API – Application Programming Interface – a set of programming standards and technical integration between systems, designed to enable Participants to receive the amount from sales made, as well as control the payment solution’s functionalities.
IUGU ARRANGEMENT – the set of rules and procedures governing the provision of payment services for the acquisition of goods and services, in accordance with applicable legislation.
BOLETO – the payment method generated by iugu.
IUGU BILLING – offering a solution for managing online invoicing and receivables.
PREPAID PAYMENT ACCOUNT – an account for recording transactions, upon prior deposit of funds, for the use of payment services and execution of payment transactions.
MERCHANTS – individuals or legal entities, suppliers of goods, products, or services, accredited to accept Payment Instruments.
PAYMENT INSTRUMENT – a physical or virtual object that enables its Participants, through identification and security procedures, to carry out Payment Transactions for the acquisition of goods and services.
LEADS/strong> – Term used in Digital Marketing referring to a potential customer who has, or may have, an interest in consuming a particular product or service.
IUGU MARKETPLACE – Solution for managing automated online payment infrastructure.
BUSINESS PARTNERS – Type of Participant in the iugu Arrangement that acts as sub-acquirers.
PARTICIPANTS – includes Merchants, Business Partners, etc.
SUB-ACCOUNT – a payment account linked to a Business Partner’s prepaid payment account.
PAYMENT TRANSACTION – the use of a Payment Instrument in a purchase event, balance inquiry, withdrawal, or purchase cancellation.
PAYER USERS – individuals or legal entities that purchase or contract goods, products, or services from Merchants.
