Payment Paid
Payment paid is a business status indicating that the required amount has been recognized as received under the active payment policy. It…
Glossary terms starting with P
Numbers and symbols are grouped under #. Letter matching ignores case and uses the first displayed title character.
Payment Partial Outage
Payment Partial Outage describes a disruption in which a payment service remains available for some users, functions, regions, routes, assets, or transaction…
Payment Paymaster
A payment paymaster is an entity or service that funds, submits, or administers payment obligations on behalf of another party. In blockchain…
Payment Platform Architecture
Payment Platform Architecture is the structural design of the shared technology platform that exposes payment capabilities to products, merchants, developers, and internal…
Payment Policy
A payment policy is a governed set of rules defining which payments are accepted, rejected, held, routed, confirmed, refunded, settled, or escalated.…
Payment Processing
Payment processing is the operational handling of a payment instruction from intake and validation through routing, authorization or execution, status management, clearing,…
Payment Processing Architecture
Payment Processing Architecture means the technical design that validates, orchestrates, routes, executes, records, and reports payment transactions across internal services and external…
Payment Processing Batch
Payment Processing Batch describes a defined collection of payment instructions or records processed together under one batch identifier, schedule, control set, and…
Payment Processing Boundary
Payment Processing Boundary is an explicit interface where responsibility, data ownership, transactional guarantees, security controls, or payment state passes between processing components…
Payment Processing Context
Payment Processing Context means the complete set of business, technical, security, and operational information required to interpret and process a specific payment…
Payment Processing Cost
Payment processing cost is the total measurable cost of executing and supporting payment transactions. It can include processor, acquiring, network, banking, blockchain,…
Payment Processing Cutoff
Payment Processing Cutoff describes the latest defined time at which a payment instruction can enter a processing cycle, settlement window, business date,…
Payment Processing Fee
A payment processing fee is the commercial charge for handling a payment through a processor or service. It may combine fixed, percentage,…
Payment Processing Node
Payment Processing Node is a deployable or logical processing instance that performs one or more payment functions such as validation, orchestration, routing,…
Payment Processing Run
Payment Processing Run describes a controlled execution instance that processes an identified population of payment work during a defined period, deployment, or…
Payment Processing Schedule
Payment Processing Schedule is a versioned plan that determines when payment processing jobs, batches, settlement activities, or operational controls should start and…
Payment Processing Stage
Payment Processing Stage means a named state or phase in the payment processing lifecycle with a defined purpose, entry criteria, allowed actions,…
Payment Processing Step
Payment Processing Step describes an individual operation within a payment workflow, such as validating a field, checking a balance, selecting a route,…
Payment Processing Time
Payment processing time is the duration between defined processing milestones, such as receipt and provider submission or initiation and confirmed outcome. It…
Payment Processor
A payment processor is an entity or system that handles payment transaction messages and operational steps for merchants, acquirers, issuers, banks, or…
Payment Prompt
A payment prompt is a customer-facing message or interface request asking the payer to choose a method, provide information, authenticate, approve, or…
Payment Protocol
A payment protocol defines the messages, fields, states, validation rules, and interactions used to request, execute, and confirm payments. The protocol is…
Payment Provider
A payment provider is a broad term for an organization or service supplying one or more payment capabilities, such as gateway access,…
Payment Provider Outage
Payment Provider Outage is a period when an external payment provider cannot deliver one or more contracted payment functions for the affected…