Payments Dictionary

The PaynoPain Payments Dictionary for ecommerce and digital payments

The key terms of ecommerce and digital payments explained clearly and simply.

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Explore the most relevant concepts to boost your online business.

What is a digital wallet? Digital wallets, also known as e-wallets, are payment tools that let you pay online. They work like a traditional wallet but adapted to the digital world.
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What is a virtual POS? A virtual POS is the online version of a physical card terminal (card reader). It allows ecommerce businesses to process payments online and in real time.
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What is the PCI DSS standard? The Payment Card Industry Data Security Standard (PCI DSS) is a security standard designed to protect cardholder data and other sensitive authentication information during processing, storage and/or transmission.
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