The 3-Domain Secure is a security protocol that aims to verify the authenticity of online transactions by ensuring that the person making the purchase is indeed the one who holds the bank card. Since the entry into force of the PSD2 (Payment Services Directive applicable at the European level), this security device is applied or not at the initiative of the buyer's bank.

Stands for "Autorité de Contrôle Prudentiel et de Résolution", which is the regulator to which companies in the payment field are subject. It is an institution backed by the Bank of France whose mission, as defined in Article L.612-1 of the Monetary and Financial Code, is to "ensure the preservation of the stability of the financial system and the protection of customers, policyholders, members and beneficiaries of persons subject to its supervision".

It is the acronym of "Application programming interface" which means "Interface de programmation d'Applications" in French. It is a set of programming code that allows applications to communicate with each other (exchange of services, data, protocols) and to facilitate the integration of third-party application software.

This is the abbreviation for Alternative Payment Methods. Alternative Payment Methods" or APMs refer to all forms of payment other than cash or bank-issued cards. This includes mobile payments, virtual wallets, and bank transfers.

An acquirer is a financial institution that is authorized to receive and process card payments on behalf of merchants. It is also referred to as an acquiring bank.

Factoring is a means of financing and collecting receivables for B2B activities. It allows you to obtain money for invoices or customer receivables more quickly, in advance, before they are due.

It is a set of rules and instructions to be applied in a certain order to solve a problem.

It is a procedure by which a computer system ensures the identity of an entity (person or computer) and authorizes the access of this entity to the resources of this one. It is usually done by verifying a password, a certificate, biometrics, or any other piece of information that can prove the identity of an entity.

This is an acronym for Buy Now Pay Later, which refers to the activity of providing financing in the payment stream, whether it is deferred or split.

In computer language, this translates into work done on an application (web application, mobile or website) in the "background", not directly accessible by users, who access the service via the front-end.

It is a financial indicator that represents the amount that a company must finance in order to cover the shortfalls linked to operational activity, i.e., the shortfalls in cash flow due to receipts and disbursements in the short term. It is therefore the part of the activity that is not covered in the short term by incoming financial flows.

It is the acronym of Content Management System, it is a software that allows to create, manage, modify sites, blogs or mobile applications and their content, in a dynamic way.

Stands for "Commission Nationale de l'Informatique et des Libertés". It is the French authority in charge of the protection of personal data and the control of computer uses, so that they are used in an ethical way and comply with the law.

In the context of BNPL, refers to the ability of an individual or company to repay the amount borrowed as a result of a credit application.

When making an online purchase, this is the process by which the funds in a cardholder's account are debited once the transaction is authorized.

It is a dematerialized bank card that allows to make and secure online transactions. With an operation quite similar to a physical bank card, the virtual card issued to allow the payment of a transaction in the acceptance environment of the merchant (and therefore without impacts for him).

Means "cash flow" in French. Cash flow is an indicator that represents the state and evolution of a company's cash flow. It is a statement of cash inflows and outflows. It allows to estimate the solvency (short-term health) and the durability (capacity to pay the current debts linked to the operational activity) of the company.

Means in French "rétrofacturation". It is a procedure by which a consumer who has paid for a purchase or a service to a professional - French or foreign - by bank card, can revoke under certain conditions his payment order and be reimbursed by the bank card brand - or the bank itself, in case of commercial dispute.

Set up by the Banque de France, the over-indebtedness commissions are entities whose mission is to find settlement solutions for people who are unable to pay their debts, while preserving the interests of individuals and their creditors. These commissions of overindebtedness can be seized free of charge, and in each French department.

It is a software designed to connect and add external functionalities to an application in a secure way.

It is a term used to refer to disputes that are destined to be brought before the courts, and to be judged by a judge.

Credit scoring is a tool used by lenders to evaluate the credit risk of a potential borrower (individual or company). Credit scoring is a tool, set up by lenders and based on financial or non-financial data, which allows to evaluate the credit default risk of a potential borrower (individual or company). Once the borrower's financial information has been analyzed, a score is obtained which allows the creditworthiness of the borrower to be judged.

A claim is a sum of money owed by the "debtor" (natural or legal person who must pay for a service) to the "creditor" (holder of the claim).

A credit is the advance of a sum of money from a bank or a credit institution "lender" to an individual "borrower", to which is added the payment of interest and, if applicable, additional costs, for a determined or undetermined period. A loan is binding and must be repaid.

In finance, the due date refers to the date on which a period of time for payment of an invoice by a customer to a supplier expires. Beyond this date, the customer may be charged late payment penalties.

The 2nd European Payment Services Directive (known as PSD2) adopted on November 25, 2015, aims to facilitate payment services and make security standards more stringent to ensure consumer protection in their online purchases.

A credit file is a set of documents, information and administrative pieces that allows to know the level of indebtedness of a potential borrower following a credit application made to a bank or a financial institution.

