On-Chain
On-chain describes data, transactions, logic, or state recorded and processed under a blockchain's consensus and publicly verifiable ledger rules. Recording data on-chain…
Glossary terms starting with O
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On-Chain Governance
On-chain governance is a mechanism in which governance proposals, votes, or execution steps are recorded and processed by blockchain logic. Token holders,…
On-Chain Liquidity
On-Chain Liquidity is liquidity directly available through blockchain transactions and smart contracts, such as assets in automated market maker pools, lending protocols,…
On-Chain Payment
An on-chain payment transfers value through a transaction recorded and validated directly by a blockchain rather than an internal or channel ledger.…
On-Chain Settlement
On-chain settlement is the completion of an obligation through a transaction recorded on a blockchain and accepted under that network’s confirmation or…
On-Chain Transaction
An on-chain transaction is an authorized instruction submitted to a blockchain, validated by network rules, and recorded in the chain’s accepted history.…
On-Demand Crypto Settlement
On-demand crypto settlement is a model in which an eligible merchant or account holder initiates settlement when needed instead of waiting for…
One-Click Checkout
One-Click Checkout is a checkout experience that lets a recognized customer complete a purchase with one primary confirmation action using previously stored…
One-Click Crypto Payment
A one-click crypto payment is a simplified wallet payment flow that reduces manual address copying, network selection, and repeated confirmation steps. The…
One-Confirmation Acceptance
One-confirmation acceptance is a policy that accepts a payment after its transaction appears in one accepted block and passes all payment-validity checks.…
One-Confirmation Payment
A one-confirmation payment is a blockchain payment that a merchant accepts after the transaction is included in one canonical block under the…
One-Page Checkout
One-Page Checkout is a checkout layout that presents the main checkout steps within a single page or continuous view. In merchant checkout…
One-Time Address
One-Time Address is a receiving address intended to be issued for one payment, customer interaction, transaction, or limited purpose. It improves attribution…
One-Time Crypto Payment
One-Time Crypto Payment is a cryptocurrency payment created for a single commercial obligation and not intended to authorize later charges or reuse…
One-Time Payment
A one-time payment is authorized for a single purchase, invoice, donation, deposit, or obligation rather than a recurring series. The credential, link,…
One-Time Payment Address
One-Time Payment Address is a blockchain receiving address assigned to one payment request, customer action, or order and retired from active use…
Online Crypto Payment
An online crypto payment is a cryptocurrency or stablecoin transaction used to pay through a website, application, marketplace, digital invoice, or remote…
Online Merchant
An online merchant is a seller that accepts orders through internet-connected channels such as websites, apps, marketplaces, social platforms, or hosted payment…
Online Order
Online Order is an order created through a website, app, marketplace, social channel, or other connected interface. In order and fulfillment operations,…
Online Payment
An online payment is initiated through an internet-connected website, application, marketplace, message, or digital service. It can use cards, bank transfers, wallets,…
Online Store Payment
An online store payment is a payment initiated for an order through a merchant's website, application, hosted checkout, or marketplace storefront. The…
Online Wallet
An online wallet is a wallet accessible through an internet-connected application or service for viewing balances and initiating or authorizing transactions. For…
Open Banking Payment
An open banking payment is an account-to-account payment initiated through regulated access to a customer’s bank account using open banking interfaces and…
Open Banking Payment Processing
Open banking payment processing is the end-to-end technical and operational workflow used to initiate, authenticate, track, and reconcile open banking account-to-account payments.…