Glossary
The essential terms in this glossary are designed to enhance your understanding of the unTill Payments Portal, enabling you to achieve your goals more effectively.
A
Acquirer fee
One of the fee types deducted from the Current Balance after the processing of the transaction.
C
Current Balance
Refers to a balance account on the Adyen platform where the funds are securely stored until the payout processing begins.
H
Home page
This dashboard provides insights on the transactions within your location that were processed through unTill Payments.
I
Invoice
This document confirms that all corresponding fees have been deducted from the Payments User balance account. The invoices can be downloaded and viewed through the payouts section.
P
Payment Method
Refers to the various options available for settling a financial transaction.
Payments Profile
This refers to the section where you can be redirected to the Adyen page and provide all the necessary information to receive payouts.
Payments Location
Signifies a workspace where the Payments Users and the Resellers act and track financial information. Access to the unTill Payments Portal is granted to the Payments User only when a Payments Location is created. Payments location can be created only by a Reseller.
Payments User
Refers to the role within unTill Payments Portal. It can be a Location Owner or the persons invited by a Reseller to the Payments location in accordance with the Location Owner's request..
R
Refunds
Refers to the action when the amounts of money are returned to the customer. The refunds can occur in the Payments location in the case if the order paid by card was reopened and money was paid back to the client.
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