E-Commerce

Bank or payment institution that signs merchants and routes their card transactions into the card networks.

Mobile wallet by Apple that tokenizes cards for contactless and in-app payments.

Unauthorized card use or theft of credentials to initiate transactions.

Payment network (e.g., Visa/Mastercard) that sets rules and routes card transactions between issuers and acquirers.

Transactions where the card is not physically presented (e.g., online or in-app).

California law granting consumers rights over their personal information and imposing duties on businesses.

A forced payment reversal initiated by the cardholder’s bank after disputing a transaction.

Meeting regulatory, security, and contractual requirements for operating a product or service.

Card that lets cardholders borrow up to a limit and repay later; funds settle via the issuing bank.

Export format for the German DATEV accounting system, used to transfer bookings and tax data.

Card that pulls funds directly from a bank account at purchase time.

Application that stores payment instruments and enables checkout with tokens or credentials.

A fee withheld by a payment provider from each transaction, effectively reducing the payout.

Outbound payment from a platform to a recipient, such as payouts to merchants or gig workers.

Embedding financial products (payments, cards, lending) inside non-financial apps.

Tools and models that score transactions or accounts to block or step-up risky activity.

EU privacy regulation governing personal data processing, rights, and safeguards.

Google’s wallet that tokenizes cards for contactless, in-app, and web payments.

U.S. law setting privacy and security rules for protected health information (PHI).

Temporary reservation of money before capture or payout, often for risk or authorization checks.

Checkout pages hosted by a payment provider to collect payment details and handle compliance.

Fee paid by the acquirer to the issuer on each card transaction; funds scheme incentives and risk.

International standard for information security management systems (ISMS).

Bank or fintech that issues payment cards to cardholders and authorizes their transactions.

Identity and business verification required to onboard customers or merchants and prevent financial crime.

System of record that tracks debits and credits for balances, payouts, and fees.

A business that accepts payments for goods or services via card or alternative rails.

Replacing card PANs with scheme-issued tokens to reduce fraud, improve authorization rates, and keep credentials current.

A service provider that routes payment data between merchants, acquirers, and schemes.

Security framework that sets technical and procedural requirements for handling cardholder data.

Transfers of funds between individuals, often via wallets or bank rails without a merchant in the flow.

Audit report on controls relevant to financial reporting (SSAE 18).

Audit report covering security, availability, confidentiality, processing integrity, and privacy controls.

Consumption tax applied on goods and services, collected at each value-add step.