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Payment Method Channels

A payment method channel refers to the medium or platform through which a payment transaction is initiated and processed. It can include various methods such as wallets, online payment gateways, and other electronic payment systems that facilitate the transfer of funds between a payer and a payee. Payment channels provide the infrastructure for secure and efficient payment processing, allowing individuals and businesses to make and receive payments electronically.

Allowed Payment Method Channels

PCI Compliance

PCI compliance refers to the adherence to the Payment Card Industry Data Security Standard (PCI DSS), which is a set of security standards designed to ensure that all companies that accept, process, store, or transmit credit card information maintain a secure environment. Compliance with PCI DSS helps to protect cardholder data from security breaches and fraud.