Terminology

Merchant: person or company that integrates with relario PAY and sells services to its customers using this solution.

Customer: person that consumes or buys virtual goods or services from a merchant.

Micropayment: online transaction involving a very small amount of money in exchange for a virtual good or service, also referred to as microtransaction.

Real-time payment: way to purchase online goods and services in seconds, providing funds immediately and receiving instant confirmation.