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.
An optimization engine evaluates transaction data, routing, and retry timing in real time to reduce avoidable declines, recover failed payments, and improve approval performance.
Optimization Enginepayment optimization engine, authorization optimization engine, payment decision engine