शब्दकोश · वित्त और भुगतान3-D Secure (3DS)3-D Secure is an authentication protocol for online card payments that asks the cardholder's bank to verify the payer, often with an OTP or app approval.शब्दकोश · वित्त और भुगतानAadhaarAadhaar is a 12-digit identity number issued to residents of India by the UIDAI, linked to demographic and biometric data and used for identity verification.शब्दकोश · वित्त और भुगतानACH (Automated Clearing House)ACH is an electronic network in the United States that processes batched bank-to-bank transfers, such as direct deposits, bill payments and direct debits.शब्दकोश · वित्त और भुगतानAcquirer vs IssuerIn a card payment, the issuer is the bank that gave the cardholder their card, while the acquirer is the bank or provider that serves the merchant.शब्दकोश · वित्त और भुगतानAML (Anti-Money Laundering)AML is the set of laws, controls and procedures financial firms use to detect and prevent criminals from disguising illegal money as legitimate funds.शब्दकोश · वित्त और भुगतानBlockchainA blockchain is a shared, append-only ledger stored across many computers in which records are grouped into blocks that are cryptographically linked together.शब्दकोश · वित्त और भुगतानBNPL (Buy Now, Pay Later)BNPL is a short-term financing option at checkout that lets shoppers receive goods immediately and pay in several instalments, often without upfront interest.शब्दकोश · वित्त और भुगतानCard Network (Card Scheme)A card network, or scheme, is the company whose brand and rules connect issuers and acquirers so card payments can be authorised, cleared and settled.शब्दकोश · वित्त और भुगतानCard TokenizationCard tokenization replaces a card number with a unique surrogate token that is useless outside the specific merchant, device or network that issued it.शब्दकोश · वित्त और भुगतानCredit Card vs Debit CardA credit card lets you spend a bank's money up to a limit and repay later, while a debit card spends money directly from your own bank account.शब्दकोश · वित्त और भुगतानCryptocurrencyA cryptocurrency is a digital asset recorded on a distributed ledger, secured with cryptography and typically not issued or controlled by a central bank.शब्दकोश · वित्त और भुगतानCVV (Card Verification Value)A CVV is the short security code on a payment card, usually three or four digits, used to help confirm the person paying has the physical card details.शब्दकोश · वित्त और भुगतानDigiLockerDigiLocker is an Indian government cloud service where residents store and share digitally issued documents such as IDs and certificates.शब्दकोश · वित्त और भुगतानDigital Wallet (E-Wallet)A digital wallet is an app or online account that securely stores payment credentials or a prepaid balance and uses them to pay online, in apps or in stores.शब्दकोश · वित्त और भुगतानE-invoicing (Electronic Invoicing)E-invoicing is issuing invoices as structured digital data that a tax authority or approved network validates or registers before they reach the buyer.शब्दकोश · वित्त और भुगतानe-KYC (Electronic Know Your Customer)e-KYC is the digital process of verifying a person's identity remotely, often by matching government-issued ID data, without paper forms or in-person visits.शब्दकोश · वित्त और भुगतानEscrowEscrow is an arrangement where a neutral third party holds money or assets until agreed conditions are met, then releases them to the right party.शब्दकोश · वित्त और भुगतानGSTIN (Goods and Services Tax Identification Number)A GSTIN is a 15-character number that uniquely identifies a business registered under India's GST, combining a state code, the PAN and a check character.शब्दकोश · वित्त और भुगतानHSN Code (Harmonized System of Nomenclature)An HSN code is a standardised numeric code that classifies goods for customs and tax, used on invoices under India's GST and in international trade.शब्दकोश · वित्त और भुगतानIBAN (International Bank Account Number)An IBAN is a standardised account number format, with a country code and check digits, used to identify bank accounts for cross-border transfers.शब्दकोश · वित्त और भुगतानIFSC (Indian Financial System Code)An IFSC is an 11-character alphanumeric code that identifies a specific bank branch in India for NEFT, RTGS and IMPS electronic transfers.शब्दकोश · वित्त और भुगतानIMPS (Immediate Payment Service)IMPS is an instant, 24x7 interbank mobile and online funds transfer service in India operated by NPCI, using account details or a mobile number.शब्दकोश · वित्त और भुगतानInterchange FeeAn interchange fee is paid by the merchant's acquirer to the cardholder's issuer on each card transaction and is usually the largest part of merchant costs.