Identity and Access Management

Identity and Access Management (IAM) in the payment processing industry refers to the framework of policies, technologies, and processes that ensure only authorized users can access payment systems, financial data, and transaction records. IAM helps protect merchants and payment service providers from fraud, data breaches, and unauthorized transactions by verifying user identities and managing access rights.

Key components of IAM include Multi-Factor Authentication (MFA), Role-Based Access Control (RBAC), Single Sign-On (SSO), and Privileged Access Management (PAM). These security measures prevent unauthorized access while ensuring compliance with Payment Card Industry Data Security Standard (PCI DSS) and other regulatory requirements.

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Merchant First provides expert guidance on IAM solutions tailored for payment processing businesses. Contact us to learn how to strengthen security, prevent fraud, and ensure compliance with industry standards.

Related terms include