Domain Language Explorer

Payment domain

Transaction

The process of transferring funds from one party to another.

Invoice

A document issued by a seller to a buyer, listing goods or services provided and the amount due.

Payment Method

The means by which a payment is made, such as credit card or bank transfer.

Receipt

A document acknowledging that a payment has been made.

Refund

The process of returning funds to a customer for a returned product or service.

Currency

The system of money in general use in a particular country.

Payment Gateway

A service that authorizes and processes payments for online and offline transactions.

Chargeback

A demand by a credit card provider for a retailer to make good the loss on a fraudulent or disputed transaction.