Glossary

Value Added Service

VAS

e.g.: Buying airtime.

Enterprise

ENT

Enterprise PayU merchants that are not redirected out of their site for payments.
e.g.: Pick n Pay
Safeshops equivalent to Enterprise package type.

Redirect Payment Page

RPP

RPP PayU merchants that are redirected out and then back to their sites for payments.
e.g.: Kalahari
Safeshops equivalent to Professional package type.

Merchant Handshake

Handshake

Merchants handshake to access PayU data e.g. : Any payment method must have a handshake.

Manager

Phisard

Credit card

CC

Trouble Login in

TLI

Setup Box

STB

Rolling Reserve

RR

This is a portion of each transaction that is held back by PayU to prevent losses being incurred when Chargebacks occur for PayU Easy Merchants.

Rolling Reserve Hold Period

RRP

This is the period in which a Rolling Reserve is held back before it is settled to an PayU Easy Merchant.

Payment Card Industry

PCI

Credit Card issuers (e.g. Visa, Mastercard, etc.)

Data Security Standards

DSS

A framework from the Payment Card Industry containing specifications, tools, measurements and support resources to help organizations ensure the safe handling of cardholder information at every step.

PayU Easy

PE

The PayU product offering that allows "small" merchants to accept credit card transactions without having their own Credit Card Acquiring Account. All funds for these Merchants will be receipted into PayU's acquiring account and then settled to the Merchant at agreed upon intervals.

Merchant Acquirer

MA

Essentially the Merchant Acquirer is a Bank that acts like a large switch protecting the merchant from having to understand all the detail of all the different card schemes, (VISA, Maestro, etc, etc.).

Retailer Payments

Two forms of retailer payments:
.1. PayU Payment
.2. Bill payment  e.g. direct (own integration) or retailer (e.g. Pay@)

Used to notify merchants about the state of a transaction.

PE

Own acquiring

It is defined in the XML specification, which is developed by the W3C (World Wide Web Consortium).

It facilitates the representation of complex data in a structured manner.

You can read more here: http://www.w3.org/standards/techs/xml#w3c_all

Is a communication protocol based on XML.

You can read more here: http://www.w3.org/standards/techs/soap#w3c_all