What are the key security standards for payment processing?
An example of an AI chatbot conversation about security standards for payment processing.
What are the key security standards for payment processing?
The key security standards for payment processing include PCI DSS, EMV, and 3D Secure. Would you like to know more about any of these?
Can you explain PCI DSS?
PCI DSS stands for Payment Card Industry Data Security Standard. It sets requirements for organizations that handle credit card information to ensure secure transactions.
What is EMV and how does it work?
EMV stands for Europay, MasterCard, and Visa. It's a global standard for card payments that uses chip technology to enhance security against fraud.
How does 3D Secure improve payment security?
3D Secure adds an additional layer of authentication during online transactions, requiring users to verify their identity, which helps reduce fraud.
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