Payment API Platform
A payment API platform provides a coordinated set of payment interfaces, credentials, events, developer tools, reporting, and operational controls for integrating financial…
Glossary terms starting with P
Numbers and symbols are grouped under #. Letter matching ignores case and uses the first displayed title character.
Payment App
A payment app is a software application that lets users initiate, accept, manage, or track payments. It can provide checkout, wallet, invoicing,…
Payment Application Layer
The payment application layer is the software layer that implements payment-specific business workflows above lower-level network, data-storage, and infrastructure components. The application…
Payment Asset
Payment Asset is the native coin or token that a payer is instructed to transfer for a specific crypto payment. In a…
Payment Asset Availability
Payment Asset Availability is the current ability of a payment system to accept, quote, monitor, and process a particular coin or token…
Payment Asset Selection
Payment Asset Selection is the decision process that determines which supported coin or token will be used to satisfy a payment request.…
Payment Attempt
Payment Attempt is a distinct payer action or transaction candidate intended to satisfy all or part of a payment obligation. In a…
Payment Attribution
Payment Attribution is the assignment of an observed transfer to the correct invoice, order, customer, account, or other business obligation. In a…
Payment Audit
A payment audit independently examines payment records, controls, processing, settlement, reconciliation, fees, and compliance against defined criteria and scope. Reliable results for…
Payment Audit Trail
A payment audit trail is a chronological, attributable record of payment states, actions, approvals, messages, changes, and settlement evidence. Payment Audit Trail…
Payment Authentication
Payment authentication verifies the identity, credential, device, or cryptographic authority associated with a payer before accepting a payment action. Payment authentication determines…
Payment Authorization
Payment authorization is the decision that a specific payer, account, or credential may execute a defined transaction under current rules and limits.…
Payment Automatic Failover
Payment Automatic Failover is an automated switch from an unhealthy payment component, route, provider, or site to a predefined healthy alternative. It…
Payment Awaiting Confirmation
Payment Awaiting Confirmation is an operational state indicating that a matching transaction has been detected but has not yet reached the required…
Payment Awaiting Finality
Payment Awaiting Finality is an operational state indicating that a detected and usually confirmed transaction has not yet met the organization’s finality…
Payment Awaiting Fulfillment
Payment Awaiting Fulfillment is an operational state indicating that payment acceptance conditions are satisfied but the related goods, service, access, or accounting…
Payment Awaiting Review
Payment Awaiting Review is an operational state used when automation cannot safely accept, reject, refund, or fulfill a payment without human or…
Payment Awaiting Settlement
Payment awaiting settlement is a payment status indicating that a transaction has been detected, accepted, or sufficiently confirmed for one stage of…
Payment Backfill
Payment backfill restores missing or incomplete historical payment data by importing, replaying, or recomputing events for an earlier period. It is used…
Payment Batching
Payment batching groups payment instructions or events for validation, approval, submission, clearing, settlement, export, or reconciliation as a unit. The batch improves…
Payment Before Invoice Creation
Payment Before Invoice Creation is a transfer received before the system creates or records the invoice or payment request to which the…
Payment Blocklist
A payment blocklist is a list of customers, accounts, addresses, assets, countries, devices, or other identifiers that a payment system refuses or…
Payment Bot
A payment bot is an automated conversational or messaging interface that creates, shares, checks, or manages payment requests and related actions. The…
Payment Broadcast
Payment broadcast is the transmission of a prepared payment instruction to the network or provider responsible for processing it. In blockchain payments,…