Glossary

Check the glossary with the main terms related to Split de Pagamento at Cielo:

Term	Description
Financial Schedule	Shows the daily forecast of credits and debits for each participant in the transaction, based on the payment schedule.
Fraud Analysis	Enables fraud analysis for each transaction as an additional security layer. Fraud analysis is subject to a fee per analyzed transaction.
Receivables Anticipation (ARV)	Option to advance the receipt of installment sales amounts.
3DS Authentication	Authentication model that verifies if the shopper is the cardholder.
Capture Channels	Methods through which the transaction is processed, such as POS terminal or e-commerce.
Chargeback	Dispute of a purchase made by the cardholder. The master can accept or contest the chargeback.
Reconciliation	Process of checking sales and receipts, which can be done via the client portal, API, or EDI statement.
Electronic Statement	Product that automates reconciliation by transmitting information in a standardized format.
KYC (Know Your Customer)	Detailed analysis procedure during onboarding to mitigate risks.
Master	The main business owner who contracts Split de Pagamento and manages sellers. Defines fees, registers sellers, and may participate in sales.
E-commerce Portal	Online platform to access Split operations, such as reconciliation queries, transactions, and seller management.
Seller	Partner merchant that sells products or services through the master and receives the corresponding share of the sale, paying defined fees.
Silent Order Post	Integration that allows secure transmission of payment data, storing it in Cielo’s environment.
Split de Pagamento	Cielo platform that automatically splits the amount of a financial transaction among different partners (individuals or legal entities).
Recurring Payment	Refers to payments that repeat periodically, such as subscriptions and monthly fees.
Variable Fee (%)	Also known as Merchant Discount Rate (MDR), a percentage deducted from each seller’s sale amount.
Fixed Fee (R$)	Fixed amount charged per transaction. Unlike the variable fee, it is not included in the split calculation and is debited directly.
Tokenization	Enables secure storage of credit cards according to PCI standards, helping improve e-commerce conversion rates.
Transaction	Represents a sale. In Split de Pagamento, it may involve only the master or the master and one or more sellers.
Receivables Unit (UR)	Sum of all amounts a CPF or CNPJ is entitled to receive on a given day for a payment arrangement.
VerifyCard	Tool that checks card validity and returns details such as type and card brand.