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...) 

The ecosystem

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. 

Card Alias

SlimPay replaces PAN data with a surrogate value known as an unique “card token” or “card alias”. 
It is an alphanumeric value generated by SlimPay.



Go check our card article on our blog


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