Glossary
QR Code PaymentJune 16, 2025

Meaning QR code payment refers to making payments by scanning a Quick Response (QR) code using a digital…

Glossary
QR Code ScanningJune 16, 2025

Definition QR code scanning is the process of using a smartphone or device camera to read the QR…

Glossary
Request MoneyJune 16, 2025

Meaning Request Money is a feature in digital payment platforms that allows a user to send a payment…

Glossary
PayerJune 16, 2025

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

Glossary
PayeeJune 16, 2025

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

Glossary
Payment ReversalJune 16, 2025

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