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Payment Page
An Internet page which merchants can incorporate in their webshop to offer a broad range of secure payment methods. Consumers simply enter their payment data in a Wirecard-hosted Internet page launched from the merchant‘s webshop. It provides a fast, secure and PCI-compliant acceptance of credit cards and other payment methods such as direct debit (for Germany and Austria), giropay, iDEAL, eps, paybox, paysafecard, CLICK2PAY and other.
Payment Service Provider (PSP)
A company which handles electronic payments on behalf of a merchant, authenticating customers, processing transactions and providing the merchant with the necessary software tools.
Payout Card
The Wirecard payout card is a low-cost, swift and secure way to pay staff and business associates anywhere in the world within seconds. It is a highly convenient alternative to cash and check payouts for companies residing in a SEPA country and is available as personalized card or company card.
PAYShield
Jointly developed by Wirecard and CEG Creditreform Consumer GmbH this intelligent risk management product offers online retailers a payment guarantee to minimize the risks of nonpayment form purchases by direct debit or with invoice.
PCI
Short for Payment Card Industry Data Security Standard (PCI DSS). A security standard by VISA and MasterCard for merchants and Payment Service Providers (PSPs) which process, store and transmit payment card date. All PSPs are scanned quarterly and audited annually on site.
Personal Identification Number (PIN)
A secret numeric password assigned to a payment card. It authenticates the cardholder and allows him to authorize a POS transaction or access his online banking account.
POS
Point of Sale. A terminal (card reader) used for accepting card payments in retail business. The card is read electronically and the cardholder authorizes the transaction by entering his PIN.
Prepaid Card
A payment card licensed by Visa and MasterCard which carries a prepaid balance. It has the same worldwide acceptance as any conventional credit card. Funds spent on a purchase are immediately deducted from the available card balance.


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