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Terms
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Definitions |
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Merchant
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A merchant is effectively you, the customer. In this information the term
customer and merchant will be used interchangeably.
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Purchaser |
This will be your customer who purchases from you.
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API |
Application Programming Interface - This will allow developers to call specific
functions on our Gateway servers to perform specific tasks. These are for
corporate customers only and generally not used by most business as they are either
to complex to use or their functionality is far in excess of what is required. |
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Pay Page |
A web page that can be access over the Internet that asks the purchaser for their
credit card details to purchase goods or services from the merchant. Each
Pay Page is customizable to the merchants requirements and therefore are different
for each merchant.
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Internet Merchant Account |
IMA - This is a merchant account specifically for use for Internet transactions. |
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MOTO |
Mail Order / Telephone Order. Any orders taken over the telephone or via Mail
Order by a merchant and processed through their Merchant Account is classed as a
MOTO transaction. |
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3-D Secure |
This is the protocol (stands for 3-domain, purchaser, merchant and bank) used for
Verified By Visa and MasterCard SecureCode Transactions. |
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Applet |
A program that runs on your computer that takes credit card details and passes them
to the Total Web Solutions Payment Gateway securely for processing.
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Shopping Cart/ Basket |
This is a program that runs on a web server that collects information about products
or services a purchaser wishes to acquire before passing them purchaser to our payment
gateway. There are literally thousands of shopping baskets out there and Total
Web Solutions supports a number of these however if your shopping basket is not
listed we will work with developers to integrate it into our payment gateway. |
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Control Panel |
This is an administration tool that is available over the Internet that offers secure
management of your Internet Merchant Account.
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PCI |
Payment Card Industry - Is a standard setup to improve security of payments using
credit and debit cards. The standard is very stringent and Total Web Solutions
is accredited to the highest Level 1 standard. For more information about
the standard please visit the
PCI councils' web site. |
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PSD |
Payments Services Directive - The Payment Services Directive is an EU Directive adopted in 2007, administered by the European Commission to regulate payment services and payment service providers throughout the European Union and European Economic Area. A new version of the directive (PSD2) aims to enhance security through SCA (Strong Customer Authentication) criteria. See
here for more information. |
