Failed Payment
A failed payment is a payment that did not complete under the applicable authorization, processing, confirmation, or settlement rules.
Glossary terms starting with F
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Failed Payment Recovery
Failed payment recovery is the process of resolving an unsuccessful payment and collecting the amount still owed. It can use customer communication,…
Failed Transaction
A failed transaction is a payment or transfer attempt that reaches an unsuccessful terminal or recoverable state before producing its intended financial…
Failover Payment Routing
Failover payment routing redirects new or safely retryable payment traffic from a failed or severely degraded primary route to a preapproved secondary…
Failure Recovery
Failure recovery is the controlled restoration of a process or system after an error, interruption, or incomplete operation prevents the intended outcome.…
Fake Crypto Payment Proof
Fake Crypto Payment Proof is fabricated, altered, replayed, or misleading evidence presented to claim that a crypto payment occurred or became confirmed.…
Fake Transaction Hash
Fake Transaction Hash is a fabricated, altered, or misleading transaction identifier presented as proof that a blockchain payment has been sent or…
Fallback Payment Routing
Fallback payment routing selects an alternative provider or rail when the preferred route cannot process a particular transaction under normal routing rules.…
Fan Token
A fan token is a digital token used to provide supporters of a sports team, artist, entertainer, or community with participation, rewards,…
Faster Payment Processing
Faster payment processing refers to payment operations designed to reduce the time between initiation and the availability of a confirmed processing outcome,…
FATF Travel Rule
The FATF Travel Rule requires specified originator and beneficiary information to accompany qualifying transfers handled by regulated financial or virtual-asset providers. The…
Fault Proof
A fault proof demonstrates that a claimed rollup state transition is invalid, allowing the settlement system to reject or correct the disputed…
Fault Recovery
Fault recovery is the technical process of detecting, isolating, and restoring correct operation after a component behaves incorrectly or becomes unavailable. The…
Federated Consensus
Federated consensus reaches agreement among recognized or locally trusted participants rather than allowing every anonymous node equal influence over ledger decisions. The…
Fee Estimation
Fee Estimation is the process of predicting the network or service fee required for a transaction before it is submitted. It is…
Fee Pressure
Fee pressure is the upward competitive force on transaction fees when demand for limited block or execution capacity exceeds the space available.…
Fee Rate
A fee rate prices a unit of blockchain transaction resource, such as satoshis per virtual byte on Bitcoin, and helps estimate the…
Fee Reserve
A fee reserve is a deliberately maintained balance of network-native or other required assets used to pay transaction and operational fees. Fee…
Fee Share Token
A fee share token is a token that gives holders a right, expectation, or mechanism to receive part of fees generated by…
Fee-Free Payment
A fee-free payment is a payment for which a specified party is not charged a stated payment fee. The term does not…
Fee-on-Transfer Token
A fee-on-transfer token deducts a fee, tax, burn, reflection, or redistribution amount whenever tokens move between addresses. The recipient receives less than…
Fee-to-Ledger Reconciliation
Fee-to-ledger reconciliation confirms that processing, network, conversion, acquiring, payout, refund, and other payment fees are correctly represented in accounting or subledger entries.…
Fiat Settlement
Fiat settlement completes an obligation using government-issued currency credited through bank accounts, payment accounts, cash arrangements, or central-bank settlement systems.
Fiat-Backed Stablecoin
A fiat-backed stablecoin is a digital token intended to track a fiat currency and supported by reserves denominated in that currency or…