Insights on Crypto Payments, Infrastructure, and Operations

Glossary terms starting with P

Numbers and symbols are grouped under #. Letter matching ignores case and uses the first displayed title character.

Peer-to-Peer Payment

A peer-to-peer payment is a transfer of value from one person or account directly to another through a payment network or application.…

Pending Nonce

A pending nonce is the next account transaction sequence value calculated using both confirmed blockchain state and transactions currently known to a…

Pending Payment

A pending payment is a payment that has been created or observed but has not reached a terminal business outcome. It may…

Performance-Based Payment Routing

Performance-Based Payment Routing is route selection that uses measured processing performance such as approval rate, latency, uptime, or cost-adjusted success to rank…

Perimeter Security

Perimeter Security is a security mechanism or control discipline that protects a defined boundary between trusted resources and external or less-trusted networks…

Permanent Deposit Address

A permanent deposit address is a long-lived blockchain address assigned to an account or customer for repeated deposits without generating a new…

Permissioned Stablecoin

A permissioned stablecoin is a stablecoin whose issuance, holding, transfer, redemption, or smart-contract interaction is restricted to approved participants or addresses. Permissions…

Permissioned Token

A permissioned token restricts minting, holding, transfer, redemption, or use to approved participants, addresses, jurisdictions, or application roles. The contract can consult…

Permit Phishing

Permit phishing deceives a wallet user into signing an off-chain token approval or permit message that authorizes an attacker or malicious contract…

Personal Wallet

A personal wallet is a wallet used by an individual to manage their own digital assets, payments, credentials, or application interactions. The…

Personnel Security

Personnel Security is a security mechanism or control discipline that manages risks involving employees, contractors, and trusted workers throughout screening, onboarding, access,…

Phishing

Phishing is a social-engineering attack that impersonates a trusted person, brand, service, or workflow to induce disclosure of information, malware execution, funds…

Phishing Simulation

A phishing simulation is an authorized exercise that sends realistic but controlled phishing messages or scenarios to measure and improve how people…

PHP Payment SDK

A PHP payment SDK provides PHP classes and methods for creating, tracking, and managing payment-provider operations within server-side applications. PHP Payment SDK…

Phygital NFT

Phygital NFT is an NFT designed to connect a digital token with a physical product, collectible, document, location, service, or real-world experience.…

Physical Backup

A physical backup is a tangible copy of wallet recovery information stored on paper, metal, removable media, hardware, or another offline object.…

Physical Goods Crypto Payment

Physical Goods Crypto Payment is a crypto payment made in exchange for tangible products that require inventory, shipping, delivery, or pickup fulfillment.…

Physical Security

Physical Security is a security mechanism or control discipline that protects people, facilities, devices, media, infrastructure, and assets from unauthorized access, theft,…

Physical Settlement

Physical Settlement is the completion of a contract or trade through delivery of the underlying asset, security, commodity, or instrument rather than…

PIN Encryption

PIN encryption protects a personal identification number by transforming it into an approved encrypted form, usually within a secure payment device and…

Platform Integration

Platform Integration connects a software platform to an external payment, wallet, identity, commerce, or infrastructure provider through APIs, events, SDKs, plugins, or…

Platform Merchant

Platform Merchant is a merchant that receives commerce or payment capabilities through a software platform serving multiple businesses. In merchant account and…

Platform Risk

Platform risk is exposure created by dependence on a shared technology, marketplace, operating system, cloud, protocol, or service ecosystem. Platform Risk must…

Point-of-Sale Crypto Payment

A point-of-sale crypto payment is a cryptocurrency or stablecoin transaction made for an in-person sale through a POS system. The POS generates…