Monthly Recurring Revenue (MRR)
Monthly Recurring Revenue (MRR) is a normalized measure of recurring subscription revenue expressed on a monthly basis. In subscription and revenue analysis,…
Merchants & E-commerce
Commerce, checkout, customer payments and merchant operations.
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Terms (184)
Multi-Currency Checkout
Multi-Currency Checkout is a checkout that can display or accept more than one transaction currency. In merchant checkout and e-commerce operations, it…
Multi-Currency Pricing
Multi-Currency Pricing is a pricing capability that assigns or displays product and service prices in multiple currencies. In cross-border pricing and payment…
Net Revenue Retention (NRR)
Net Revenue Retention (NRR) is a recurring-revenue metric that measures how starting-customer revenue changes after churn, contraction, expansion, and reactivation within a…
One-Click Checkout
One-Click Checkout is a checkout experience that lets a recognized customer complete a purchase with one primary confirmation action using previously stored…
One-Page Checkout
One-Page Checkout is a checkout layout that presents the main checkout steps within a single page or continuous view. In merchant checkout…
Online Merchant
An online merchant is a seller that accepts orders through internet-connected channels such as websites, apps, marketplaces, social platforms, or hosted payment…
Online Order
Online Order is an order created through a website, app, marketplace, social channel, or other connected interface. In order and fulfillment operations,…
OpenCart
OpenCart is an open-source e-commerce platform used to create and manage online stores. In e-commerce platform operations, it commonly covers catalog management,…
Order
Order is a structured commercial record representing a customer’s request or commitment to obtain specified goods, services, or access. In order and…
Order Amount
Order Amount is a defined monetary amount associated with an order at a particular stage or for a particular purpose. In order…
Order Cancellation
Order Cancellation is the process and resulting state in which an order is stopped before full completion under merchant or customer rules.…
Order Confirmation
Order Confirmation is a message or system event acknowledging that an order has been received or accepted. In order and fulfillment operations,…
Order Currency
Order Currency is the currency in which an order’s prices, totals, taxes, and commercial obligation are recorded. In order and fulfillment operations,…
Order Defect Rate
Order defect rate is the percentage of eligible orders with one or more defined problems that materially reduce correctness, delivery, or customer…
Order ID
Order ID is a system-assigned identifier that uniquely distinguishes an order within a defined scope. In order and fulfillment operations, it commonly…
Order Lifecycle
Order Lifecycle is the sequence of states and events through which an order moves from creation to completion, cancellation, return, or closure.…
Order Management
Order Management is the discipline and system capability used to control orders across sales, payment, inventory, fulfillment, service, and returns. In order…
Order Operations
Order Operations is the ongoing operational work required to keep orders accurate and moving through their lifecycle. In order and fulfillment operations,…
Order Payment
An order payment is a payment attempt or completed transfer associated with satisfying some or all of a specific order's monetary obligation.…
Order Processing
Order Processing is the set of actions that validates, accepts, prepares, and advances an order toward fulfillment or delivery. In order and…
Order Reference
Order Reference is a human-readable or external value used to locate, communicate about, or reconcile an order. In order and fulfillment operations,…
Order Status
Order Status is a controlled state indicating the current condition of an order within the merchant’s lifecycle model. In order and fulfillment…
Order Synchronization
Order Synchronization is the process of keeping order data and state consistent across commerce, payment, inventory, fulfillment, accounting, and support systems. In…