Important terms related to Razorpay Recurring Payments.
The following table lists all the commonly used terms and their definitions used in Recurring Payments:
|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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