Memo Attribution
Memo attribution is the process of using a blockchain transaction memo and its surrounding evidence to associate an incoming payment with a…
Glossary terms starting with M
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Memo-Based Payment Matching
Memo-based payment matching attributes an incoming transaction to a customer or invoice by reading a destination tag, memo or similar protocol-supported reference…
Mempool
A mempool is a node's collection of transactions that have been received and passed preliminary checks but have not yet been confirmed…
Mempool Admission
Mempool admission is a node's decision to accept an unconfirmed transaction after consensus, fee, conflict, resource, and local-policy checks. Admission policy can…
Mempool Auction
A mempool auction is competitive transaction ordering in which users or searchers bid fees, tips, or payments for scarce block inclusion priority.…
Mempool Detection
Mempool detection observes unconfirmed transactions in node or network mempools to identify broadcasts, conflicts, replacements, congestion, or targeted activity. Mempool monitoring sees…
Mempool Eviction
Mempool eviction removes previously accepted unconfirmed transactions when capacity, fee, conflict, expiry, dependency, or chain-state conditions no longer permit retention. Eviction removes…
Mempool Minimum Fee
The mempool minimum fee is the lowest effective fee rate a node currently accepts or retains for unconfirmed transactions under local policy.…
Mempool Ordering
Mempool ordering is the policy or market process that ranks unconfirmed transactions for relay, block construction, simulation, or execution priority. Nodes may…
Mempool Policy
Mempool policy is a node's configurable set of non-consensus rules for accepting, relaying, replacing, prioritizing, and evicting unconfirmed transactions. Rules may cover…
Mempool Risk
Mempool risk is exposure created while blockchain transactions remain publicly observable, reorderable, replaceable, delayed, censored, or unconfirmed before inclusion. For Mempool Risk,…
Mempool Synchronization
Mempool synchronization is the peer-to-peer exchange of unconfirmed transaction information so nodes can converge on useful block candidates and relay coverage. After…
Merchant
A merchant is a person or organization that offers goods or services and accepts payment from customers under a commercial and payment…
Merchant Account
A merchant account is an account or acquiring arrangement that enables a business to accept and settle payment transactions under defined provider…
Merchant Adoption
Merchant adoption is the extent to which businesses actively accept and repeatedly use a payment method, platform, or financial technology. Merchant Adoption…
Merchant API
A merchant API lets a business integrate payment creation, status retrieval, transaction history, callbacks, and related merchant operations into its own systems.…
Merchant API Integration
Merchant API integration is the connection between a shop’s application and a payment service using documented endpoints, credentials, schemas and events.
Merchant API Key
A Merchant API Key is an OxaPay credential used to authenticate authorized requests to the merchant payment API. It can be required…
Merchant Approval Rate
Merchant approval rate is the percentage of eligible payment authorization attempts for a merchant that receive an approved response under a defined…
Merchant Attribution
Merchant attribution is the process of determining which merchant, sub-merchant, store, or business account should receive credit for a crypto payment within…
Merchant Audit
A merchant audit evaluates a merchant's records, controls, transactions, products, compliance, security, and fulfillment against defined criteria and scope. Merchant Audit provides…
Merchant Automation
Merchant automation uses software rules and integrations to operate payment, order, customer, fulfillment, accounting, and support workflows with reduced manual handling. Merchant…
Merchant Callback
A merchant callback is a server-to-server message sent by a payment provider to a merchant endpoint when a transaction or payment state…
Merchant Collusion
Merchant collusion is coordinated misconduct in which a merchant or merchant insider cooperates with customers, fraudsters, affiliates, employees, or other merchants to…