10 Key Terminology

Term	Description
Tokenized	The storage of tokens in place of credit card numbers. Accomplished with the Token Exchange process.
Token Exchange	The process of exchanging a credit card number for a token. This process works by replacing a cardholder's Primary Account Number (PAN)/Credit Card with a one-time unique identifier.
Oracle Payment Interface (OPI)	This provides OPERA Cloud users an interface for industry-standard payment acceptance and opens the door to an ecosystem of Payment Service Providers (PSP). Through the set of services offered by OPI, OPERA Cloud can communicate with PSPs for card processing and token exchange transactions. OPI Cloud service also exposes a Token Exchange API through Oracle Hospitality Integration Platform so that partner applications can use the API to exchange the card number with a token for a hotel property that also uses the OPI Cloud Service for card transactions.
Payment Service Providers (PSP)	PSPs process the card data and provide a token through OPI. This token represents the card data and can be used for financial transactions for the property. PSPs must be certified with Oracle for OPI functionality.