Order Total
Order Total is the final or current calculated amount associated with an order after applying defined price components. In order and fulfillment…
Merchants & E-commerce
Commerce, checkout, customer payments and merchant operations.
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Terms (184)
Platform Merchant
Platform Merchant is a merchant that receives commerce or payment capabilities through a software platform serving multiple businesses. In merchant account and…
Postpaid Billing
Postpaid Billing is a billing arrangement in which the customer is charged after receiving service or accumulating usage during a period. In…
Prepaid Billing
Prepaid Billing is a billing arrangement in which the customer pays before consuming the relevant service, entitlement, or usage. In billing and…
Presentment Currency
Presentment currency is the currency in which a price or payment amount is shown to and charged to the customer. It can…
Recurring Billing
Recurring Billing is the repeated calculation and collection of charges according to an ongoing agreement or schedule. In billing and recurring commerce,…
Recurring Revenue
Recurring Revenue is revenue expected to repeat from continuing customer contracts, subscriptions, or service relationships. In subscription and revenue analysis, it commonly…
Redirect Checkout
Redirect Checkout is a checkout flow that sends the customer from the merchant site or app to another page or application to…
Revenue Churn
Revenue Churn is the recurring revenue lost from an existing customer base because of cancellations, downgrades, or other contraction. In subscription and…
Revenue Model
Revenue Model is the structured way a business earns money from customers, transactions, assets, or participation. In subscription and revenue analysis, it…
Revenue Operations
Revenue Operations is the coordinated processes, data, and systems used to manage the path from commercial opportunity to collected and retained revenue.…
SaaS Billing
SaaS Billing is billing designed for software-as-a-service products and recurring digital access. In billing and recurring commerce, it commonly covers plans, seats,…
Sales Tax
Sales Tax is a consumption tax generally imposed on taxable retail sales and collected by the seller under applicable jurisdictional rules. In…
Seat-Based Billing
Seat-Based Billing is a pricing and billing model that charges according to the number of licensed, assigned, or active user seats. In…
Shopify
Shopify is a hosted commerce platform for building storefronts, managing products and orders, accepting payments, and connecting applications, sales channels, fulfillment, and…
Small Merchant
Small Merchant is a merchant with relatively limited revenue, transaction volume, staffing, or operational complexity. In merchant account and commerce operations, it…
Social Commerce Merchant
Social Commerce Merchant is a merchant that discovers, engages, or sells to customers primarily through social networks, messaging apps, creator platforms, or…
Subscription
A subscription is an agreement that gives a customer continuing or repeated access to a product, service, or entitlement under defined terms.…
Subscription Billing
Subscription billing is the recurring financial process that calculates, invoices, collects, adjusts, and reports charges arising from active subscription agreements. In practice,…
Subscription Cancellation
Subscription Cancellation is the action or process that ends a subscription immediately or at a defined future boundary. In subscription commerce and…
Subscription Churn
Subscription Churn is the loss of active subscriptions or subscribing customers during a defined period. In subscription commerce and customer lifecycle management,…
Subscription Cycle
Subscription Cycle is the repeating operational sequence through which a subscription progresses during ongoing service. In subscription commerce and customer lifecycle management,…
Subscription Dunning
Subscription dunning is the structured process used to recover a failed or overdue recurring payment while managing customer communication and access consequences.…
Subscription Merchant
Subscription Merchant is a merchant whose business includes selling products, services, or access through recurring subscription relationships. In subscription commerce and customer…