Category Terminology

A product catalogue lists essential product details such as product descriptions, dimensions, price, weight, availability, colour, customer reviews, and more.

An eCommerce merchant refers to a party that sells goods or services via the Internet.

A Payment Processor is a company or third party that handles transactions such as credit card and debit card payments. Their job is to manage the transaction and act as a mediator between the bank and the merchant (seller).

A Payment gateway allows you to accept money online. The main role of the payment gateway is to facilitate the credit card transaction while minimising risk of fraud.  Essentially, the payment gateway acts as a mediator between the transactions that…

Order management is the process of receiving and completing a customer order.

A merchant account is an account that a seller holds with an institution such as a bank or payment gateway provider. 

Inventory, or stock, is the complete list of your current products or services that you offer your customers.

Dropshipping allows you to sell other suppliers’ products, without having to manage inventory, payment or shipping. Once you have created an online store website you can choose the items you would like to sell from a dropshipping marketplace.

The checkout process is a series of steps a consumer follows when completing an E-Commerce purchase.

In E-Commerce terms, a ‘Basket’ or ‘Cart’ is used to show items that a shopper has collected but not yet paid for.