Speed up payment collection with signNow: Is it safe to pay with Stripe and CardConnect?
Payment solutions allow you to add payment requests directly into your document. When a signer receives a document to sign, they are now able to make any payments that partner with the information on that document – all through signNow. We have joined forces with Stripe and CardConnect for this feature in order to ensure that payment solutions on signNow are secure and simple to use.
Is it safe to pay with Stripe?
Stripe is a well-known payment gateway and platform that prioritizes security and compliance. Here are some of the major security standards and regulations that Stripe is compliant with:
- PCI-DSS: Stripe is certified as a PCI Level 1 Service Provider, which is the highest level of certification for the Payment Card Industry Data Security Standard (PCI-DSS). This means that Stripe follows strict security standards to ensure that cardholder data is protected and secure.
- GDPR: Stripe is compliant with the General Data Protection Regulation (GDPR), which is a data privacy regulation in the European Union that protects the privacy and data of EU citizens.
- PSD2: Stripe is also compliant with the Payment Services Directive 2 (PSD2), which is a European regulation that aims to make electronic payments more secure by requiring strong customer authentication.
- SOC 1 & 2: Stripe has completed audits for SOC 1 and SOC 2 Type II reports. These reports demonstrate that Stripe has implemented strong internal controls and security practices to safeguard customer data and ensure compliance with industry standards.
- HIPAA: Stripe also offers a HIPAA-compliant payment processing option for healthcare providers and other organizations that handle protected health information (PHI).
Is it safe to pay with CardConnect?
CardConnect is a payment processing and technology solutions provider that prioritizes security and compliance. Here are some of the major security standards and regulations that CardConnect is compliant with
- PCI-DSS: CardConnect is certified as a PCI Level 1 Service Provider, which is the highest level of certification for the Payment Card Industry Data Security Standard (PCI-DSS). This means that CardConnect follows strict security standards to ensure that cardholder data is protected and secure.
- HIPAA: CardConnect offers a HIPAA-compliant payment processing option for healthcare providers and other organizations that handle protected health information (PHI).
- SOC 1 & 2: CardConnect has completed audits for SOC 1 and SOC 2 Type II reports. These reports demonstrate that CardConnect has implemented strong internal controls and security practices to safeguard customer data and ensure compliance with industry standards.
- GDPR: CardConnect is compliant with the General Data Protection Regulation (GDPR), which is a data privacy regulation in the European Union that protects the privacy and data of EU citizens.
- EMV: CardConnect supports EMV (Europay, Mastercard, and Visa) technology, which is a global standard for secure payments using chip-enabled credit and debit cards.
It’s important to note that compliance with these standards and regulations can change over time, so it’s best to check with Stripe and CardConnect directly or visit their website to get the most up-to-date information on their current compliance status.
Collect eSignatures and payments using signNow
signNow prioritizes security and compliance to ensure that user data and transactions are protected. It complies with major security standards and regulations, such as SOC 2 Type II, GDPR, HIPAA, 21 CFR Part 11, CCPA, PCI-DSS, and others.
Although signNow is not a payment processor or financial institution, it adheres to the Payment Card Industry Data Security Standard (PCI-DSS) to ensure the secure handling of payment information that is entered into its platform. In addition to security promise, this feature allows you to have documents and payments all in one place, making it simple for you and your signer to track completed documents and payments. The payment solutions feature works with the document history feature so you can download timestamps and an audit trail that shows when your signer completed a document and a payment.
It’s important to note that compliance with these standards and regulations can change over time, you can learn more about signNow’s security features.
Watch the video below to see how Sales departments collect payments using signNow:
Originally published in August 2017, updated in March 2023 for accuracy and comprehensiveness