Stax

JANUARY 21, 2025

Ensure the gateway offers PCI DSS compliance, encryption, tokenization, and fraud prevention tools to safeguard transactions. The ideal payment gateway should match your business model, target audience, transaction volume, and nature of products or services. However, it might only be suitable for smaller transaction volumes.

Payment Gateways 88

Payment Gateways Gateways PCI DSS Payment APIs and Integration 88

Clearly Payments

JANUARY 21, 2025

Despite the volume and variety, many still rely on outdated systems that pose significant challenges: Inefficiency: Legacy systems often require manual intervention, increasing the time and cost of processing payments. Compliance Issues: Governments must adhere to strict regulations like PCI DSS, which can be difficult with aging systems.

Government Payments 59

Government Payments Government Governance PCI DSS 59

Ikajo

MAY 19, 2021

However, in 2019, the share of fraud in total card transaction volume started to decrease. If in 2018 fraud accounted for 6.86¢ of every $100 of total volume, a year later, it reduced to 6.78¢. One of the key factors making it possible is the industry’s joint efforts to enhance card transactions security, reflected in PCI DSS.

PCI DSS 52

PCI DSS Compliance Encryption Security 52

Stax

JANUARY 23, 2025

The merchant underwriting process helps reduce fraud (including chargeback volume), ensures compliance with regulations, and protects financial stability in the payment processing space. Ensuring adherence to legal and regulatory standards, such as PCI DSS (Payment Card Industry Data Security Standard) requirements.

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

The Payments Association

OCTOBER 28, 2024

The surge in transaction volumes and the need for quick product launches have challenged legacy systems, which were not designed to accommodate these new demands. Transaction volumes have surged, and there is a need for quick introduction of new payment products.

Process 100

Process Payment APIs and Integration Processors Payments 100

Stax

APRIL 3, 2025

Evaluate your business size, transaction volume, industry considerations, total cost, and customer experience. Businesses using self-hosted gateways must handle data security measures and comply with industry standards like PCI DSS. This model might become expensive in the long run, especially with high transaction volumes.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Payment Gateways Gateways 88

Fintech Finance

FEBRUARY 17, 2025

This initiative significantly improves operational efficiency while adhering to world-class compliance and risk standards such as PCI-DSS Level 1, FATF and more. “Compliance is the foundation of trust in global payments.

Compliance 59

Compliance Payment Solutions Global Payments Risk 59

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. This means you pay the applicable rate for the tier your volume of transactions falls under for a particular month.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

Clearly Payments

NOVEMBER 13, 2024

Payment processors typically must apply for membership and meet the network’s standards, including security, compliance, and transaction volume criteria. Compliance with Network Standards : Visa and Mastercard, for example, require strict adherence to Payment Card Industry Data Security Standards (PCI DSS).

Process 104

Process Processors Payments Compliance 104

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

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

APRIL 8, 2025

PCI compliance fee – This fee is usually charged by the payment processor or acquiring bank to ensure the business follows Payment Card Industry Data Security Standard ( PCI DSS ) requirements to protect customer data. Transaction volume – You can negotiate better rates if you have high sales volumes.

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. PCI DSS requirements Businesses must complete a self-assessment questionnaire (SAQ) as part of the validation process.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

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

Stax

MARCH 18, 2025

Also, they may not be the best for high-volume businesses. The ideal pricing structure for your business depends on various factors, such as your business model, your customers preferred payment methods, and monthly/annual transaction volumes. If your business receives high transaction volumes, you can negotiate lower fees.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

Stax

FEBRUARY 19, 2025

SaaS companies must adhere to industry standards such as PCI DSS to ensure customer transactions are safe. Future-Proofing: A modern integrated systems provider should be equipped to handle increased transaction volumes and evolving customer needs. Adaptability: Ensure they have experience supporting businesses of all sizes.

Payments 88

Payments PCI DSS Compliance Risk 88

Stax

MARCH 11, 2025

Encryption and transfer of payment information The payment gateway that underpins your checkout page will now encrypt the customers payment details as stipulated by industry data security regulations like PCI DSS (Payment Card Industry Data Security Standard) before transferring the data to your payment processor.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

EBizCharge

FEBRUARY 24, 2025

Wire transfers: Wire transfers are a reliable method for large sums or international payments in NetSuite since they offer fast and secure transactions, making them ideal for businesses dealing with significant volumes. This method is ideal for handling large volumes of data, as it ensures quicker and more efficient payments.

Payment Gateways 52

Payment Gateways Gateways Electronic Funds Transfer (EFT) Wire Transfer 52

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 fee ensures that the merchant’s payment system is secure and customer data is protected.

Process 105

Process PCI DSS Processors Payments 105

Clearly Payments

DECEMBER 3, 2023

Consider your business needs, target audience, and transaction volume when selecting the gateway that aligns best with your objectives. PCI DSS Compliance: Payment Card Industry Data Security Standard (PCI DSS) compliance is crucial for safeguarding cardholder data.

Payment Gateways 105

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

Exact Payments

FEBRUARY 5, 2024

Enter the Payment Card Industry Data Security Standard (PCI DSS): a comprehensive framework that sets forth stringent rules and regulations to ensure the secure handling, processing, and transmission of cardholder information. As we approach the highly anticipated release of PCI DSS 4.0 a notable change is on the horizon.

