Industry Terms
- Parent Product
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Parent Product means a configurable product which could have multiple sizes, colours, shapes etc.
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- Payment Gateway
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Payment Gateway is a merchant service to authorize direct online payments.
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- Payment Processor
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Payment Processor is a company appointed by a merchant to manage credit card transactions.
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- Point of Sale (POS)
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Point of Sale (POS) system offer functions like inventory management, CRM, financials, warhousing instead of cash register and credit/debit card readers.
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- Pricing Rules
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Pricing Rules are the outlines when and how much prices should change.
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- Product Page
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Product Page is a place which explains the description of a product along with its photographs.
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- Promotions
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Promotions are special deals to attract customers to buy your products.
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