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.