Payment participants
| Term | Meaning |
|---|---|
| Merchant | A business accepting payments for goods or services. |
| Acquirer | The acquiring bank partner that underwrites merchants and settles merchant funds directly. |
| Issuer | The institution that issues a payment card and makes authorization decisions. |
| Card network | The network framework connecting participating institutions for card payments. |
Payment operations
| Term | Meaning |
|---|---|
| 3-D Secure (3DS) | A framework for cardholder authentication in online card payments. |
| Authorization | The issuer’s decision on a card-payment request. |
| Settlement | The movement of processed payment funds to the merchant under the acquiring agreement. |
| Chargeback | A card-payment dispute process governed by network and acquiring rules. |
| Payout | An outbound payment workflow governed by the selected product’s funding and beneficiary arrangements. |
Integration and acceptance
| Term | Meaning |
|---|---|
| KYB | Know-your-business checks used in merchant and business onboarding. |
| Hosted checkout | A managed payment page hosted by Duoza. |
| Iframe | A payment experience embedded within a merchant page. |
| Direct Pay API | Duoza’s API-led online acceptance option with 3-D Secure support. |
| SoftPOS | Software-led in-person acceptance, including Duoza’s planned tap-to-phone capability on its own pinpad. |
Cards, accounts, and digital assets
| Term | Meaning |
|---|---|
| Virtual card | A digital card format used through the supported payment channels. |
| Stablecoin | A digital asset designed to track a reference value; issuer and depegging risks remain. |
| USDT / USDC | Stablecoins supported for Duoza card funding under the relevant programme terms. |
| Offshore / international account | An account arrangement accessed through a provider in an eligible jurisdiction. |
| Conversion | The step connecting a digital-asset funding value with the relevant card or bank-payment rail. |
| CBUAE | The Central Bank of the United Arab Emirates. |