When making payments or purchases online, many consumers in the U.S. prefer to pay by credit card or with a debit card. However, there is always some risk when you are making purchases online that your payment information could be accessed by thieves or hackers and used to make unauthorized

When it comes to signing up for a credit card, one of the picks you may additionally have to make is whether to go with one of the huge names in credit score card payment networks – Mastercard or Visa. But is there any difference between the two? And what ought to you be looking for if selecting between the two? We take a look. Credit playing cards are a daily feature of finance. There have been almost 260

Consumers looking for out low- to no-touch repayments alternatives amid public fitness issues have blended with an uptick in charitable donations and tips to increase the alleviation with peer-to-peer (P2P) price platforms, Silvana Hernandez, senior vice president of digital repayments at Mastercard, instructed PYMNTS. Hernandez delivered that whilst there was no way to predict or put together for the pandemic, she’s pleased that the present repayments infrastructure was once in location for customers to leverage — particularly in the course of these difficult times — and in a position to cope with surges in use. “Since the opening of COVID-19, we have been

PCI DSS is designed to protect the cardholder’s sensitive information by ensuring that there is adequate control over the use of processes, people and all data access. Cardholder data and sensitive authentication data are defined as follows: Cardholder data includes the initial account number (PAN), cardholder name, expiration date, and

PCI DSS is an industry-standard for protecting cardholder data worldwide. Companies that process, store, or transmit cardholder data must comply with the PCI DSS if they wish to use large payment card brand cards that make and accept standards. The PCI DSS has 12 requirements or demands that consist of

What is JCB? JCB stands for Japanese Credit Bureau. JCB is the only international credit card brand headquartered in Japan, and is widely accepted around the world. The company entered a card reciprocal agreement with the Discover network which makes JCB accepted where ever Discover is accepted. Now, those who

Start Paraphrasing Credit card fraud is an inclusive term for fraud committed to the usage of a charge card, such as a credit card or debit card. The reason may be to attain items or services or to make the fee to some other account which is managed via a criminal. The Payment Card Industry Data Security

Whitelisting is the practice of explicitly allowing some identified entities access to a particular privilege, service, mobility, access or recognition. It is the opposite of blacklisting. The term, as well as its antonym, are increasingly being deprecated in favor of language that is considered more inclusive.  Blacklists and whitelists are among the top methods

Merchant Category Codes (MCCs) MCCs assigned to a business by Visa or Master Card by using a four-digit number. It is used to classify the business by the type of goods or services it provides. Merchant business is identified based on MCCs. Merchant category codes (MCCs) are used by payment

Merchant Discount Rate (MDR) is a fee agreed and paid by a merchant to an acquiring bank for accepting the payment from their clients/ customers. For each processing of debit and credit card transactions is being charged based MDR. Merchants must agree to the rate to accept debit and credit