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A

Glossary

Annex I -

264

Worldline

2016 Registration Document

“SaaS”

on distant servers rather than on the user’s machine.

Software as a Service. Commercial software delivery model in which software is installed

“SEPA”

and payment by card.

The Single Euro Payments Area, a project initiated in 2002 by credit institutions to make

by putting in place three European payment methods, namely wire transfer, direct debit

payments among 34 European countries as easy and as secure as domestic payments,

“settlement”

Payment of funds by the acquirer either directly into the merchant’s bank account or

through the payment service.

“Sips”

Secure Internet Payment Services. A secure online, cross-channel payment processing

solution.

“SOA”

Service-oriented architecture. Middleware architecture model enabling interaction among

internal consistency but loose coupling to external components.

applications by providing services (in the form of software components) with strong

“white label”

marketer, rebrands and distributes to make it appear as if it had made it.

A service or solution produced by one entity, the producer, that another entity, the