| 2-Party | Seamless integration with Payment Express. Used when the Card Holder never leaves the merchant's website e.g. Merchant Hosted Payments Package. |
| 3-Party | This is when a Card Holder is redirected to a secure https payment page e.g. DPS Hosted Payment Package |
| 3D Secure | An additional security feature by MasterCard (SecureCode) or Visa card (Verified by Visa) to protect merchants and card holders against fraudulent online transactions |
| Acquiring Bank | An acquiring bank (or acquirer) is the bank or financial institution that accepts payments for the products or services on behalf of a merchant. |
| API | Application Programming Interface |
| Batch | Sending more than one transaction in a .csv format to be processed |
| Card Issuing Bank | The financial institution that issued the card holder with a credit or debit card |
| Card Holder | The customer who is making a payment using a credit card or debit card |
| Chargeback | A chargeback is the return of funds to a consumer, forcibly initiated by the consumer's issuing bank |
| DPS | Direct Payment Solutions |
| DPS Hosted | DPS hosts the payment page, the card holder is redirect to a 3D secure capable page on the Payment Express website |
| IVR | Interactive Voice Response, ability to accept credit card payments by via an automated touch tone phone system |
| Merchant | The entity conducting business which accepts payments for its products or services |
| Merchant Account | A business account you set up with your Acquiring Bank that allows processing of credit card payments |
| Merchant Hosted | The payment page is hosted on the merchant’s website, the cardholder never leaves the merchants website |
| Merchant Service Fee | A percentage of the retail sale the merchant pays as a fee to their Acquiring Bank for processing the credit card transaction |
| Payment Express | Payment Express is a Visa and MasterCard certified solution, developed by DPS, which facilitates electronic payments seamlessly from multiple access points i.e. Web, EFTPOS, Billing, IVR (Interactive Voice Response), CRM, Vending, MOTO (Mail Order / Telephone Order) and Wireless |
| PCI DSS | Payment Card Industry Data Security Standard, technical and operational requirements that were created to help organizations that process card payments prevent credit card fraud, hacking and various other security vulnerabilities and threats |
| PCI PED | Payment Card PIN Entry Device, a security standard which applies to manufacturers who create terminals used for payment card financial transactions |
| POS | Point of Sale, software used to calculate product pricing to send to the EFTPOS terminal |
| Px Access | A DPS Hosted API uses XML and COM objects to send transactions |
| Px Pay | A DPS Hosted API using XML to post transactions |
| PX Post | Merchant Hosted API used for posting transactions using XML |
| Recurring Billing | Multiple transactions from the same credit card |
| SSL | Secure Sockets Layer, a communications protocol used over TCP/IP networks such as the internet |
| Web Service | Merchant Hosted API using simple soap connection |