secupay Payments Glossary

We explain payment terminology from A to Z, including accounting and payment methods.

Card acceptance

Acceptance of cards as a cashless means of payment. Around 60 percent of stationary retail sales are now paid by card. Card acceptance is therefore an important customer service. Card acceptance requires a contract with an acquirer. In addition, the respective card type must be indicated on the EC-terminal or in the online checkout must be technically activated by the payment service provider.