SlimPay Help Center

Card Overview


In this article, you will find a global presentation/ description of the card payment with some key definitions. 

Card payment is popular, the instant author or rejection makes it less riskier for the merchant. In other words, customer authorized the merchant to take money from them by card:

  • Card number to give
  • 3-D Secure
  • Tokenization of the card details
  • Money is taken after going through the Card network (VISA, MasterCard...) 



Authorizing a payment is the process of confirming the availability of funds for a transaction with the customer’s credit card company.

The authorization is immediate.


The capture is the process of collecting the funds to credit the merchant payment account. 

It can be simultaneous to the authorization or delayed (7 days max). 

Issuer/ Issuing bank

The financial institution that issues credit cards to consumers on behalf of the card network (Visa, Mastercard). The issuer acts as the "middle-man" for the consumer and the card network by contracting with the cardholders. 

Acquirer/ Acquiring/ Collecting

SlimPay plays the role of the merchant's bank by opening a Payment account in the name of the merchant on which the transactions will be collected. 

Tokenization/ Card Alias

Tokenization is the process through which PAN data is replaced with a surrogate value known as an unique “token” or “alias”.




Go check our card article on our blog


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