The total amount of cash disbursed from a company's cash register to finance the purchase of a good or service. In the field of credit, the term "disbursement" is used to designate the funds withdrawn from the cash register of a credit institution and transferred to the bank account of the institution's client(s).

Refers to a situation where a legal or natural person finds himself in a debtor position and is unable to honor the payment of a due date for the repayment of his debts to his creditors.

The withdrawal period is a period during which a consumer, having purchased a good, a service, or having signed a contract, has the right to go back on his decision. This period applies to distance selling contracts (VAD), credit operations, or insurance contracts.

"Translates to "electronic wallet" or "virtual wallet". It is a system of virtual storage of the user's credit card account data, which allows the user to make online payments, make money transfers, or receive refunds, without having to enter their full information with each transaction.

It is a set of payment schedules communicated by the creditor to the debtor to be met and paid on time. Generally, for the debtor, it is a monthly payment depending on the type of payment facility.

Is a legal entity, usually a financial institution or bank, that issues bank cards for use by their customers (known as "cardholders"). It is also called an issuing bank.

The loan is considered as a long-term financial debt (for example, the real estate loan), which a natural or legal person holds with a bank or a credit institution. Unlike "credits" which are generally short and medium term debts.

Collection is the act of collecting money. In finance, when a company uses a customer collection procedure, it is initiating a procedure to obtain payment for its products and services. It also serves the purpose of controlling the company's costs and improving cash flow.

An outstanding loan is an amount of money that has been loaned (credit) by a borrower, calculated as of a given date, and has not yet been repaid.

The term "indebtedness" refers to the use of one or more credits to finance a purchase or a project. This term is also used to characterize the accumulation of debt.

It is the act of certifying a business transaction and committing the debtor to pay the amount determined as a result of a sale or service.

It is a program that allows you to refine a data stream. The filter allows to see only a part of this data set.

It is the fact that a banking or credit institution advances a sum of money to a legal or natural person so that the latter can carry out an economic operation: make a purchase, make exceptional investments, or support a project. This operation generally takes the form of a credit, a loan, public aid or equity.

Short for "financial" and "technology", fintechs are companies, usually start-ups, that aim to offer customers innovative and less expensive financial and banking services through their technology.

A Fond Commun de Titrisation is an unincorporated structure that acts like a co-ownership. It is created at the initiative of a management company and its custodian with the aim of recovering financial assets, and allows the financial institution that has transferred its securities to this fund to refinance itself.

These are fees that the bank or lending institution charges its customer for the study and implementation of its credit financing file. The amount of the expenses varies according to the establishments and can either be offered or be included in the calculation of the annual effective rate (TAEG).

Designates the graphic interface and ergonomics of a site or mobile application with which users will interact.

An overdue debt is a debt that has not been paid by a debtor by a due date.

A payment incident is the fact that a payment order (check, transfer or direct debit) was presented and then rejected by a bank for insufficient funds in the bank account, a default or an unauthorized debtor situation.

Provided by various banking and financial organizations, financial inclusion gives everyone access to basic financial services such as: opening a bank account, access to suitable means of payment, access to credit. This system also makes it possible to inform and protect vulnerable people or those in financial distress thanks to specific measures: awareness-raising and support in dealing with overindebtedness, caps on incident fees, specific offers for vulnerable people, etc.

It is a program that serves as an intermediary for the exchange of data or services between two software programs, using a programming language.

It is an operation consisting in including a software or any computer element in an information system of a company, in order to make them work together, increase the efficiency, and offer new functionalities.

Interest is the cost that a corporation or individual pays to a lender (creditor) for the loan.

KYC stands for Know Your Customer. It is a procedure that allows banking or financial organizations to verify the identity of customers and to ensure their compliance with the regulations in force. This procedure allows to fight against money laundering & terrorism financing, identity theft, and ensures compliance with tax regulations, laws and regulations related to the fight against corruption, and the protection of customers' interests. As an extension of the KYC concept, we find the term KYB for Know Your Business, which means in French "connaitre son entreprise". It is the same identity verification procedure, but applies to companies or legal entities.

The fight against money laundering and terrorist financing (AML/CFT) aims to protect the integrity and stability of the economic and financial system and to limit the techniques and activities of criminal enterprises by depriving them of funds. It is characterized by a set of laws, regulations and control measures.

A fundraising is an operation which consists in seeking and integrating investors or institutions in the share capital of a company in order to finance its development or a project. In exchange for a contribution of funds, the investors recover a part of the company's shares and hope to realize a capital gain when they are resold.

It is a remote payment method, usually by credit card. It allows to send a one-time link by email, or SMS, or via a social network, to a customer.

This is an overview of the customer base, outstanding balances and information about the level of risk carried by customers. It is an overview of the customer base, outstanding balances and information about the level of risk carried by customers.

The Lagarde law, which came into force in July 2010, aims to reform consumer protection and the accountability of credit organizations by imposing clearer and more precise communication on credit, and to put in place measures to fight against overindebtedness.

