Glossary Terms Starting with S

Step-Up Authentication

Step-Up Authentication is an authentication process that requires stronger or additional proof when a user attempts a higher-risk action or when contextual…

Stolen-Funds Payment

A stolen-funds payment is a cryptocurrency payment that contains assets reasonably linked to theft, account compromise, fraud, ransomware, an exploit, or another…

Stop-Limit Order

Stop-Limit Order is an order that becomes a limit order when a specified stop price is reached or triggered. The stop controls…

Stored Credential

A stored credential is payment or authentication information retained for authorized future use instead of being entered again for each transaction. Stored…

Storefront API

Storefront API is an API interface concept that exposes customer-facing commerce data and actions for building web, mobile, headless, or custom shopping…

Strategic Treasury

Strategic treasury aligns long-term capital, liquidity, custody, funding, risk, and asset allocation with an organization's business or protocol objectives. The operating record…

Streaming Crypto Payment

A streaming crypto payment releases cryptocurrency or tokens to a recipient continuously or in very small increments over time, usually through a…

Streaming Payment

A streaming payment releases or accrues value continuously or in very small time-based increments instead of paying one fixed amount at a…

Strong Customer Authentication (SCA)

Strong Customer Authentication is a regulatory and security requirement that generally uses at least two independent authentication elements for specified electronic payments…

Stuck Transaction

A stuck transaction is a valid-looking transaction that remains pending longer than the expected inclusion or processing window. Typical causes include an…

Sub-Custodian

Sub-Custodian is a third party appointed by a primary custodian to hold or safeguard some assets, keys, accounts, or records within the…

Sub-Custody

Sub-custody is the delegation of some asset-safekeeping or settlement functions from a primary custodian or intermediary to another custody provider. Operations for…

Sub-Wallet

A sub-wallet is a wallet-level partition created beneath a parent wallet or account for a specific user, asset, entity, or purpose. The…

Subaccount

Subaccount is a separately identified account maintained under a parent account for a customer, merchant, strategy, legal entity, asset, or operational purpose.…

Subscription

A subscription is an agreement that gives a customer continuing or repeated access to a product, service, or entitlement under defined terms.…

Subscription Billing

Subscription billing is the recurring financial process that calculates, invoices, collects, adjusts, and reports charges arising from active subscription agreements. In practice,…

Subscription Cancellation

Subscription Cancellation is the action or process that ends a subscription immediately or at a defined future boundary. In subscription commerce and…

Subscription Churn

Subscription Churn is the loss of active subscriptions or subscribing customers during a defined period. In subscription commerce and customer lifecycle management,…

Subscription Cycle

Subscription Cycle is the repeating operational sequence through which a subscription progresses during ongoing service. In subscription commerce and customer lifecycle management,…

Subscription Dunning

Subscription dunning is the structured process used to recover a failed or overdue recurring payment while managing customer communication and access consequences.…

Subscription Invoice

A subscription invoice is the bill for one period or charge event under an active subscription agreement. It records the plan, service…

Subscription Merchant

Subscription Merchant is a merchant whose business includes selling products, services, or access through recurring subscription relationships. In subscription commerce and customer…

Subscription Operations

Subscription Operations is the operational function responsible for keeping subscriptions, billing, payments, and entitlements accurate throughout their lifecycle. In subscription commerce and…

Subscription Order

Subscription Order is an order that creates, renews, changes, or otherwise represents a subscription-related commercial commitment. In subscription commerce and customer lifecycle…