We are talking about integration of online payments when we want to link a payment module (e.g., Paywiser) to a selected online store based on different platforms (Woocommerce, Prestashop ...). This is enabled by programmers who are also called integrators.

The dashboard is a control panel in which a client activates the account. We define the type of account with regard to the acquiring bank and the offer (commissions, percentages, option to activate Moneta, recurring payments, etc.)

The Merchant can access the dashboard through which he/she has access to his/her account (overview of transactions, turnover status, etc.)

Gateway service means any service provided by INTECH D.O.O., which enables the Merchant to accept payment on his/her website or online store.

Webpayments form is a payment page of the Paywiser system through where customers pay the goods or services they have chosen on the Merchant's website.

Hosted Payment Fields allow you to receive card, Sepa and Sofort payments, without redirecting the customer to Paywiser payment page.

There are two methods of integration:

  • Simple - the appearance is already made, integration is simple
  • Custom - the Merchant can arbitrarily place the data entry fields, name and design them (through CSS). Integration is more demanding.

Acquirer or acquiring bank is a Merchant bank that holds and transfers the funds to the Merchant.

We cooperate with banks eMerchantPay from the UK and Clearhaus from Denmark which enable processing throughout the EU, while payments can be received worldwide.

A rolling reserve is a risk management strategy to protect the merchant and its banks from potential loss due to chargebacks. A portion of the credit card volume processed will be secured to cover for the potential business risk relating to chargebacks. Acquiring banks calculate the rolling reserve amount based on a certain percentage of each transaction (for example, between 5-15% on every transaction). Rolling reserves are kept on hold for 180 days and will be released at the end of this period.

An application programming interface (API) is an interface or communication protocol between a client and a server intended to simplify the building of client-side software. It has been described as a “contract” between the client and the server, such that if the client makes a request in a specific format, it will always get a response in a specific format or initiate a defined action.

With an API key, a Merchant can create an application that fully meets his/her specific needs. In collaboration with partner companies (Moja Koda, Spletna postaja, StudioFaca, NaNetu, Degriz), the API key can be embedded in the online store. Our business partners have already developed a PayWiser module (Prestashop, Magento, Opencart, Woocomerce). If a customer uses an online store with an integrated API key, this online store offers the most choice when shopping for different products of different quantities.

The API enables:

  1. Payment methods: credit cards and Moneta
  2. Single and recurring payments
  3. POS system
  4. Payment form (optional)

The PCI-DSS (Payment Card Industry Data Security Standard) is a security standard for international payment systems (MasterCard and Visa). It provides a framework for the proper protection of card operation users. All organizations that process, transfer or store card data must meet the requirements of the PCI-DSS.

Interchange fee is a term used in the payment card industry to describe a fee paid between banks for the acceptance of card-based transactions. Usually, for sales/services transactions it is a fee that a merchant's bank (the "acquiring bank") pays a customer's bank (the "issuing bank"); and for cash transactions, the interchange fee is paid from the issuer to acquirer, often called reverse interchange.

Tokenization in card payments is the process of coding the Primary Account Number of a payment card (PAN) in the form of a unique password called Token. The token used to initiate payment in physical or online sales outlets is composed of (alpha) numerical characters and represents a complete replacement of PAN. In the case of an misuse attempt, such a card payment can not be carried out with a token, since it does not contain the original PAN information which is stored in protected databases.

The main purpose of tokenisation is to reduce the number of misuses in the entire payment chain, especially in the case of electronic payment at a distance (online and mobile payment), since a dynamic component is included in each individual payment transaction. This ensures the same level of security as is known when using a payment card at the POS terminal.

Payment facilitator is a commercial service provider that simplifies the process of registration and connecting Merchant who want to accept online payments. A Merchant does not need his/her own Merchant account but is connected to its account by the Payment Facilitator, which simplifies the connection procedures from months to days.

3-D Secure is an international security standard that is used to verify the identity of card users in online billing. It was developed to reduce the risks of unauthorized use of cards by third parties. 3-D Secure enables online card purchases a higher level of security, as s for each purchase it checks the cardholder's authenticity with his/her personal message and a one-time password sent to the SMS. This means an improved security for cardholders and also for online dealers from unauthorized use of cards.

EV SSL certificates are advanced certificates that include strict security procedures for validation and verification. Customers can see the green title bar if the website is secured with an approved EV SSL certificate.

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