Glossary

Term Meaning
Aggregator Reseller of services for Payers or Parent of 1-n child Payers.
Auto-payment A payment sent to a recipient that is automatically transacted based on the recipient's default payment settings.
Payer Organization or source of payments, funds.
Recipient Receiver of payments, funds.
Payment Money sent to a Recipient for the Recipient to accept.
Transaction Money sent to a Recipient for immediate disbursement, sometimes referred to as a Payout or Funding transaction.
Transaction Method Method in which a payment is transacted either in a Payout or Funding Transaction request.
Widget UI Website interface for accepting a payment or adding a payment account that is generated via API call for the purpose of the caller to frame-in or display as a modal to the Recipient.
Reference ID An identifier provided by the Aggregator or Payer for an entity created on the platform.