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Internet Merchant Account

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 ONLINE PAYMENT GLOSSARY

  • Online shop
  • Virtual Payment Terminal
  • Check out
  • Internet Merchant Account
  • Chargeback
  • CVV2
  • Secure payment gateway
  • Refund
  • Shopping cart
  • SSL : Secure Socket Layer
  • IPSP


  • Internet Merchant Account

    This is the virtual terminal linked to the bank account; it enables the merchant to accept payment by bank card from its customers and to receive money for sales.