Definitions Archives - Page 2 of 3 - SecurionPay - Payment Platform With Advanced Technology


The Importance of SSL Certificates

SSL (secure socket layer) certificates are very important in today’s world of online business, so any website that wants to accept online payments must implement this concept. Continue reading to see why SSL really matters.

Liability Shift Overview

For many years, the merchants were held liable for different e-commerce chargebacks because of frauds. Today, the authentication is bringing the positive benefits that come with liability shift. So what exactly is liability shift?

What Is a Direct Debit?

You’ve probably heard about direct debit not even once, but do you exactly know what does it mean? Read the full definition to get the answer.

Do You Know What A Debit Card Is?

Debit card, also known as a check card, is a plastic payment card that you can use instead of cash to make purchases. So, you don’t have to carry the money when you go shopping. Moreover, debit cards are also one of the most convenient way to pay when you buy goods online.

Credit Card Capture Definition

Credit card capture or authorization capture takes place after a payment authorization. It’s when the authorized money is transferred from the customer’s account to a merchant’s account. So, in short, the transaction amount doesn’t reach the merchant account until the funds are captured. Read on to learn the details.

Why Card Security Code Matters In Online Shopping?

Ecommerce is growing fast and credit cards are still the most popular online payment method. Read the full post and see what card security code is and why you need one to pay for the goods on the internet.

Characteristics Of Credit Card Pre-Authorization

You’re a merchant that uses credit card pre-authorization but still do not now know what it exactly means? Read the post and see the whole definition.

What Is a Chargeback?

Before you start selling online, you should know that accepting card payments comes with chargebacks. It doesn’t mean that it will affect your business but it’s better to prepare for such a situation when a chargeback occurs. But first, what is a chargeback?

A Few Words About Credit Card

A credit card is one of the payment methods and it allows you to pay for goods in brick-and-mortar, as well as on the internet. What do you need to know about credit card? Read the post to find out more.

Things You Need To Know About Card Authorization

Have you ever wondered what happens “behind the scenes” when you hit the ‘Pay’ button on a website? When you make a purchase with a credit or debit card, a card authorization request is sent to the issuer to verify that the card is valid. Here’s how.