शब्दकोश · वित्त और भुगतानMDR (Merchant Discount Rate)MDR is the fee a merchant pays its acquirer on each digital payment, usually a percentage of the sale, covering interchange, network and processing costs.शब्दकोश · वित्त और भुगतानNEFT (National Electronic Funds Transfer)NEFT is an Indian electronic funds transfer system, run by the RBI, that settles bank-to-bank transfers in batches rather than one transaction at a time.शब्दकोश · वित्त और भुगतानNPCI (National Payments Corporation of India)NPCI is India's umbrella organisation for retail payment systems, operating UPI, IMPS, RuPay and other platforms under oversight of the Reserve Bank of India.शब्दकोश · वित्त और भुगतानONDC (Open Network for Digital Commerce)ONDC is an Indian government-backed open protocol that lets buyer apps and seller apps on different platforms discover and transact with each other.शब्दकोश · वित्त और भुगतानOpen BankingOpen banking lets banks share customer account data and payment initiation with authorised third parties through APIs, with the customer's consent.शब्दकोश · वित्त और भुगतानOTP (One-Time Password)An OTP is a short code valid for a single login or transaction, generated by an algorithm or sent by SMS, email or an authenticator app.शब्दकोश · वित्त और भुगतानPAN (Permanent Account Number)A PAN is a 10-character alphanumeric tax identifier issued to individuals and entities in India by the Income Tax Department and shown on a PAN card.शब्दकोश · वित्त और भुगतानPayment Mandate (AutoPay)A payment mandate is a customer's standing authorisation letting a merchant debit their account or card repeatedly, as in UPI AutoPay or direct debit.शब्दकोश · वित्त और भुगतानPayment ProcessorA payment processor is a company that handles the technical and financial routing of card and other payment transactions between merchants, networks and banks.शब्दकोश · वित्त और भुगतानPCI DSS (Payment Card Industry Data Security Standard)PCI DSS is a security standard for organisations that store, process or transmit payment card data, maintained by the PCI Security Standards Council.शब्दकोश · वित्त और भुगतानQR PaymentA QR payment is a payment started by scanning a QR code that holds the recipient's payment details, so the payer only confirms the amount in their app.शब्दकोश · वित्त और भुगतानRecurring BillingRecurring billing is the automatic charging of a customer at regular intervals, such as monthly or yearly, for a subscription, membership or service.शब्दकोश · वित्त और भुगतानRefund (Payments)A refund is a return of money to a customer for a purchase, initiated by the merchant and sent back to the original payment method, usually after a delay.शब्दकोश · वित्त और भुगतानRemittanceA remittance is a transfer of money by a person to another party, commonly cross-border funds sent by migrant workers to family in their home country.शब्दकोश · वित्त और भुगतानRTGS (Real-Time Gross Settlement)RTGS is a payment system that settles large-value transfers individually and in real time, with each transaction final and irrevocable once processed.शब्दकोश · वित्त और भुगतानRuPayRuPay is India's domestic card payment network, launched by NPCI, that issues and processes debit, credit and prepaid cards alongside international networks.शब्दकोश · वित्त और भुगतानSEPA (Single Euro Payments Area)SEPA is a European initiative under which euro bank transfers and direct debits across participating countries follow the same rules and formats.शब्दकोश · वित्त और भुगतानSettlement (Payments)Settlement is the final stage of a payment in which funds are actually transferred from the payer's bank to the merchant's bank and posted to the merchant.शब्दकोश · वित्त और भुगतानSmart ContractA smart contract is a program stored on a blockchain that runs automatically when predefined conditions are met, and whose results are recorded on the ledger.शब्दकोश · वित्त और भुगतानTDS (Tax Deducted at Source)TDS is a mechanism where the payer deducts tax from certain payments, such as salary or fees, and remits it to the government on the recipient's behalf.शब्दकोश · वित्त और भुगतानUPI (Unified Payments Interface)UPI is an instant, real-time payment system run by NPCI in India that moves money between bank accounts using a mobile app and a simple address.शब्दकोश · वित्त और भुगतानUPI ID (Virtual Payment Address)A UPI ID, or VPA, is a human-readable payment address such as name@bank that maps to a bank account so people can receive money without sharing account details.