An acquirer is a bank or payment institution that accepts and processes electronic payments for businesses. A business can sign a contract for electronic payments with an acquirer directly but it can also use the services of an intermediary, a so called APSP or Acceptant Payment Services Provider.
APSP
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C
Cash trapping
With this form of fraud, criminals place a cover in front of the cash-dispensing opening of an ATM so that the banknotes are blocked. The cardholder thinks the ATM is broken. Once the cardholder has walked away, the criminals intercept the money withdrawn.
D
Debit card
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Demand side
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G
Giro / Cashless
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I
IBAN
International Bank Account Number, an accepted standard for worldwide unique bank account numbers.
ISO 20022 XML standard
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Issuer
An issuer is a bank or payment institution that issues electronic payment products to its customers. Dutch banks that issue debit cards from Maestro or V PAY to their customers are all issuers. These include virtually all banks offering payment or checking accounts.
P
Payment service
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Payment system
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Phishing
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POS institution
Any organisation with a point of sale (POS).
S
SEPA
Single Euro Payments Area, the area for uniform domestic and foreign payments in euro.