud associated with the latter. Interchange fees are typically expressed as a percentage of the transaction amount plus a flat fee.

PCI DSS 105

PCI DSS Debit Card Processors Credit Cards 105

Clearly Payments

DECEMBER 3, 2023

Ayden: Global payment company providing solutions for businesses of all sizes (International). Bambora (now Ingenico): Global payment service provider (International). BluePay (now First Data, Fiserv): Technology-enabled payment processing services (United States).

Payment Gateways 105

Payment Gateways Gateways Online and Mobile Banking Payment APIs and Integration 105

Stax

MARCH 15, 2024

The primary security standards that payment systems typically adhere to include: Payment Card Industry Data Security Standard (PCI DSS): PCI DSS sets forth requirements for securing payment card data, including encryption, access control, network monitoring, and regular security testing.

Process 88

Process Security PCI DSS Encryption 88

Fintech News

SEPTEMBER 9, 2024

The country’s Digital Minister Gobind Singh Deo said in July discussions are ongoing on integrating MyDigital ID with the banking sector as well as Touch ‘n Go, the Employees Provident Fund (EPF) i-Akaun and the Inland Revenue Board.

Deepfake 126

Deepfake PCI DSS Verification Financial Inclusion 126

The Fintech Times

JULY 20, 2024

Problems caused by another ‘glitch’ in a content update for devices running Microsoft Windows, originating from a cybersecurity service provider Crowdstrike. “The government needs to consider the risk that comes with so few companies controlling so much of our essential infrastructure.

Payments 122

Payments Mitigation Cybersecurity ISO 20022 122