Skip to main content

Payments Glossary

Payments Glossary

Payments Glossary section divider


Glossary of Terms

Payments glossary reference

Payment Acronyms

AcronymDefinition
PIMP2PE Instruction Manual - the compliance document merchants must follow for PCI P2PE
P2PEPoint-to-Point Encryption - encrypts card data from PED to payment gateway
PANPrimary Account Number - the card number printed on the payment card
PEDPIN Entry Device - the payment terminal where customers enter their PIN
POIPoint of Interaction - the device or system where the cardholder interacts
TMSTerminal Management Service - centrally manages PED software, config, and keys
MIDMerchant ID - unique identifier assigned by the acquirer to identify the merchant
TIDTerminal ID - unique identifier for each terminal registered with the acquirer
PDCPayment Device Controller - the host service that manages communication with PEDs