Advice |
A transaction message indicating that a transaction must either be finalised or reversed. |
Aggregator |
An entity that supplies financial products or services to retailers. The products or services themselves are issued by multiple third-party suppliers, but the aggregator provides a single platform into which a retailer can connect in order for these to be accessed. |
Confirmation |
Advice message indicating that a transaction has been finalised. |
Downstream |
Transaction flow in the direction toward POS. |
Issuer |
Entity that issues tokens for prepaid utilities. |
POS |
Point-of-sale. The platform at which a retail transaction is conducted between customer and merchant. |
PPE |
Prepaid electricity. |
Provider |
The entity which supplies the requested financial product or service. This is not necessarily the actual issuer of the product or service, but could be an aggregator. |
Reversal |
Advice message indicating that a transaction must be reversed. |
Upstream |
Transaction flow in the direction away from POS. |
Utility |
A type of service, such as electricity, water or gas supplied to a household or commercial premises. Also the term given to an entity which provides such services. |