Payment Glossary: 70+ Payment Terms and Definitions for 2026
Understand the language behind payments, approvals, and smart retries.
Learn our 70+ terms
Understand the language behind payments, approvals, and smart retries.
A floor limit lets a merchant approve low-value card payments offline when speed or connectivity matters. The trade-off is higher exposure to delayed declines and unrecovered revenue.
Floor Limitoffline limit, authorization floor limit, zero floor limit