name: Decentro Vocabulary
description: >-
  Shared vocabulary of terms used across Decentro's banking,
  payments, KYC, virtual-accounts, and ledger APIs for the Indian
  financial services ecosystem.
terms:
  - term: Virtual Account
    definition: >-
      A unique virtual bank account number tied to a customer or use
      case, used for collections, escrow, and reconciliation.
  - term: UPI
    definition: >-
      India's Unified Payments Interface for instant inter-bank
      account-to-account transfers.
  - term: UPI Autopay
    definition: >-
      A recurring-payments framework on UPI for subscription-style
      mandates.
  - term: ENACH
    definition: >-
      The Electronic National Automated Clearing House mandate used in
      India for recurring debits.
  - term: KYC
    definition: >-
      Know Your Customer - the regulatory verification of a customer's
      identity, including Aadhaar, PAN, and document checks.
  - term: DigiLocker
    definition: >-
      The Government of India's digital document wallet integrated by
      Decentro for issued-document KYC.
  - term: Aadhaar OTP
    definition: >-
      A one-time password tied to an Aadhaar holder's mobile, used for
      e-KYC.
  - term: Document Forensics
    definition: >-
      Verification of identity documents through extraction and
      authenticity checks.
  - term: Face Match
    definition: >-
      Comparison between a selfie/liveness frame and an identity
      document photo.
  - term: Ledger Account
    definition: >-
      A double-entry accounting bucket tracking debits and credits in
      Decentro's Ledger API.
  - term: Settlement
    definition: >-
      Movement of funds from a virtual or holding account to a
      destination beneficiary.