Since acquiring banks and payment aggregators use closed communication channels and trade gateways to transmit payment data, the probability of fraudsters gaining access to them is close to zero. In addition, a special PCI DSS certificate is required to work with card data. This certificate is not needed by sellers, but is required by payment aggregators and banks, since they are responsible for security in processing and handling payments.
Having a PCI DSS (Payment Card Industry Data Security Standard) certificate benin whatsapp phone number means that the organization follows the highest security standards, the data of its clients and partners is securely protected by encryption, stored and processed correctly. Such systems have passed the penetration test and are not afraid of hacker attacks.
However, as practice shows, the most vulnerable link in any system was and remains a person. Therefore, it is very important that a client who pays with a card complies with security requirements and recommendations, does not disclose card data to third parties and does not give them a PIN code for offline payments or one-time security codes confirming the fact of payment on the Internet. It is necessary to constantly remind consumers of this.
Acquiring operations
An acquiring operation is a process of cashless payment for goods and services using a bank card and other methods. Its components are approximately the same for online and offline businesses, but there are some differences.
How payment is made using the example of a regular and online store
1. Selecting a product or service
At the point of sale, the customer selects the product and goes to the checkout with it. In the online store, he also studies the offers, then adds the ones he likes to the basket and places an order.
2. Data entry
Offline, the seller enters the purchase amount into the acquiring terminal manually or using special software by scanning the barcode.
On the website, after placing an order for a certain amount, the client enters the number of his bank card, its expiration date, and the code located on the back of the card on the payment form or page. He can also indicate his e-mail or phone number to receive a receipt and check.