Glossary

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

Payment methods in e-commerce refer to the various ways customers can pay for products or services they purchase online. Offering a variety of payment options is crucial for e-commerce businesses to accommodate the preferences and needs of their diverse customer base.

Related Glossaries

Consignor

A consignor is an individual or business that entrusts goods, products, or assets to another party, known as the consignee, for the purpose of sale, transport, or other specific arrangements.

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Order Placed

This refers to the stage in the e-commerce process when a customer has successfully selected products or services, provided payment information, and confirmed their purchase. The order is placed, and the e-commerce platform generates an order confirmation for the customer.

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In-transit Shipment

"In transit" indicates that your package is traveling to the destination. The shipment can be either in any of the vehicles in a moving condition or can be at any depot.

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4PL

A fourth-party logistics provider (4PL) is a comprehensive supply chain integrator that oversees all aspects of the logistics process. In addition to managing physical logistics, a 4PL may also be involved in IT, procurement, and finance, among other areas.

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