Payment Infrastructure Architecture
Payment Infrastructure Architecture is the overall structural design of the systems, services, data stores, networks, providers, controls, and operating boundaries that deliver…
Glossary terms starting with P
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Payment Infrastructure Layer
Payment Infrastructure Layer is the architectural layer that provides technical mechanisms used by payment-domain and application logic. It commonly contains provider adapters,…
Payment Initiation
Payment initiation is the creation and authorized submission of an instruction to begin a payment. It identifies the payer, payee, amount, currency…
Payment Initiation Service Provider (PISP)
A Payment Initiation Service Provider is an authorized provider that, with the payer’s explicit consent, initiates a payment order from an account…
Payment Institution
A payment institution is a legal entity authorized or licensed under a jurisdiction's payment-services framework to provide specified payment services without necessarily…
Payment Instruction
A payment instruction is the structured information telling a payer or payment system how to initiate a payment. It can include payee,…
Payment Instrument
A payment instrument is a personalized device, credential, procedure, or agreed method a payment service user employs to initiate a payment order.…
Payment Integration
Payment integration connects checkout and business systems with a payment service so financial events become reliable order, fulfillment, support, and accounting outcomes.…
Payment Integration Boundary
Payment Integration Boundary is the explicit technical and responsibility boundary between a merchant system and a payment provider, bank, processor, wallet, or…
Payment Integration Event
Payment Integration Event is a durable business or technical event exchanged across a payment integration to report that a defined fact or…
Payment Intent
A payment intent is a system record representing the business objective to collect a defined payment before one specific execution attempt succeeds.…
Payment Investigation
Payment Investigation is a structured examination of payment evidence to explain an uncertain, disputed, failed, duplicated, unmatched, or otherwise exceptional outcome. It…
Payment Journey
A payment journey is the end-to-end sequence of customer actions, interface steps, system decisions, provider handoffs, statuses, and recovery paths involved in…
Payment Latency
Payment latency is the elapsed time between two defined points in a payment process, such as request receipt and response, initiation and…
Payment Leakage
Payment leakage is payment value or revenue that should have been collected, retained, or settled but is lost or left unaccounted for…
Payment Lifecycle
The payment lifecycle is the complete progression of a payment from obligation and initiation through validation, authorization, processing, confirmation, clearing, settlement, completion,…
Payment Lifetime
Payment lifetime is the period during which a payment request, quote, address assignment, authorization, or session remains valid. It can begin at…
Payment Limit
Payment Limit is a rule that sets a minimum, maximum, or permitted range for a crypto payment based on amount, asset, customer,…
Payment Link Access Control
Payment link access control is the set of rules that determines who can open, use, reuse, modify, or complete a payment link.…
Payment Link API
A payment link API creates and manages shareable URLs that direct payers to a hosted payment page for a defined amount or…
Payment Link Branding
Payment link branding is the controlled use of merchant identity, logo, colors, domain, description, and support information on a payment-link page. It…
Payment Link Currency Lock
Payment Link Currency Lock is a control that fixes the requested pricing currency or payment denomination for a payment link so the…
Payment Link Custom Domain
Payment Link Custom Domain is a merchant-controlled domain or subdomain used to present or redirect to a hosted crypto payment link. In…
Payment Link Deep Link
Payment Link Deep Link is a URI or application link that opens a compatible wallet or payment application with payment fields prefilled.…