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Glossary: 117 software-led payments terms to know

Payrix

Quality Security Assessor (QSA) Designation for entities that meet specific security education requirements, have taken the appropriate training from the PCI Security Standards Council, are employees of a PCI-approved security and auditing firm, and will be performing PCI compliance assessments as they relate to the protection of payment card data.

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Software Transcends Borders—Why Not Money?

Andreessen Horowitz

Today, this complex, interconnected payments system functions similar to the airline industry: although airlines may offer international flights, they can’t cover all possible destinations and routes, necessitating the need for country- or region-specific local airlines.

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What is Click to Pay and How Does It Work?

Stax

Your testing should check for security compliance, technical performance, and mobile responsiveness. Security compliance: ensure that all financial information is securely transmitted using tokenization and strong encryption across the transaction, and that the provider is in full compliance with security standards like PCI DSS.

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Ultimate Guide to Surcharges: What is a Surcharge and How Does It Work

Stax

Cost recovery, industry standards, regulatory compliance, and consumer sensitivity are key factors to consider when calculating surcharges. Airlines, shipping companies, and freight carriers leverage this extra fee to cope with the unpredictable nature of fuel costs. Regulatory Compliance. Fuel surcharge. Service surcharge.

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What is Embedded Finance and Embedded Fintech?

Stax

Airline credit cards, payment plans for costly items, and car rental insurance are forms of embedded finance that have been around for a while. Some challenges and considerations of embedded finance and fintech involve regulatory and compliance issues, data privacy and security, and stiff competition.

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Glossary: 117 software-led payments terms to know

Payrix

Quality Security Assessor (QSA) Designation for entities that meet specific security education requirements, have taken the appropriate training from the PCI Security Standards Council, are employees of a PCI-approved security and auditing firm, and will be performing PCI compliance assessments as they relate to the protection of payment card data.

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RealPage: When Does Revenue Management Software Become Anti-Competitive?

Software Platform Consulting

RealPage actively polices Participating Landlords’ compliance to ensure overrides remain rare. According to the complaint, RealPage software is not just recommending prices; RealPage is actively enforcing customer compliance. It will be fascinating to see how RealPage responds. I want to know where he goes next!