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Glossary: 117 software-led payments terms to know

Payrix

Terms related to integrated payment technology Application programming interface (API) A set of routines, protocols, and tools that are used for building software applications. A company releases its API to the public so that software developers can design products that are powered by its service. eCheck, PayPal, etc.)

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Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

Stax

mPOS systems work through smartphones, tablets, and other wireless devices to accept payments from anywhere. Wireless devices allow business owners more flexibility. Peer-to-peer digital payments Venmo, PayPal, and even Facebook Messenger are examples of peer-to-peer electronic payment solutions.

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Glossary: 117 software-led payments terms to know

Payrix

Terms related to integrated payment technology Application programming interface (API) A set of routines, protocols, and tools that are used for building software applications. A company releases its API to the public so that software developers can design products that are powered by its service. eCheck, PayPal, etc.)