An installment module- an online system that allows to easily embed functionality of installment loan in any kind of Online Shop.
Online Shop – A webpage or an application, which allows a customer to purchase an item or a service via the internet.
Merchant – A retail trade or service company that possesses an Online Shop.
Callback – A request performed by the Bank System to a service published by an Online Shop to provide updated information regarding the installment loan.
A System Credentials - A client_id and the secret_key provided to a Company once it has been successfully registered in the Bank system as a merchant and has filled in all necessary data.