Glossary Terms Starting with P

Point-of-Sale Payment

A point-of-sale payment is a payment completed at a physical or attended sales interaction using cash, card, wallet, bank, crypto, or another…

Point-to-Point Encryption (P2PE)

Point-to-Point Encryption (P2PE) is a security mechanism or control discipline that protects payment data from the point of capture until controlled decryption…

Policy-Based Access Control (PBAC)

Policy-based access control makes authorization decisions by evaluating centrally defined policies against attributes and context such as user role, resource, action, device,…

Policy-Based Signing

Policy-based signing allows a cryptographic signature only when a transaction or request satisfies predefined authorization, risk, and operational rules. Secure use of…

Policy-Based Treasury

Policy-based treasury manages asset holding and movement through explicit rules for liquidity, risk, authorization, counterparties, destinations, and operational limits. The operating record…

Polkadot (DOT)

DOT is the native staking, governance, and economic asset of Polkadot, a multi-chain network built around a relay chain and connected parachain…

Polygon (POL)

POL is the current native gas and staking token of the Polygon Proof-of-Stake ecosystem, succeeding MATIC through an official one-to-one upgrade. On…

Polygon Bridge

Polygon Bridge refers to bridge mechanisms and interfaces used to transfer supported assets or messages between Ethereum and Polygon networks. PoS and…

Polygon Network

Polygon Network is an umbrella term for Polygon's blockchain ecosystem, often used specifically for the Polygon PoS execution network. The term is…

Pool Share Token

A pool share token represents a proportional claim on assets, debt, fees, or strategy value held in a liquidity pool, vault, lending…

Pooled Account

Pooled Account is an account that combines assets or activity belonging to multiple customers, strategies, merchants, or internal units while tracking entitlements…

Pooled Wallet

A pooled wallet holds or controls assets for multiple users, accounts, or purposes while individual entitlements are recorded in an internal ledger.…

Portal Bridge

Portal Bridge is a Wormhole-based interface for transferring supported assets across blockchains through configured wrapped-token and other transfer routes. The interface may…

Portfolio Risk

Portfolio risk is the combined uncertainty and potential loss across a collection of positions, considering concentration, correlation, liquidity, and interaction. Portfolio Risk…

POS Invoice

A POS invoice is an invoice or payment request created from a point-of-sale transaction and linked to a physical-store basket or service…

Position NFT

Position NFT is an NFT that represents a unique on-chain financial or protocol position whose parameters can differ from other positions, such…

Position Reconciliation

Position Reconciliation is the comparison of quantities, cost bases, exposures, and ownership positions across internal books, counterparties, custodians, exchanges, or blockchains. It…

Post-Incident Review

A post-incident review is a structured examination performed after stabilization to understand what happened, why controls and decisions behaved as they did,…

Postpaid Billing

Postpaid Billing is a billing arrangement in which the customer is charged after receiving service or accumulating usage during a period. In…

Preconfirmation

A preconfirmation is an early commitment or signal that a transaction is expected to be included or ordered before normal block confirmation…

Prefunding

Prefunding is the placement of assets into an account, wallet, network, or counterparty before payments, withdrawals, trades, or settlements are initiated. It…

Prepaid Billing

Prepaid Billing is a billing arrangement in which the customer pays before consuming the relevant service, entitlement, or usage. In billing and…

Presentment Currency

Presentment currency is the currency in which a price or payment amount is shown to and charged to the customer. It can…

PrestaShop Crypto Payment Plugin

PrestaShop Crypto Payment Plugin is a developer integration component that adds cryptocurrency checkout and payment-status synchronization to a store running on the…