3D Secure is a method of transaction authentication on the internet. It involves redirecting the user to the bank's webpage (or displaying an iFrame) for additional authorization, such as entering a code sent via SMS, logging into the bank's website, or confirming the payment on a smartphone
It is a financial institution that handles the authorization and settlement of transactions using payment cards, resulting in the transfer of funds to the seller. Key settlement agents in the Polish market include SIX, Elavon, and Dotpay.
An Application Programming Interface (API) is a set of programming tools that enables the integration of software or services with other software or services for the purpose of exchanging information.
BLIK is a Polish mobile payment platform that enables convenient and fast payments in both physical and online stores using a 6-digit code. To use BLIK, you need a mobile banking application provided by a bank that supports BLIK payments.
Customer Initiated Transaction (CIT) refers to a transaction initiated by the customer. It encompasses any transaction in which the customer actively participates and provides authentication data.
The integration method involving displaying an Espago frame on the merchant's website.
The abbreviation CVV stands for Card Verification Value. It is a three-digit code found on the back of most payment cards or a four-digit code on the front of American Express cards. The CVV code is used to authenticate the card's genuineness and provide security against unauthorized usage.
Financial institutions or networks that manage and oversee global payment systems for cards, such as credit or debit cards, are known as card associations. They establish standards, regulations, and procedures for card usage and provide the necessary technical infrastructure for transaction processing. The major card associations include Visa, MasterCard, American Express, and Discover. You can find more information about them on their respective websites: Visa, MasterCard, American Express, and Discover.
The option that allows transactions to be made with a payment card in the customer's currency, rather than the merchant's currency, is commonly known as dynamic currency conversion (DCC). This means that when making a payment in a foreign currency, the system automatically converts the transaction amount into the customer's preferred currency, according to the current exchange rate.
Instant transfer, also known as immediate payment or real-time transfer, is a payment service that enables the transfer of funds in an immediate or very short period of time. It distinguishes itself from traditional bank transfers, which can take several hours or even days to complete. With instant transfers, the funds are typically available to the recipient almost instantly, allowing for faster and more efficient transactions.
GPG key is a cryptographic key used for encrypting messages and digital signing. GPG key consists of a key pair: public key and private key. The public key is used to encrypt messages, while the private key is used for message decryption. GPG keys are utilized for message encryption to protect them from unauthorized access.
It's a secure environment where the Merchant provides their company data necessary to start cooperation with Espago. Files in EspagoBoarding are directed to an internal storage system and are not further processed or accessible for download through the online application.
The sandbox mode, also known as a "sandbox," is a type of testing environment where new changes introduced in this mode do not affect accounts operating in the production environment. Transactions made in the sandbox do not enter the settlement process. In Espago, the test mode replicates the production environment
The production mode is the state in which an account is ready for use by customers. Transactions in this mode are forwarded for settlement.
A company that designs, implements, and supports information systems. Integrators work with various types of systems, such as hotel management systems, gym management systems, or taxi management systems.