Identity and Access Management

Identity and Access Management (IAM) in payment processing ensures that only authorized individuals can access sensitive financial systems, transaction data, and merchant accounts. It involves verifying user identities, managing permissions, and preventing unauthorized access to protect against fraud and data breaches.

Key IAM features include Multi-Factor Authentication (MFA), Role-Based Access Control (RBAC), Single Sign-On (SSO), and Privileged Access Management (PAM). These tools help businesses comply with Payment Card Industry Data Security Standard (PCI DSS) and other regulations while maintaining secure payment environments.