Chapter 2. Terminology

Merchant - A customer of Paytrail; runs the web application in which the Paytrail services are used. The merchant sells a product or service online to its customers.

Customer - A consumer, the customer of a merchant, the person making a payment.

Paytrail account - the personal account of a customer that holds the customer's tokenised payment card details and address details.

Paytrail Connect API - the interface used to gain access to Paytrail accounts.

Paytrail Payment Service - Service that allows customers to pay for purchases to the Merchant. Includes all popular payment methods in Finland.

Paytrail Sales Channel - Channel where multiple merchants can sell their products in one location (like an online marketplace or mall). This allows the customer to buy from several different merchants and make only one payment.