Glossary
E-commerce and Payment Systems glossary
Consult the most comprehensive glossary of key terms related to e-commerce, payment systems, and acquiring. Clear up your doubts and stay up to date with the essential vocabulary for fintech professionals, digital merchants, and companies managing online payments.
Why is it important to know and to use payment method terms?
Understanding and usage of the specific language of payment methods, payment gateways, acquiring, and ecommerce is essential to optimize payment management, comply with current regulations, and improve the customer experience in your digital business.
What will you find in this glossary?
- Updated definitions of key concepts such as API, Acquiring Bank, Chargeback, Checkout, EMV, KYC, PCI DSS, among others.
- Simple explanations and real-world examples of usage in e-commerce and digital payments.
- An essential reference resource for professionals, entrepreneurs, and compliance officers.
Benefits of using our payment method glossary
- Improve decision-making in your fintech or ecommerce business.
- Facilitate team training and understanding of payment processes.
- Strengthen transparency and trust with your customers and partners.
Explore our e-commerce glossary and discover how specialized knowledge in payment systems can drive the success of your digital business.
A
API
Maxime enim omnis temporibus magni rerum et quis tempoImagine for a moment that
B
BIN number
What is BIN Number?The term "BIN number" refers to the Bank Identification Numbe
C
Credit card networks
What are Credit card networks? Credit card networks are systems that manage
E
E-Wallet
In today's digital world, E-Wallets are emerging as a new and exciting way to ca
F
FATF
What is FATF?FATF (the Financial Action Task Force) is an intergovernmental
G
GDPR (General Data Protection Regulation)
What is GDPR?The General Data Protection Regulation (GDPR) is a regulation
I
Issuing bank
What is an Issuing Bank?An issuing bank, also known as an issuer, is a financial
K
KYC
What does KYC mean?KYC stands for "Know Your Customer", which refers to the proc
M
MOTO Payment (Mail Order/Telephone Order)
What is MOTO Payment?MOTO Payment, an acronym for "Mail Order / Telephone Order"
O
One-Click Payment
What is One-Click Payment?One-click payment is an efficient and secure online pa
P
Protocol 3D Secure
What is 3D Secure protocol?3D Secure is a security protocol designed to provide
R
Rolling reserve
What is Rolling reserve?A Rolling reserve or Guarantee deposit is a type of fina
S
Shopping cart
Molestias natus beatae.As you navigate an online store, you've seen that little
T
Two-Factor Authentication (2FA)
In an increasingly digital world, security has become a priority for all online
V
Virtual POS Terminal
What is a Virtual POS (Point of Sale) Terminal?A Virtual POS (Point of Sale) Ter