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 card network connects acquirers and issuers to authorize, route, and clear card payments. For payment teams, network rules and response codes can directly influence approval rates and retry strategy.
Card Networkcard scheme, payment network, card rail