Lemonway-specific terms

Dashboard (Backoffice)

A partner interface for all operations and portfolio management.

Environment name

Corresponds to the name of the partner used for transactions and access to his Backoffice. It has to be in lowercase, with the first letter uppercase.

MID

Merchant ID, a numerical identifier of a business, is assigned by a payment service provider. It allows the business to process credit and debit card transactions.

Onboarding

A training process used by a business to introduce a new customer to the organization’sinternal processes. It helps newcomers learn about the company’s culture, structure, and mission.

P2P transfer

A transfer between two payment accounts in the Lemonway environment.

Payment Account/Wallet

Associated with traders or investors and beneficiaries. A payment account must be identified using KYC.

Production

An environment where the partners can manage their funds. It only becomes accessible for the partner if he is properly regulated (declared agent or intermediary in banking operations and payment services) and has completed all his tests.

Sandbox (Also known as Development or Test environment)

A platform that simulates your production environment, created for developing and testing new features.

SC Wallet/Account

A payment account of the company (partner) in its environment.

Technical Account/Wallet

Only applicable for platforms Marketplace (MKP) and Equity Capital Market (ECM)

An account where the money is held. Transitional wallet, that collects all payments from the payer and temporarily holds the funds before transferring them to the Payment Account.

Wallet (Online wallet)

An account in the Lemonway environment where the money is stored.