General Merchant:

The merchant sells products to his customers, and receives a payment for it. In our language, the term includes also service providers, platforms, and marketplaces. As payment service provider (PSP), secupay cares for the payment and interacts with both, the merchant and his customer. The API offers an object called General Merchant to access merchant details.

Smart Transaction:

A Smart Transaction manages a business transaction, like a purchase order for instance. If this includes one of our payment or loyalty services, it also manages the life cycle of the Payment Transaction or Loyalty Transactions. Furthermore it manages the checkout process, and can track the fullfilment of an order.