Tag: compliance

March 7, 2023

What’s Next For SCA?

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 ....

January 3, 2023

2023 Predictions

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 ....

December 13, 2022

Soft Declines

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 ....

September 20, 2022

Dynamic Currency Conversion

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 ....

April 19, 2022

Velocity Checks

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 ....

March 22, 2022

Payment Security

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 ....

March 9, 2022

What is PSD2 and SCA?

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 ....

August 24, 2021

The Levels of PCI DSS Compliance

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 ....

August 9, 2021

PCI DSS Compliance – is it a requirement?

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 ....