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Glossary
Definitions of key terms used in the Partner Platform.
- Buy Rate
- The amount you (the Partner) pay for products and services
- DBA (Doing Business As)
- The trade name or fictitious business name under which a company operates
- ISV (Independent Software Vendor)
- A company that develops and sells software products, often integrated with payment processing
- MCC (Merchant Category Code)
- A four-digit number that classifies the type of goods or services a business provides
- Merchant
- A business that accepts credit card payments for goods or services
- Partner
- An entity (you) that resells services to merchants and earns residuals
- Residual
- The profit you earn from each merchant, calculated as the difference between your sell rate and buy rate
- Sell Rate
- The amount you charge your merchants for products and services