Deferred Net Settlement (DNS)
Deferred net settlement is an arrangement in which payment obligations accumulate during a defined period, are offset to calculate participant net positions,…
Payment Infrastructure & Operations
Payment processing, operations, routing, fees and merchant infrastructure.
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Terms (702)
Deferred Payment
A deferred payment is an obligation whose due date or collection date is intentionally set later than the purchase, delivery, or agreement.…
Delayed Payment
A delayed payment is a payment that starts, arrives, posts, confirms, or settles later than the expected or promised time. The delay…
Delivery-versus-Payment (DvP)
Delivery-versus-payment is a securities-settlement mechanism that links the transfer of securities to the corresponding transfer of funds so that delivery occurs only…
Direct Clearing Member
A direct clearing member is an institution admitted directly to a clearing arrangement and responsible under its rules for submitted transactions, collateral,…
Dispute
A dispute is a formal challenge concerning a payment, charge, transfer, refund, authorization, delivery, or related obligation. The process depends on the…
Dispute Case
A dispute case is the structured operational record used to manage one payment dispute from opening through decision and financial resolution. It…
Domain Payment
A domain payment is a payment for registering, renewing, transferring, restoring, protecting, or brokering an internet domain name. The payment should remain…
Domestic Payment
A domestic payment is a payment in which the relevant payer, payee, accounts, and processing arrangement fall within one country or domestic…
Duplicate API Request
A duplicate API request is a repeated API call that represents the same intended operation as an earlier request, whether caused by…
Duplicate Detection
Duplicate detection is the process of identifying records, events, requests, or transactions that may represent the same intended financial action. It compares…
Duplicate Event
A duplicate event is a repeated delivery or storage of the same underlying system occurrence, such as a webhook, queue message, status…
Duplicate Payment
A duplicate payment occurs when the same commercial obligation is paid more than once. It can result from repeated customer attempts, retried…
Duplicate Payout
A duplicate payout occurs when the same intended payout obligation is executed or recorded more than once, creating multiple transfers or credits…
Duplicate Prevention
Duplicate prevention is the set of controls that stops the same intended financial action from creating more than one charge, transfer, ledger…
Duplicate Processing
Duplicate processing occurs when the same intended transaction, event, file, or business action passes through a processing step more than once and…
Duplicate Refund
A duplicate refund occurs when more than one refund is issued against the same refundable amount or customer obligation without a valid…
Duplicate Request
A duplicate request is a repeated command or message that represents a previously submitted business action, regardless of whether it arrived through…
Duplicate Settlement
A duplicate settlement occurs when the same payment obligation or settlement position is transferred, credited, debited, or posted more than once. A…
Duplicate Suppression
Duplicate suppression is the control that prevents a repeated event, request, or record from producing the same downstream effect after it has…
Duplicate Transaction
A duplicate transaction is a repeated financial instruction or record that represents the same intended payment, transfer, refund, or ledger action more…
Duplicate Withdrawal
A duplicate withdrawal occurs when a single intended withdrawal is processed more than once, causing repeated transfers from a customer, merchant, treasury,…
Dust Payment
A dust payment is a very small cryptocurrency payment whose value may be lower than the practical cost of spending, crediting, or…
Electronic Payment
An electronic payment transfers payment instructions or value through digital systems rather than physical cash or a paper instrument. It includes card…