Glossary
To understand the vocabulary used in the guides
2FA (Two-Factor Authentication)
A security mechanism requiring two distinct factors to verify a user’s identity (e.g., password + SMS code).
3D-Secure (3DS)
Online card payment authentication protocol to reduce fraud (e.g., "Verified by Visa", "Mastercard Identity Check").
Access Token
Digital key used to securely access an API or system.
ACPR (Autorité de Contrôle Prudentiel et de Résolution)
French supervisory authority for banking and insurance, under the Banque de France (the french central bank).
Acquirer
A payment service provider processing card payments on behalf of merchants.
Agent
A person or entity acting on behalf of a licensed payment service provider (the Platform).
AML/CFT (Anti-Money Laundering / Counter Financing of Terrorism)
Regulations preventing money laundering and illicit financing.
API (Application Programming Interface)
Interface allowing applications to communicate with each other.
Available Balance
The portion of the funds in a Payment Account that is cleared and ready for immediate use (P2P or Pay-out).
Bank Reconciliation
Process of matching internal platform records with bank statements to ensure financial integrity.
BIC (Bank Identifier Code)
The standard international code (also known as SWIFT) used to identify a specific bank during a transfer.
Card Descriptor
Name displayed on the cardholder’s bank statement for a card transaction.
CB Card (Carte Bancaire)
French-issued bank card payment method.
Changelog
Documented history of changes made to a system or product.
Chargeback
Payment reversal initiated by the issuer following a dispute from the cardholder.
Crowdfunding
Funding method where individuals or companies collectively finance a project.
Dashboard (Backoffice)
Internal management interface to administer and monitor operations.
Document Key
A unique identifier used in the API to categorize a compliance document (e.g., identity_proof, ubo_declarative_form).
Environment Name
Designation of the computing environment (e.g., sandbox, test, production).
Escrow Account
Segregated account keeping client funds separate from company funds.
External Account
A real-world bank account (identified by an IBAN) located outside of the Mipise Payment Services ecosystem, used for withdrawals.
GDPR (General Data Protection Regulation)
EU regulation on the protection of personal data.
IBAN (International Bank Account Number)
Standardized international bank account number.
Integration
Technical process of implementing a payment solution or API.
IP Address
Unique digital identifier assigned to a device connected to a network.
KYB (Know Your Business)
Identity and compliance verification process for legal entities (companies, associations).
KYC (Know Your Customer)
Identity and compliance verification process for individual clients (natural persons).
Legal Representative
The individual (Natural Person) authorized to act on behalf of a Legal Entity.
Mandate (SEPA Direct Debit Mandate)
A legal authorization given by a customer to a creditor to pull funds from their bank account.
P2P (Peer-to-Peer)
An instant internal transfer of funds between two Payment Accounts within the platform.
Pay In
An operation where funds are credited to a Payment Account (via Card, Transfer, or Direct Debit).
Pay Out (Withdrawal)
An operation where funds are debited from a Payment Account and sent to an External Bank Account.
Payment Account
A digital ledger used to hold and transit e-money for a specific User.
PCI DSS (Payment Card Industry Data Security Standard)
International security standard for handling card payment data.
Person
The real-world identity (Natural or Legal) attached to a User for compliance and identity verification.
PISP (Payment Initiation Service Provider)
Provider offering payment initiation services, regulated under PSD2.
Platform UUID
The unique identifier of your platform environment within the Mipise Payment Services system.
Production
Live environment where operations are executed with real data.
PSD2 (Payment Services Directive 2)
European directive regulating payment services and strengthening security.
PSP (Payment Service Provider)
Entity providing payment services.
R-Transaction
A rejected or returned SEPA Direct Debit transaction (e.g., due to insufficient funds or a revoked mandate).
Rebilling
Re-invoicing of fees or services to a third party.
REST API
API type using HTTP protocol and REST principles (Representational State Transfer).
Rolling Reserve
Funds withheld by a PSP to cover potential chargebacks or disputes.
RTS (Regulatory Technical Standards)
Technical standards issued by EU authorities.
Sandbox
Isolated test environment to develop or validate integrations without real data.
SCA (Strong Customer Authentication)
Strong authentication required by PSD2 for certain operations (e.g., 3DS for cards).
SDD (SEPA Direct Debit)
European system for automatic bank debits.
Segregation
The legal requirement to separate client funds from the company’s operational funds.
Technical Account
Internal account used for technical flows or intermediate operations.
UBO (Ultimate Beneficial Owner)
The individual(s) who ultimately own or control more than 25% of a legal entity.
UMR (Unique Mandate Reference)
The unique reference number identifying a SEPA mandate on a bank statement.
User
The top-level digital identity in the API that holds one or several Payment Accounts.
Webhook
A real-time notification sent by Mipise Payment Services to your platform when an event occurs (e.g., document validated).
Whitelisted IP Address
IP explicitly allowed to access a system or API.