Glossary of Terms
3. Glossary of Terms
The terms used in this document are listed and defined in the table below.
Terms |
Description |
Merchant |
Any business who sells goods or services and accepts payments from customers. |
Customers |
Those who want to buy goods and services from merchants |
HPP |
Hosted Payment Pages |
PSP |
Payment Service Provider |
ACQ |
Acquirer |
APM |
Alternate Payment Method |
CPD |
CellPoint Digital |
FX |
Foreign Exchange ServiceForeign Exchange Service |
MSISDN |
Mobile Station International Subscriber Directory Number |
MAC |
Message Authentication Code |
POP |
Payment Orchestration Platform |
CRM |
Client Relationship Management |
Min |
Minimum |
Max |
Maximum |
DCC |
Dynamic Currency Conversion |
MCP |
Multiple Currency Conversion |
PCC |
Presentment Currency Conversion |
txn |
Transaction |
PSS |
Payment and Settlement System |
CRM |
Customer Relationship Management |
Updated 7 months ago