ISVS 52

ISVS PCI DSS Encryption Authentication 52

EBizCharge

MARCH 7, 2025

These integrations also offer competitive transaction fees, making it a cost-effective choice for businesses handling high-volume transactions. Compliance with industry standards: Compliance with Payment Card Industry Data Security Standards (PCI-DSS) is another significant benefit of integrating a payment gateway into Acumatica.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Payments 52

EBizCharge

MARCH 11, 2025

Factors like transaction volume, payment speed, and the type of ACH transfer can also influence the overall cost. Some Acumatica payment gateways charge separate monthly fees for their services, which vary based on transaction volume, security features, and additional tools. Dont be afraid to ask for a better deal.

Processing Costs 52

Processing Costs Process Credit Cards Payment Gateways 52

Clearly Payments

FEBRUARY 23, 2024

These metrics can span across different functional areas, including transaction volume, processing times, customer satisfaction scores, fraud rates , and many more. Security and Compliance Metrics : Metrics related to security measures and compliance with industry standards and regulations (such as PCI DSS compliance ).

Processors 105

Processors PCI DSS Payments Volume 105

Fintech Finance

APRIL 8, 2025

As a result, daily transaction volumes at ATM & CRM usage surged from 35 million transactions in 2021 to 45 million in 2024, and virtual card transactions increased almost six-fold, demonstrating the strong adoption of innovations.

PCI DSS 94

PCI DSS ATM Debit Card Accreditation 94

Clearly Payments

FEBRUARY 7, 2024

These metrics provide valuable insights into various aspects of payment processing, including transaction volume, customer behavior, and financial health. Transaction Volume (aka Total Sales) Transaction volume is a fundamental metric that measures the total number of transactions processed within a specific timeframe.

Process 98

Process PCI DSS Processing Costs Settlement 98

Clearly Payments

DECEMBER 2, 2024

Suitable for high-volume retail and service environments. May not support high transaction volumes efficiently. Cons Not ideal for high-volume transactions. The right choice depends on factors like the type of business, customer preferences, transaction volume, and budget. Pros Fast and secure transactions.

Credit Cards 105

Credit Cards Payment Gateways Gateways Point-of-Sale (POS) 105

Stax

JANUARY 28, 2025

Scalable technology: the provider must be able to support high-volume transactions so you wont need to go through the pains and costs of migrating to another provider as your business expands in the future. Your provider should help with this.

Payment APIs and Integration 68

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

EBizCharge

MARCH 31, 2025

Lower processing fees can result in significant long-term savings, especially for businesses with higher transaction volumes. Security and PCI compliance Since payment processing involves handling sensitive financial data, security should be a top priority.

Service Provider 52

Service Provider MSPS Payment Gateways Online and Mobile Banking 52

Clearly Payments

JANUARY 16, 2024

Merchants, particularly those with substantial transaction volumes, should negotiate terms and fees with their payment service providers or switch to a low cost payment processor like Clearly Payments. While card network fees are non-negotiable, processors may be able to offer competitive rates and favorable terms.

PCI DSS 105

PCI DSS Debit Card Processors Credit Cards 105

Fintech News

SEPTEMBER 9, 2024

He says Jumio’s solutions are built on a foundation of compliance and security and have achieved key certifications like ISO/IEC 27001:2013, PCI DSS, and SOC2 Type 2, amid regular reviews of its security objectives, risks, and controls to improve processes.

Deepfake 125

Deepfake PCI DSS Verification Financial Inclusion 125

Payments Source

JULY 28, 2020

Business size and payment volume all play a role in what's needed for compliance, says 2Checkout's Madalin Cojocariu.

Volume 120

Volume Compliance PCI DSS Payments 120

Clearly Payments

SEPTEMBER 13, 2024

They also ensure compliance with industry standards like PCI DSS. They cater to a wide range of businesses that handle high transaction volumes, diverse customer bases, or need access to multiple payment methods. This data can be used to optimize payment strategies, identify trends, and make informed decisions.

Payment APIs and Integration 104

Payment APIs and Integration Multi-Currency Payments Gateways 104

PYMNTS

FEBRUARY 10, 2020

” The SAP add-on assists with digital payment types that have to comply with the Payment Card Industry Data Security Standard (PCI DSS). Clover’s Q4 saw an increase in annualized gross payment volume by more than 40 percent year over year. The adjusted revenue was $3.7 billion, slightly under the $3.8 billion expected.

B2B 67

B2B PCI DSS Payments Adjustments 67

PYMNTS

OCTOBER 7, 2020

To make the point more, well, pointy, the Playbook notes that “… the dollar volume of credit and debit card fraud in the U.S. The uptick in fraud is creating a widespread market demand for education on regulatory compliance, including explanations about what is needed to comply with standards such as PCI DSS and the PSD2.

Compliance 80

Compliance PCI DSS Payment Gateways Gateways 80

Fintech News

FEBRUARY 21, 2024

Inquire about volume commitments, transaction costs, additional service fees, and the potential for expanded functionality without extra development. Cost reduction. Compare the shift from CapEx to OpEx with potential on-premise costs, including hardware, data center setup, technical resources, and license fees. System administration.

Payment APIs and Integration 106

Payment APIs and Integration PCI DSS Payments Compliance 106

Stax

DECEMBER 27, 2023

Different providers will charge different fees for their services, such as per-transaction fees or monthly and annual fees based on sales volume. Because physical store locations may be required to process high sales volumes, retail accounts are capable of quick credit card processing. The payment methods you want to accept.

Accounts 88

Accounts Online and Mobile Banking Payment Gateways PCI DSS 88