PCI DSS is a set of requirements for merchants created by American Express, Discover, JCB, Mastercard, and Visa to ensure the safety of card payments, prevent fraud, and secure cardholders' data across the world.
Merchant Identification Number(MID) is a simple code that a merchant can obtain from a payment provider and plays a significant role in transaction verification.
Find the most relevant payment processing terms that each business owner should know. In our article, you will find a list of 22 definitions that will help you understand the sphere of payment processing.
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