Low-Risk Merchant
A low-risk merchant is assessed as presenting comparatively limited fraud, dispute, compliance, fulfillment, and financial exposure under a defined methodology. Low-Risk Merchant…
Glossary terms starting with L
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Low-Value Confirmation Policy
A low-value confirmation policy is a merchant rule that permits smaller crypto payments to be accepted or fulfilled with fewer confirmations than…
Low-Value Payment
A low-value payment is a payment below a threshold defined by a scheme, provider, institution, or business policy. It can qualify for…
Loyalty Token
A loyalty token is a digital unit issued to reward customer activity, purchases, referrals, participation, or continued use of a product or…