Glossary

Become an ecommerce shipping and checkout expert with our comprehensive library of must know terms

Order cancellation occurs when a customer or the e-commerce business decides to cancel an order before it is shipped or fulfilled. This can happen for various reasons, such as changes in the customer's decision or insufficient stock.

Related Glossaries

Courier Allocation Engine

Courier allocation engine refers to the rule-based fulfillment of the order based on different metrics such as courier partners, pin codes, type of shipments, etc.



Warehousing

Warehousing refers to storing physical goods in a single location until they are sold or distributed. Warehousing allows you to have a single location for delivering all your products. Usually, warehousing may differ according to the different types and sizes of the business. A small startup may be storing its products in its own facility, until they scale and outgrow their space.



Payment Gateway

A payment gateway can be defined as a network that merchants use to accept money from your customers. Customers and businesses must coordinate while using a payment gateway in order to complete a transaction.



Buy now pay later

BNPL or buy now pay later allow customers to make a purchase and defer payment to a later date or split it into multiple installments.



Chart a course for sustainable business growth

Get started