Glossary

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Payment failure in e-commerce refers to a situation where a customer's attempt to make a payment for a product or service on an online store is unsuccessful or declined. Payment failures can occur for various reasons, and they are a common challenge that e-commerce businesses need to address to ensure a smooth and successful transaction process.

Related Glossaries

Auto-Complete

Auto-feature, also known as "auto-suggest" is a feature that automatically attempts and suggests to complete a word or a phrase based on the previously filled information or AI based. It makes searches faster

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Cross Dock

Cross docking is one of the techniques to bring down distribution costs significantly in logistics. It refers to the direct unloading of goods from one mode of transportation to direct customer or another mode of transportation, eliminating the need of keeping inventory in storage. Thereby. reducing reducing costs. Cross docking takes place at distribution docking terminals where activities like sorting, consolidating, distributing takes place.

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COD

COD stands for Cash on Delivery and enables customers to pay for their orders using cash or a credit card when their orders are delivered. COD is a preferred and most common form of payment method used by eCommerce shoppers other then UPI and Debit cards.

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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.

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