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Glossary: 117 software-led payments terms to know

Payrix

Quality Security Assessor (QSA) Designation for entities that meet specific security education requirements, have taken the appropriate training from the PCI Security Standards Council, are employees of a PCI-approved security and auditing firm, and will be performing PCI compliance assessments as they relate to the protection of payment card data.

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How to Choose Between EFT vs ACH: A Comprehensive Guide

Stax

ACH Credit or direct deposit refers to when the payer pushes funds into the recipients bank account or credit union account. For example, ACH transfers use the Automated Clearing House network, while debit card transactions rely on either a card network (Visa or Mastercard) or a payment processor (Paypal, Stripe, etc.).

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Your 2024 Guide to Payment Integration

USIO

Understanding Payment Integration Payment integration refers to the process of incorporating payment processing capabilities into your business systems. Compliance with standards like PCI-DSS (Payment Card Industry Data Security Standard) is also crucial for safeguarding transactions.

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2Checkout vs. Stripe vs. FastSpring: Comparing Payments, Taxes, and Platform Features (+ Pricing)

FastSpring

They offer three different levels of products: 2Sell for mobile and online payments worldwide, 2Subscribe to add on subscription management features, and 2Monetize to further add features such as global tax and regulatory compliance, invoice management, and more payment methods. Is 2Checkout a merchant of record?

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Everything You Need to Know About Credit Card Processing

Stax

Fees include (but aren’t limited to) transaction fees, interchange rates, PCI compliance, and more. These can include terminal fees, early termination fees, setup fees, reprogramming fees, PCI compliance fees, address verification fees, chargeback and retrieval fees, and payment gateway fees.

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10 types of payment fraud and how software companies can stay vigilant

Payrix

The most obvious is to protect cardholder data and minimize fraud but understanding payment fraud will help you prevent and detect these threats, helping you to maintain customer trust, financial growth, legal compliance , brand reputation, operational efficiency, and a competitive edge.

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Everything You Need To Know about Merchant Processing and How To Choose the Right Solution for Your Needs

Stax

In addition, they also ensure the privacy of business data and compliance with laws and regulations. Highest level of PCI security compliance that keeps payment data secure. PayPal PayPal is a well-known online payment system that simplifies international money transfers. 30 cents for online transactions.