Payment Card Industry (PCI) requirements are a minefield of acronyms and, for many merchants, it can be difficult to understand exactly what they need to do to ensure they are compliant. In brief, the PCI standards are a set of security compliance frameworks that merchants must maintain in order to take physical and/or digital card payments either in store, online or on their mobile. Without PCI compliance, merchants will not be able to work with an acquirer and may also be fined by the card schemes such as Visa or Mastercard.

In my previous blog, I looked at customer centricity and the way it’s impacting payments in the travel industry. We can all agree that for any travel company, the customer should always be at the center of their payments strategy in order to provide an exceptional customer experience. But what are the growing trends that are impacting the travel industry?

How can payment solutions be changed into a driver of sustainable development and corporate social responsibility (CSR)? While more and more companies in the retail sector are adopting solidarity rounding, allowing customers to make micro-donations when they pay, other solutions are also emerging to create social value from payment transactions, while reducing the carbon footprint linked to the purchasing act.

At Ingenico ePayments, we help people put their business dreams into action. Across Europe, we pride ourselves in working with companies throughout the entire growth trajectory – from eCommerce startups with a big dream, to visionary entrepreneurs breaking barriers and larger businesses expanding internationally or exploring new digital ground.

Having held several senior management roles at Ingenico ePayments, Mike Goodenough has been appointed as General Manager for the EMEA region. His appointment comes at a time when the payments landscape is evolving at breakneck speeds and it’s never been more important to stay ahead of the curve.

We spoke with Mike to learn about his strategic vision for the future of payments in this diverse region.

Because of the complexity of authorization, there’s no one-size-fits-all approach that works for everyone. A well thought out strategy, one that considers authorization on a micro and macro level, is crucial to ensuring transactions don’t fall at the final hurdle.