Gross Revenue Retention (GRR)
Gross Revenue Retention (GRR) is a recurring-revenue metric that measures how much starting revenue remains after customer churn and contraction, excluding expansion…
Merchants & E-commerce
Commerce, checkout, customer payments and merchant operations.
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Terms (184)
Guest Checkout
Guest Checkout is a checkout path that lets a customer place an order without creating or signing into a permanent account. In…
Hosted Checkout
Hosted Checkout is a checkout page that is rendered and operated on infrastructure controlled by a payment or commerce provider. In merchant…
International Checkout
International Checkout is a checkout designed to support customers purchasing across national borders. In merchant checkout and e-commerce operations, it commonly covers…
International Merchant
International Merchant is a merchant that sells to, serves, or accepts payment from customers in more than one country. In merchant account…
Invoice
Invoice is a commercial document or structured electronic record requesting payment for specified goods, services, fees, or usage. In accounts receivable and…
Invoice Delivery
Invoice Delivery is the process of making an invoice available to the intended customer through an agreed channel. In accounts receivable and…
Invoice Due Date
Invoice Due Date is the date by which an invoiced amount is contractually expected to be paid. In accounts receivable and invoice…
Invoice Reminder
Invoice Reminder is a communication sent before or after an invoice due date to prompt or assist payment. In accounts receivable and…
Invoice Status
Invoice Status is a controlled state describing where an invoice is in its lifecycle. In accounts receivable and invoice operations, it commonly…
Local Currency
Local Currency is the currency commonly used for pricing, payment, accounting, or settlement in a particular market. In cross-border pricing and payment…
Localized Checkout
Localized Checkout is a checkout adapted to the language, conventions, payment expectations, and market rules of a customer’s locale. In merchant checkout…
Magento
Magento is the historical name associated with Magento Open Source and the commercial commerce platform now branded as Adobe Commerce. It provides…
Marketplace Merchant
Marketplace Merchant is a seller or service provider that transacts through a marketplace platform. In merchant account and commerce operations, it commonly…
Merchant
A merchant is a person or organization that offers goods or services and accepts payment from customers under a commercial and payment…
Merchant Account
A merchant account is an account or acquiring arrangement that enables a business to accept and settle payment transactions under defined provider…
Merchant Approval Rate
Merchant approval rate is the percentage of eligible payment authorization attempts for a merchant that receive an approved response under a defined…
Merchant Configuration
Merchant Configuration is the set of settings and rules that control how a merchant account, store, or payment integration behaves. In merchant…
Merchant Conversion Rate
Merchant conversion rate is the percentage of eligible visitors, sessions, users, or initiated journeys that reach a defined completed merchant outcome. The…
Merchant Dashboard
Merchant Dashboard is a user interface that gives a merchant visibility into account activity and access to operational controls. In merchant account…
Merchant Discount Rate (MDR)
Merchant Discount Rate is the fee rate a merchant is charged for payment acceptance, commonly expressed as a percentage of transaction value…
Merchant Fee
A merchant fee is any charge imposed on a merchant for payment, commerce, settlement, conversion, platform, risk, or related services. For merchants…
Merchant Go-Live
Merchant go-live is the controlled transition from setup or testing to processing real customer activity in production. It is not completed merely…
Merchant ID (MID)
Merchant ID (MID) is an identifier assigned to a merchant account within an acquiring, payment, or commerce system. In merchant account and…