Glossary
Terminal (provider account)
A terminal is a provider account as the platform sees it: the client's contract with an acquirer, a local method operator, an Open Banking or crypto provider, with the credentials, the currency, the operations it allows, its limits and its fees. Routing rules end in terminals; a payment is processed by exactly one terminal at a time, and a cascade moves it from one terminal to the next within a route group.
What a terminal holds
The provider and the adapter that talks to it; the client’s merchant identifiers and keys, stored in a secrets store; the currency or currencies; the operations enabled, such as deposits, payouts, recurring charges and refunds; the limits per window, such as an amount per day or a count per hour; the fee rules that mirror the provider’s price list.
Terminals and merchants
A terminal belongs to the client’s network and can serve many merchants; a merchant’s payments reach the terminals the routing allows for it. Limits per terminal protect the provider contract; limits per merchant protect the client. Both are evaluated before the provider is called.
On the platform
In Tranzify a terminal is created in the back office when the client enters its account at a provider from the catalogue; routing rules reference it, the journal records every call to it, and the reports show its approval rate, fees and volume.
Updated: 2026-11-08