Glossary Terms Starting with I

Invoice Payment Address

An invoice payment address is the destination presented to a customer for an invoice's cryptocurrency transfer. The system must interpret it together…

Invoice Payment Asset

Invoice payment asset is the cryptocurrency or token that the payer is expected or allowed to transfer to satisfy an invoice. It…

Invoice Payment Attempt

An invoice payment attempt is one identifiable effort by a payer or payment client to satisfy an invoice, whether the attempt succeeds,…

Invoice Payment Memo

An invoice payment memo is additional reference information associated with a payment, sometimes carried in transaction metadata or entered for the beneficiary.

Invoice Payment Network

Invoice payment network is the blockchain or ledger network on which the payer must transfer the invoice payment asset. The network determines…

Invoice Payment Request

An invoice payment request is the structured set of data and instructions that tells a payer how to satisfy an invoice. In…

Invoice Payment Session

An invoice payment session is the technical state associated with a customer's attempt to pay a particular invoice, including selected asset, network,…

Invoice Payment Window

An invoice payment window is the interval during which a crypto invoice expects a payment according to its quote, destination and payment-detection…

Invoice Price Lock

Invoice price lock is a guarantee that the commercial price of an invoice remains fixed for a defined period or under defined…

Invoice Rate Lock

Invoice rate lock is the temporary fixing of an exchange rate used to convert an invoice amount into a different payment or…

Invoice Received Amount

Invoice Received Amount is the amount of the payment asset that the system has actually detected as received for the invoice.

Invoice Reconciliation

Invoice reconciliation matches invoices and expected amounts with payment transactions, credits, refunds, fees, settlements, and accounting entries.

Invoice Redirect

Invoice redirect is the navigation of a payer between a merchant site, hosted invoice, payment provider, wallet, authentication page, or post-payment destination.…

Invoice Refund

An invoice refund returns value associated with a payment applied to a specific invoice. It should preserve the original invoice, payment, refunded…

Invoice Refunded Amount

Invoice Refunded Amount is the cumulative amount that has been returned to the payer or another approved refund destination for a paid…

Invoice Remaining Amount

Invoice Remaining Amount is the unpaid portion of an invoice after valid received amounts and applicable credits have been subtracted from the…

Invoice Reminder

Invoice Reminder is a communication sent before or after an invoice due date to prompt or assist payment.

Invoice Repricing

Invoice repricing is the controlled recalculation of an invoice amount or payable asset after a price, exchange rate, tax, discount, usage, or…

Invoice Request

An invoice request is the structured client message that asks a billing or payment service to create an invoice with specified terms.…

Invoice Requested Amount

Invoice Requested Amount is the amount the merchant asks the payer to satisfy under the invoice before considering received payments. The requested…

Invoice Return URL

Invoice return URL is the merchant-controlled web address to which a payer can be sent after leaving or completing a hosted invoice…

Invoice Session ID

An invoice session ID identifies one checkout or payment interaction, helping an application distinguish repeated visits and attempts for the same order.…

Invoice Settlement

Invoice settlement is the completion of the financial obligation represented by an invoice.

Invoice Settlement Amount

Invoice Settlement Amount is the amount credited or transferred to the merchant as the result of settling an invoice payment.