PayerJune 16, 2025

Meaning The payer is the individual or entity who initiates a payment to another person or merchant. The…

PayeeJune 16, 2025

Definition The payee is the individual or merchant who receives money in a transaction. The payee’s account is…

Payment Gateway IntegrationJune 16, 2025

Meaning Payment gateway integration is the process of connecting a website or mobile app with a digital payment…

Payment ReversalJune 16, 2025

Definition A payment reversal happens when money sent in a transaction is returned to the payer’s account. It…

P2M PaymentJune 16, 2025

Meaning P2M payment stands for Peer-to-Merchant payment, which involves transferring money digitally from a customer to a business…

Pending UPI TransactionJune 16, 2025

Definition A pending UPI transaction means the payment request has been initiated but not completed due to technical…

P2P PaymentJune 16, 2025

Definition P2P payment stands for Peer-to-Peer payment, which means transferring money directly between individuals using digital platforms like…

One-Time MandateJune 16, 2025

Definition A one-time mandate is a pre-approved instruction that allows automatic debit of a specified amount only once…