Glossary

company number

The unique reference for the merchant/company. This number is assigned by the acquiring bank.

in real time

Instantaneously, immediately

installation ID

The unique reference number, assigned by WorldPay, for a particular Select installation. This is the number you send to WorldPay in your payment form. You will probably have at least two of these, one for the live installation and one for testing.

Merchant

A business that is using WorldPay to facilitate the selling of its products/services.

Merchant ID

WorldPay's unique reference number for your business.

orders page

The web page at which the shopper chooses the products/services to buy.

payment page

The web page at which the shopper chooses the payment method or enters credit/debit card details.

settlement currency

The currency in which a business can accept payment. The currency into which foreign currency payments are converted.

shopper

An individual who is using WorldPay to buy products/services.

shopping system

The web pages at which the shopper chooses the products/services to buy.

WorldPay

Secure server payments and multi-currency system

WorldPay Select

WorldPay Select is a version of the WorldPay system that allows you to use WorldPay's multi-currency and credit card authorisation system in conjunction with your own shopping system. The merchant's shopping system has its own order pages, but utilises WorldPay's payment page.