Merchant Identifier
Merchant Identifier is any stable value used by a system to distinguish one merchant entity or account from another. In merchant account…
Merchants & E-commerce
Commerce, checkout, customer payments and merchant operations.
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Terms (184)
Merchant Onboarding
Merchant onboarding is the process of preparing a business to use a commerce, payment, marketplace, or financial service. It can include business…
Merchant Operations
Merchant operations are the recurring activities required to run a merchant account and convert customer orders into accurate payments, fulfillment, refunds, settlements,…
Merchant Order
A merchant order is the merchant's structured commercial record of a customer's request to purchase specified goods or services under stated terms.…
Merchant Order ID
A Merchant Order ID is the stable identifier assigned by a merchant's system to distinguish and retrieve a specific commercial order. In…
Merchant Payment Architecture
Merchant Payment Architecture is the system design that connects a merchant’s checkout, order, payment, ledger, settlement, and reporting components. In merchant account…
Merchant Payment Dashboard
Merchant Payment Dashboard is a dashboard focused on a merchant’s payment activity, performance, exceptions, and settlement visibility. In merchant account and commerce…
Merchant Portal
Merchant Portal is a secure self-service environment through which a merchant manages account information and operational workflows. In merchant account and commerce…
Merchant POS Payment
Merchant POS Payment is a payment accepted by a merchant through a point-of-sale context, typically where the customer and merchant interact in…
Merchant Production Account
Merchant Production Account is a live merchant account used for real customer transactions and operational money movement. In merchant account and commerce…
Merchant Reference
Merchant Reference is a merchant-defined value used to associate an external transaction or record with the merchant’s own business context. In merchant…
Merchant Reports
Merchant Reports is structured outputs that summarize or detail merchant activity for operational, financial, compliance, or analytical use. In merchant account and…
Merchant Reserve
A merchant reserve is merchant-related funds retained or controlled by an acquirer or payment provider as collateral against expected refunds, disputes, losses,…
Merchant Sandbox
Merchant Sandbox is a non-production environment where a merchant can test integrations and workflows without creating real customer charges or settlements. In…
Merchant Statement
A merchant statement is a periodic report showing transaction activity, fees, adjustments, reserves, refunds, disputes, settlements, and other movements associated with a…
Merchant Store
Merchant Store is the commercial storefront or selling operation associated with a merchant. In merchant account and commerce operations, it commonly covers…
Merchant Token
A merchant token is a digital value that identifies or authenticates a merchant, account, application, or session within a specific commerce or…
Merchant Website
Merchant Website is a website operated by or for a merchant to present offers, collect customer information, or facilitate sales. In merchant…
Merchant-Initiated Transaction (MIT)
Merchant-Initiated Transaction (MIT) is a later payment initiated by a merchant under a prior customer agreement rather than through the customer actively…
Merchant-Paid Fee
A merchant-paid fee is a transaction or service charge absorbed by the merchant rather than added to the amount collected from the…
Merchant-Presented QR
Merchant-Presented QR is a QR code displayed by a merchant for a customer to scan and use to initiate or complete a…
Metered Billing
Metered Billing is a billing model in which charges are calculated from measured units of customer consumption. In billing and recurring commerce,…
Micro-Merchant
Micro-Merchant is a very small merchant with limited sales volume, staff, operational capacity, or payment complexity. In merchant account and commerce operations,…
Mobile Checkout
Mobile Checkout is a checkout experience designed or optimized for customers using smartphones or other small-screen devices. In merchant checkout and e-commerce…