Merchant account provider is an online account service provider that lets ecommerce businesses accept debit and credit payments, and temporarily holds the money until it’s transferred to the business’s bank account.
Fullfillment is the entire lifecycle of receipt, processing , packaging and shipping of an online order
An SKU is a way to identify a product or service uniquely in your inventory via an alphanumeric unique code
Buy to detail rate is the ratio of number of users who purchased the product divided by total number of views the product page got
Dropshipping is a type of eCommerce arrangement where the goods are directly shipped from the manufacturer to the retailer or customer. This retail fulfillment method deals in direct delivery of goods without having to store or stock them.
PCI Compliance or Payment Card Industry Compliance is a set of technical requirements and protocols which must be followed if your website or online store is storing, processing or transmitting customer's credit card information
Customer's data platform is a software which allows you to get a 360 degree view of the customer. It aggregates, visualizes and actions all the signals or the events associated with a customer. It integrates with all your existing systems such as marketing automation, customer support and online purchase behaviour etc. CDPs have become critical in today's digital world where the customer purchase journey is non linear.
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