It is the acronym of Mail Order Telephone Order for "Order by email - Order by phone". In e-commerce, it is generally a question of payments made "off-line", either by email or by telephone, and for which the payment information is entered by an operator or vendor.

It is the acronym for Minimum Viable Product and designates a product development strategy that is characterized by the marketing of a product, a service or a software with its most basic functionalities. The goal is to save development time, to quickly submit the product to user evaluations, and to confront it with the market reality.

The Lagarde law, which came into force in July 2010, aims to reform consumer protection and the accountability of credit organizations by imposing clearer and more precise communication on credit, and to put in place measures to fight against overindebtedness.

It is an amount that the borrower must pay each month to the creditor in order to repay the loan. It consists of the amount borrowed, any interest and other charges.

Also known as a "plugin", it is a software element that is added to a host software to extend its functionality.

It is the technology used to allow banks and financial institutions to open up access to certain data, so that they can share it with each other and use it.

The acronym PCI DSS (Payment Card Industry Data Security Standard) stands for "Payment Card Industry Data Security Standard". It is a standard that aims to reduce online fraud and protect sensitive payment cardholder data.

The Proof Of Concept (POC) or proof of concept is a method that allows to demonstrate the feasibility of a project, a product, or a concept. It takes place upstream of the project management phase and is widely used in Agile methods.

Means "Payment Service Provider". This is a company licensed to provide Payment Services, for example, a credit institution or a payment institution.

A plugin is a software that adds functionality to a host software.

It is the ability to buy goods and services according to one's disposable income. Purchasing power depends on both the level of income and the level of prices set by the state.

It is a direct debit that allows individuals and companies in the SEPA zone (representing 34 countries and territories in the euro zone) to transfer and collect payments in euros.

The act of making funds available to a "borrower" in exchange for the payment of interest and repayment of those funds on a due date.

Late payment penalties are a sanction applied in case of late payment. The purpose of these penalties is to encourage the debtor to pay his debt.

Refers to the legal, amicable, judicial means and devices put in place to obtain from a debtor the payment of the debt(s) owed to his creditor.

It is an action by which a user is automatically redirected from one page to another page of a site without having to take any additional steps.

It is the return of a sum of money that was due at the time the bond matured.

This is a process that allows you to pause or defer your monthly payments for up to 24 months.

Refers to the potential default of a debtor, and the potential losses the creditor incurs as a result of a loan.

It is a process that compares the accounting entries and the bank statement of a company at a given date, and ensures that the data matches, or conversely, to rectify the discrepancies between the two balances.

It is the acronym of Single Sign-On which means "Single Authentication". It is a technology that allows users to access several applications and sites without having to identify themselves each time, thanks to a unique authentication system. This system also ensures that the user has the right to access these applications and sites.

It is the abbreviation of Software as a Service. It refers to software hosted on a provider's server, accessible via an Internet browser, and which is generally invoiced in the form of a subscription.

It is the set of services related to the means of payment or to the management of money made available to customers by players in the banking, insurance and financial sectors.

A debit account balance is a negative balance.

It is the ability of a person to pay back his debts.

Technical support is the assistance provided by a group of technicians to users of a service. This assistance aims to answer possible requests for information or incidents, to help solve technical problems, or simply to ensure the best possible use of the service offered.

According to the article L331-1 of the Code of the Consumption, the overindebtedness is a delicate financial situation for a private individual which is characterized by the "manifest impossibility for the debtor of good faith to face the whole of its nonprofessional debts due and to fall due".

Stands for "Annual Percentage Rate". It corresponds to the total cost of the credit for the consumer, expressed as an annual percentage of the total amount borrowed. It is used to determine the total amount to be repaid. It is composed, among other things, of the basic interest rate, bank fees, processing fees and credit insurance fees, and must not exceed the legal usury rate set by the Banque de France.

This is the percentage of transactions that were accepted out of all payment attempts (i.e., the number of transactions that were presented to the system). This ratio is important because it allows you to evaluate the performance of your payment system.

It is a financial indicator, expressed as a percentage, that measures a client's ability to repay a loan. It is calculated by dividing the client's monthly income by his monthly financial expenses.

It is a percentage that measures the amount of money a borrower will have to pay back to the person or company lending him money.

It refers to the maximum annual percentage rate of charge (APR) beyond which banks and other credit institutions may not lend money in France. The usury rate is set by the Ministry of Economy, Finance and Industry and has a regulatory function. It allows to avoid too high interest rates that could put the borrower in a difficult financial situation.

It is a percentage ratio representing the number of people who have completed a given action (purchases or registrations) compared to a reference population. It allows you to prove the efficiency of a contact form, an advertising campaign or a payment tunnel.

The payment tunnel corresponds to the different steps related to payment that lead the visitor of an e-commerce site or an application to make a purchase.

A wire transfer is a transaction that transfers money from one account to another. It is initiated by the sender of the transfer (or debtor), using the beneficiary's banking information.