7.1. Glossary

For the purposes of this guide, the following terms and their definitions are used:

GitPay Hardware and Software System (GitPay Payment Gateway)

An information system designed for automated and secure processing of payment transactions and their storage.

GitPay Payment Management System (GitPay UI)

Payment management user interface and analytical platform of GitPay Payment Gateway.

Merchant

The company that provides services, works or sales of goods through the E-commerce, mobile commerce or mPOS channels.

Manager

An organization that provides services for processing transactions of Processor Merchants using the GitPay Payment Gateway and accounting for transactions in the GitPay UI.

Processor

The entity of the system, which is a technical integration with a specific acquiring bank or other payment service provider for processing transactions.

Account

Identification data in the GitPay UI, which allows the user to interact with the system on their own behalf.

Transaction

An agreement to carry out a financial operation between a customer and the merchant to pay for services, work or goods, to return funds for previously paid services, works or goods, to transfer money from card to card, or to hold funds for future payment.

Antifraud filter

Technical transaction analysis algorithm for identifying suspicious and fraudulent transactions, based on the experience of GitPay employees and international fraud monitoring practices.

BIN

Bank identification number, first 6 digits of card number.