Glossary Terms Starting with M

Multi-Currency Crypto Payment

A multi-currency crypto payment is a payment experience that supports more than one pricing currency, payment asset, or settlement currency within a…

Multi-Currency Pricing

Multi-Currency Pricing is a pricing capability that assigns or displays product and service prices in multiple currencies. In cross-border pricing and payment…

Multi-Currency Settlement

Multi-currency settlement allows obligations or merchant proceeds to be settled in more than one supported currency. A provider can preserve received currencies,…

Multi-Currency Wallet

A multi-currency wallet manages balances denominated in multiple currencies or cryptoassets and may support exchange or payment between them. The operating model…

Multi-Entity Treasury

Multi-entity treasury is the governance of liquidity, accounts, assets, and obligations across several legally distinct companies or organizational entities. For Multi-Entity Treasury,…

Multi-Factor Authentication (MFA)

Multi-Factor Authentication (MFA) is a security mechanism or control discipline that requires evidence from at least two independent factor categories before granting…

Multi-Factor Crypto Payment Matching

Multi-factor crypto payment matching is the attribution of a transfer by evaluating several independent signals together rather than relying on only an…

Multi-Input Transaction

A multi-input transaction is a blockchain transaction that consumes value or authorization from more than one input source. In UTXO systems, it…

Multi-Network Crypto Payment

A multi-network crypto payment is a payment offering that allows a payer to use one of several blockchain networks, often for the…

Multi-Network Payment

A multi-network payment workflow accepts or delivers value across several blockchain networks while coordinating routing, asset identity, conversion, fees, and settlement. Each…

Multi-Output Transaction

A multi-output transaction is a blockchain transaction that creates value or state assignments for more than one destination. In UTXO systems, one…

Multi-Party Settlement

Multi-party settlement completes related obligations among three or more participants, such as a buyer, seller, marketplace, service provider, tax authority, or lender.…

Multi-Rollup

A multi-rollup environment contains several rollups that share, coordinate, or connect execution while retaining distinct state, sequencing, and settlement domains. Transactions between…

Multi-Round Fraud Proof

Multi-Round Fraud Proof is a fraud or abuse pattern that resolves a disputed computation through successive challenge messages that isolate an invalid…

Multi-Signature Approval

Multi-signature approval is an authorization rule requiring a defined threshold of independent cryptographic signatures before an action can be validly executed. Operational…

Multi-Token Standard

A multi-token standard allows one smart contract or native asset framework to manage several token types, including fungible, non-fungible, or semi-fungible units.…

Multi-Transaction Payment

A multi-transaction payment is an invoice payment satisfied by two or more blockchain transactions rather than one transfer. It can occur when…

Multi-User Wallet

A multi-user wallet allows several people or system identities to access wallet functions under distinct roles, permissions, and approval rules. The operating…

Multi-Vault Architecture

Multi-Vault Architecture is a custody design that separates assets, keys, users, or workflows across multiple vaults based on security tier, legal entity,…

Multilateral Clearing

Multilateral clearing validates, matches, and calculates obligations across more than two participants in a clearing arrangement. It can determine each participant's gross…

Multilateral Net Settlement

Multilateral net settlement discharges the net debit or credit position of each participant after offsetting eligible obligations across all participants in the…

Multilateral Payment Netting

Multilateral payment netting offsets obligations among three or more participants so that each participant settles a single net debit or receives a…

Multiple Crypto Refund

A multiple crypto refund occurs when more than one cryptocurrency refund transaction is issued against the same original payment or commercial obligation.…

Multisig Address

Multisig Address is a blockchain address or output condition that requires a defined threshold of multiple keys to authorize spending. It is…