Routing#
3-D Secure 2 (3DS2)
The card-scheme protocol for authenticating online card payments, using device data to approve most payments without a challenge.
Learn moreSchedule a demo
Pick a time with our team. The scheduler is provided by Calendly and sets its own cookies.
Prefer email? support@coriunder.com
We use your details to arrange your demo. Read our Privacy Policy.
Orchestration, routing, onboarding, settlement and banking terms that PSPs, acquirers, marketplaces and fintechs use every day, each linked to where it lives in the Coriunder platform.
The card-scheme protocol for authenticating online card payments, using device data to approve most payments without a challenge.
Learn moreA bank or licensed institution that processes card payments on behalf of merchants and settles the funds to them. Also called the acquiring bank.
Learn moreControls that detect and prevent money laundering, including screening, transaction monitoring and reporting suspicious activity.
Learn moreAny payment method other than cards, such as e-wallets, bank transfers, open banking, vouchers and local methods.
Learn moreThe share of payment attempts that are authorised. Routing, cascading, tokens and 3DS2 tuning all raise it.
Learn moreOnboarding where application forms, verification providers and a rules engine score and approve merchants and provision their accounts without manual steps.
Learn moreBanking features such as accounts, IBANs, cards and payments that a licensed partner provides through a platform, so non-banks can offer them under their own brand.
Learn moreCreating virtual or physical payment cards, prepaid or debit, linked to a balance, through an issuing processor.
Learn moreA payment reversal the cardholder starts through their bank, which the merchant can dispute with evidence.
Learn moreOffering foreign cardholders the price in their own currency at checkout, with the conversion done by the merchant's provider.
Learn moreA permanent decline, such as a stolen card or closed account, that should not be retried.
Learn moreA checkout page hosted by the payment provider, so card data never touches the merchant's servers and the merchant's PCI scope stays small.
Learn moreA pricing model that passes through the interchange fee and the scheme fee at cost, plus a fixed markup from the provider.
Learn moreA company that resells an acquirer's merchant services, signing and supporting merchants under the acquirer's sponsorship.
Learn moreVerification of a company: registration, ownership and ultimate beneficial owners (UBOs), directors and licences.
Learn moreIdentity verification of an individual, such as a document check, liveness check and sanctions screening.
Learn moreCollecting from buyers and paying many sellers, with onboarding, split payments, commissions and group settlement by sub-merchant or by cart item.
Learn moreSending many payouts in one batch, for example to marketplace sellers, affiliates or iGaming winners, across countries and currencies.
Learn moreThe process of signing up a merchant: application, KYC and KYB checks, risk scoring, approval and configuration of MIDs, fees and routing.
Learn moreThe identifier an acquirer assigns to a merchant account. One merchant can hold several MIDs across acquirers, currencies or business lines.
Learn moreAutomatically retrying a declined transaction on another merchant ID (MID), usually at a different acquirer, in a defined order until it is approved or no eligible MID remains.
Learn moreA ledger that holds balances in several currencies per customer or merchant and moves money between them.
Learn moreCard-scheme tokens that replace the card number and update automatically when a card is reissued, improving authorisation rates.
Learn moreCoriunder's term for operating your payment business: everything a payment provider does around the transaction, from onboarding and risk to settlement, reconciliation, payouts and support. Coriunder was built by operators to automate Opayrations.
Learn morePayments and account data accessed through bank APIs under PSD2, used for pay-by-bank pay-ins and payouts.
Learn moreA hosted deposit and checkout page, common in iGaming and forex, that shows each customer the right payment methods and handles deposits and withdrawals.
Learn moreA provider that onboards sub-merchants under its own master merchant account, so small businesses can accept payments without their own MID.
Learn moreSoftware that securely captures payment details at checkout and passes them to a processor or acquirer for authorisation, then returns the result to the merchant.
Learn moreA layer that connects merchants to many acquirers, PSPs and payment methods through one integration and decides, per transaction, which provider processes each payment, with routing, cascading and a single view of performance.
Learn moreMatching the files from acquirers, banks and providers against what the platform recorded, so every transaction and fee is accounted for.
Learn moreSending money out to merchants, sellers, affiliates or customers, choosing the right payout provider and rail, with approvals and tracking.
Learn moreThe Payment Card Industry Data Security Standard. Level 1 is the highest level, required for the largest processors of card data.
Learn moreA company that lets merchants accept payments by contracting them, connecting them to acquirers and payment methods, and handling processing and settlement.
Learn moreA percentage of each settlement held back for a set period, often 180 days, to cover future chargebacks and refunds.
Learn moreConfigurable logic that makes decisions automatically, for example scoring merchant applications, assigning fee templates or blocking risky transactions.
Learn moreThe PSD2 requirement in Europe to authenticate payers with two factors, with exemptions such as transaction risk analysis (TRA).
Learn morePaying merchants their processed funds minus fees, reserves and chargebacks, with a statement that explains each deduction.
Learn moreRules that choose the best acquirer or provider for each transaction based on data such as BIN, card country, currency, amount, method and cost, to raise approval rates and lower fees.
Learn moreA temporary decline, such as do-not-honour or issuer unavailable, that may succeed on retry or on another acquirer.
Learn moreDividing one customer payment between several parties, such as a marketplace seller and the platform, at capture.
Learn moreA business that processes payments under a payment facilitator or marketplace rather than with its own direct acquiring contract.
Learn moreAn IBAN issued to a customer or merchant that routes incoming funds to a master account, so each one gets its own account number without a separate bank account.
Learn morePayment gateway software built by one company and run by another under its own brand. The operator owns the merchants and pricing; the provider runs the technology and PCI scope.
Learn moreNo terms match. Try another word, or ask our team.
Tell us the payments term you were looking for, or talk to our team about how Coriunder handles it.