Access Token

In API Reference, the token is valid for 30-minutes, after which a new token must be generated. The token is required in the header of every API call to access API Center tokens.

Account ID

A number representing a financial account owned by a customer ID. The account ID is a unique number associated to each type of account the customer owns at a financial institution: checking, savings, money market, and more. All data is linked to the customer ID, unless the customer removes their account, or it gets deleted.

API

An Application Programming Interface (API) is provided by a service owner so that others may use the features and functions enabled by the service. APIs describe how a consumer will make requests of the service, and what they will receive in return.

API Key

An Application Programming Interface (API) Key is a unique identifier that is used to authenticate a developer or program to an API.

Application

An application, often shortened to ‘app’, is a program, or set of programs, that allows end-users to perform particular functions. For example, ecommerce companies provide applications to customers to facilitate purchases and service.

Authorization

Authorization determines if a specific transaction request receives an approval or a decline from the issuing bank.

Bank Identification Number (BIN)

BIN (Bank Identification Number) is a unique 6 or 8-digit number assigned to identify the financial institution that issues the card.

C#

Pronounced “see sharp” — is an object-oriented and statically typed computer programming language created by Microsoft for use on its .NET platform. Its name comes from the C language, from which it inherits a similar syntax.

Cardholder

An individual who is issued a card.

P2P Payments

Peer-to-peer transactions (also referred to as person-to-person transactions, P2P transactions, or P2P payments) are electronic money transfers made from one person to another through an intermediary, typically referred to as a P2P payment application.

Parameter

Any of a set of physical properties whose values determine the characteristics or behavior of something.

PCI/DSS Compliant

PCI-DSS (Payment Card Industry Data Security Standard) is an information security standard designed to ensure that all companies that process, store, or transmit credit card information maintain a secure environment.

POS

POS (Point of Sale) The Merchant location where a Transaction originates between a Cardholder and a Merchant with the card and Cardholder present; typically, the card magnetic stripe is read and the Cardholder’s signature is obtained.

Private Key

A cryptographic key that can be obtained and used by anyone to encrypt messages intended for a particular recipient, such that the encrypted messages can be deciphered only by using a second key that is known only to the recipient (the private key).

Public Key

The non-secret portion of the cryptographic method used for verification during a transaction.

Sandbox

An environment where you create a new project to test your applications.

Settlement

Settlement is the final stage of dual message transaction processing. In order to finalize a Transaction’s processing flow.

SOAPUI

SoapUI is an open-source web service testing application for service-oriented architectures (SOA) and representational state transfers (REST). Its functionality covers web service inspection, invoking, development, simulation and mocking, functional testing, load and compliance testing.

Tokenization

Tokenization is the practice of replacing an account number with a substitute value. If this substitute value is stolen, the ability to use it for fraudulent transactions is limited.