Prior to 2019, authentication used to only occur in rare situations, such as when a transaction was required as “high risk”. 2022 saw the deadline for the implementation of Strong ....
The payments industry is ever-changing and hard to predict, but what can be expected for payments in 2023? Buy Now Pay Later One of the biggest trends of 2022 has ....
A soft decline occurs when a customer’s issuing bank is willing to approve a transaction but not in its current state. Of all declines, roughly 85% can be deemed as ....
Dynamic Currency Conversion (DCC) is a payment feature that converts a Merchant’s local currency to the equivalent cost in the cardholder’s local currency. The cardholder can review the exchange rate ....
What Are Velocity Checks? Fraudsters often experiment with one fraudulent transaction to see if a debit or credit card will work. Once they have a transaction that passes through your ....
Why is there a need for Payment Security? It's no secret that technology is developing at an exponential rate. The payments industry is experiencing a huge surge in the number ....
With ever changing legislation, you may find yourself wondering what are PSD2 and SCA? What is PSD2? PSD2 is the second version of the directive created by the European Union ....
PCI DSS merchant compliance is built on four separate levels all dependant on the business you run and your transaction volume. What are the four levels of PCI DSS compliance ....
What does PCI DSS compliance mean? Payment Card Industry Data Security Standard compliance is a set of requirements intended to ensure that all companies that process, store, or transmit credit ....