Definitions
Client, User, Customer | A person or a firm that owns a payment account in your environment |
|---|---|
Wallet | The technical definition of a wallet is legally speaking a payment account |
Directkit | Lemonway's webservices |
Backoffice | Payment monitoring dashboard to get access to your payments, your payment accounts, your reports |
Webkit | Web pages to which you can redirect your clients |
Environment | It includes a Directkit, a Backoffice, and a Webkit. We set up a testing environment for you first, also called Sandbox. Then when we are both ready, we go live and open the live payment environment. |
Money-in or Pay-in | Credit of a payment account by card, or by fund transfer we received, or any other payment method we support |
Money-out or Pay-out | Fund transfer from a payment account to a bank account. From Lemonway point of view, this is an external transfer from Lemonway bank account to an IBAN |
ON US or P2P | Payment account to payment account payment |
KYC | Know Your Customer (KYC). Documents that need to be uploaded to a Wallet to know the customer, and respect compliance and regulation: proof of ID, proof of address, etc. |