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The following table lists all the commonly used terms and their definitions used in Recurring Payments:
Glossary
Important terms related to Razorpay Recurring Payments.
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Documentation Index
Fetch the complete documentation index at: /llms.txt
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Important terms related to Razorpay Recurring Payments.
| Term | Definition |
|---|---|
| Customer | The person for whom you are creating the recurring payment or authorisation transaction. |
| Order | Every payment should have an order associated with it. You must create a separate order for the authorisation transaction and every subsequent charge. |
| Authorisation Transaction | The payment made by the customer to authorise the selected payment method. |
| Authorisation 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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