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9.2
Glossary
Term
Definition
Acquirer Merchant ID
The unique number to identify a payment card. This number,
also known as the Merchant ID, is required to accept
a payment card on your payment terminal.
Acquirer
A payment institution or a bank that receives and processes
transactions. This party also issues data for the acceptance
of transactions.
Acquirer parameter session
A communication session with the acquirer host to retrieve
acquirer parameters for the payment terminal. These parameters
determine which card types your terminal accepts and how the
terminal handles these card types.
Authorisation code
A unique code that you need to enter when performing the
following transaction types: cancellations, payments after
reservation, payments after reference, additional reservations
and cash advance after reference.
Dutch Payments Association
An association which organises the collective tasks for its
members in the national payment system. The members of
the Dutch Payments Association are providers of payment
services on the Dutch market: banks, payment institutions and
electronic money institutions. The Dutch Payments Association
coordinates the common tasks of its members in the field of
infrastructure, standards and common product characteristics.
These are designed to ensure optimal effectiveness, safety,
reliability and efficiency in the payment system.
CVC2 code
A three- or four-digit code on the back or front of a payment
card for security purposes.
Data communication
connection
A communication connection (e.g. cable or ADSL) that enables
data to be received and sent.
Journal
A financial report containing the receipts of all transactions
performed during a certain period.
Brand relations report
A report that shows which types of payment cards you can
accept on your payment terminal and to which transaction
processor(s) these payment cards are linked.
Customer
The person to whom you charge a fee for a product and/or
service and who pays for that product and/or service using
a payment card.
Merchant password
The password that secures access to the merchant menu and
must be entered when performing certain operations.
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