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From A for acquirer, to Z for "zero-rated": In our glossary you will find a clear list of the most common technical terms from the world of payments explained in a simple and understandable manner.

iPhone mit Glossar Screen

The tokenisation process refers to an encryption process of sensitive data to increase the security of credit card payments. In this way, the risk of criminals spying on credit card data is reduced. Merchants can use this number to generate transactions, match purchases/refunds made in different channels or track customer behaviour.

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