API (Application Programming Interface)
A set of protocol definitions and software tools enabling communication between distinct software programs. BDGate provides a RESTful API to let developers connect customer billing panels to MFS payment networks.
bKash Merchant Wallet
A business MFS account issued by bKash Limited. It allows registered entities to accept commercial payments. Transactions are authorized via official commercial API credentials or monitored using automated payment notification webhooks.
Chargeback
A formal payment dispute filed by a buyer directly with their issuing bank or MFS provider. The transaction value is temporarily frozen or reversed if the merchant fails to provide valid proof of service/product delivery.
EMVCo Bangla QR
The standardized, unified QR code format launched by Bangladesh Bank. It consolidates multiple mobile wallet checkouts (bKash, Nagad, bank applications) into a single scan code following EMV specifications.
MFS (Mobile Financial Services)
Regulated banking frameworks in Bangladesh enabling users to deposit, withdraw, transfer, and pay bills using basic mobile devices. Key providers include bKash, Nagad, Rocket, and Upay.
PCI-DSS (Payment Card Industry Data Security Standard)
The global information security standard governing the storage, transmission, and processing of credit/debit card details. BDGate delegates card acquiring to Stripe/PayPal to ensure complete PCI compliance scoping.
Settlement Cycle (T+1 / T+2)
The delay timeline required for funds collected via payment gateways to be transferred to the merchant's commercial bank account. "T+1" indicates the settlement transfer occurs one business day after transaction clearance.
Webhook Callback
An automated HTTP POST event triggered from a source server to a listener URL when a predefined status change occurs. BDGate issues signed webhook requests to your website immediately after a customer settles an invoice.