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