| # | Term | Definition |
|---|---|---|
| 1. | Merchant Identifier (MID) | This is the unique identifier that the merchant passes to VPG so that it can identify the merchant the payment is originating from. |
| 2. | Merchant Name | The actual name of the merchant. |
| 3. | Merchant Number |
The Merchant Number is issued by the bank to the merchant. It is known on TransSmart as Merchant Number and on Postilion as Card Acceptor ID. In TransSmart, Merchant Number appears in the Credit Card Account Configuration (Connector) and maps to Card Acceptor ID in Postilion. |
| 4. | Payment Gateway |
Vodacom's payment website hosted in a secure PCI environment. Allows customer to pay for the goods purchased on a merchant website. Powered by TransSmart Payment Engine. |
| 5. | PG / VPG | New VPS payment gateway incorporating TransSmart. |
| 6. | Recurring-Enabled Merchant | A merchant that is enabled to do recurring payments via VPG |
| 7. | RTP | Recurring Transaction Payment |
| 8. | TransSmart | The VPG transaction processing engine |
| 9. | VFS | Vodacom Financial Solutions |
| 10. | VPS | Vodacom Payment Solutions |
| 11. | WebHook | A webhook in web development is a method of augmenting or altering the behaviour of a web page, or web application, with custom callbacks. |
| 12. | AES | Advanced Encryption Standard |