Payment Fault Tolerance
Payment fault tolerance is a system's ability to continue safe payment operations when components, networks, providers, or data paths fail. It combines…
Glossary terms starting with P
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Payment Fee
A payment fee is a charge associated with accepting, sending, processing, converting, confirming, settling, refunding, or paying out a payment. It can…
Payment File
A payment file is a structured collection of payment instructions or reports exchanged between a business, bank, provider, processor, or payment system.…
Payment Finality
Payment finality is the point at which a crypto payment is considered sufficiently settled that the system no longer expects an ordinary…
Payment Finality Policy
Payment Finality Policy is a documented rule that defines when a crypto payment is sufficiently irreversible for specified business actions and risk…
Payment Finality Threshold
A payment finality threshold is the specific confirmation, checkpoint, time, or risk condition required before a payment is treated as settled. The…
Payment Flow
A payment flow is the ordered path a payment follows from obligation and customer interaction through authorization, processing, confirmation, settlement, and accounting.…
Payment for Order Flow
Payment for Order Flow is compensation a broker receives from a trading venue, market maker, or wholesaler for routing customer orders to…
Payment Form
A payment form is the interface used to collect the information required to initiate a payment. It can capture an amount, currency,…
Payment Friction
Payment friction is any effort, delay, confusion, failure, or perceived risk that makes a payment harder to start or complete. It can…
Payment Full Outage
Payment Full Outage is a condition in which a defined payment service or critical payment capability is completely unavailable to its intended…
Payment Funnel
A payment funnel is the sequence of measurable stages users or payment attempts pass through from checkout entry to successful completion. It…
Payment Gateway
A payment gateway is the technical service that securely receives payment details or instructions from a merchant channel and passes them to…
Payment High Availability
Payment High Availability is the architectural and operational capability to keep a payment service usable despite component failures, maintenance, and localized disruption.…
Payment History API
A payment history API returns a searchable collection of past payment records for reporting, support, reconciliation, analytics, and operational investigation. Production use…
Payment History Endpoint
A payment history endpoint is a specific API route that lists past payment records using documented authentication, filters, ordering, and pagination. Payment…
Payment Hub
A payment hub is a central orchestration layer that connects multiple channels, business systems, payment methods, processors, banks, networks, and ledgers. It…
Payment ID
A payment ID is a unique identifier assigned to a payment record within a defined system. It lets applications retrieve the payment,…
Payment Idempotency
Payment Idempotency is a distributed-system reliability property that ensures repeated submission of the same logical payment intent does not create additional charges,…
Payment Identifier
A payment identifier is any structured value used to distinguish or locate a payment across a system or exchange. It can be…
Payment Incident
A payment incident is an event that disrupts, compromises, misroutes, duplicates, delays, or incorrectly processes payment or settlement activity. Payment Incident must…
Payment Incident Management
Payment Incident Management is the structured process for detecting, containing, communicating, resolving, and learning from events that disrupt payment confidentiality, integrity, availability,…
Payment Information API
Payment Information API is an API interface concept that retrieves the current details and lifecycle state of a specific payment using a…
Payment Information Endpoint
A payment information endpoint is a specific API route that returns detailed data for one payment identified by a path, query, or…