Glossary
Important terms related to Razorpay Recurring Payments.
The following table lists all the commonly used terms and their definitions used in Recurring Payments:
Term | Definition |
|---|---|
Customer | The person for whom you are creating the recurring payment or authorization transaction. |
Order | Every payment should have an order associated with it. You must create a separate order for the authorization transaction and every subsequent charge. |
Authorization Transaction | The payment made by the customer to authorise the selected payment method. |
Authorization Payment | One of the ways of collecting an authorisation transaction using the Razorpay Standard Checkout. |
Registration Link | One of the ways of collecting an authorisation transaction using a link sent to the customer. |
Token | When a customer's selected payment method is authorised, a token is generated. A token represents mandate registration. |
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