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Know Your Customer (KYC) sometimes also known as Know Your Client is a set of standards and protocols used by financial institutions and other businesses to verify the identity of their customers before engaging in account setups or transactions. Learn more about integratedpayments. Learn more about payment processors.
Moreover, companies need to follow data privacy and compliance requirements to stay in business. In this article, we’ll take a closer look at what data tokenization means, how it works, and the role it plays in paymentprocessing. The three main principles of data security are Integrity, Confidentiality, and Availability.
Its main goal is to assist businesses in managing their financial routines and optimizing procedures such as accounting, stock, banking, and electronic invoicing, among other things. a collaborative software platform, purchased ContaAzul in 2018. EBANX is a well-known paymentprocessing solutions platform in Brazil.
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