Glossary
These are the terms you'll see most across the PayMitto docs. Each one links to the page that covers it in depth.
| Term | Definition |
|---|---|
| Sender | The account holder sending money. Your backend creates one for each account holder and saves the senderId. See Senders overview. |
| Recipient | The person receiving the transfer. Account holders add recipients in the SDK. |
| Corridor | A combination of destination country, currency, and payout method. Corridors are configured per program and confirmed during implementation. |
| Quote | The price, rate, and fees the account holder accepts before sending. Each quote has a quoteHistoryId. |
quoteHistoryId | The ID of an accepted quote. Your backend uses it to look up the quote, create the transfer, and check progress after a timeout. See Posting a transfer. |
| Client level access token | An access token requested without a sender_id. Used for client-wide calls, such as requesting an SLA token or listing transfers. |
| Sender level access token | An access token requested with a sender_id, used to act on behalf of one sender. See Authentication and sender ID. |
| SLA token | A short-lived, single-use token. Your backend requests it and the Web SDK exchanges it for a session. See Web SDK authentication. |
| SDK session | The Web SDK's authenticated session. It times out after a period of inactivity and extends while the account holder is active. |
| Transfer status update | A notification PayMitto sends to your endpoint when a transfer's status changes. See Transfer status updates. |
| Pending | A transfer that is in process. It can stay Pending while screening completes. |
| Complete | A transfer that PayMitto processed and sent for payout. |
| Remittance service provider (RSP) | The payout partner that delivers a transfer to the recipient. |
| Real Time Account Funding (RTAF) | A separate PayMitto solution that lets account holders fund a new account in real time from an external card. It uses an Account Funding Transaction (AFT) and is designed specifically for new account funding. See RTAF. |
| Account Funding Transaction (AFT) | A card transaction that pulls funds from a card. RTAF uses an AFT to fund a new account. |
| Original Credit Transaction (OCT) | A card transaction that pushes funds to a card. Account-to-card payouts use an OCT. |
| Sandbox | The test environment. Transfers there don't move real money. See Environments. |
| Certification | The test cases you complete with PayMitto before you receive production credentials. See Certification. |
| Admin Portal | PayMitto's portal for your operations and support staff, accessed with single sign-on. See Admin Portal overview. |
Next steps
Once you've finished here, these pages are good places to go next:
- Your first sandbox transfer: see these terms in action.
- Implementation overview: the phases from credentials to go-live.
Updated about 13 hours ago
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