“Questions and Answers” Posts

How Does Credit Card Processing Work Diagram

How Does Credit Card Processing Work Diagram

When people think about credit card processing, they likely think of waiting for their transaction to process or their Merchant Service Provider, depending on which side of the transaction they inhabit. But there are a number of middlemen involved in credit card processing, and even businesses don’t necessarily interact directly with each one of them. If you’re wondering, “How does credit card processing work?” and want a visualization, we have one just for you. Let’s review what each of these providers does to enable credit card payments. How Does Credit Card Processing Work: A Guide to Providers…

What Is PCI DSS?

What Is PCI DSS?

PCI DSS stands for the Payment Card Industry Data Security Standard. Any business or organization that processes, stores or transmits cardholder data is required to adhere to PCI DSS. The credit card brands (Visa, MasterCard, Discover and Amex) created these security standards to prevent fraud and instate industry-wide standards. PCI DSS is updated every year to ensure that it addresses vulnerabilities and reflects new technologies. But it can be both costly and challenging to meet PCI DSS requirements. We’ll dive into the associated costs and methods of getting PCI DSS-certified, along with tips to reduce your exposure. PCI DSS…