50+
Terms defined
Crypto payment glossary.
Every term you need to understand blockchain-based payments, from wallets to webhooks.
7+
Networks covered
30+
Tokens explained
Free
Learning resource
Core Terms
Essential vocabulary for crypto commerce.
Master these foundational concepts to confidently navigate blockchain payment infrastructure.
Wallet address
A unique alphanumeric identifier used to send and receive cryptocurrency on a blockchain network.
Gas fee
The network transaction fee paid to validators for processing and confirming blockchain transactions.
Payment invoice
A time-limited request for payment containing amount, network, token, and destination wallet details.
Webhook
An automated HTTP callback that notifies your system when a payment status changes (pending, confirmed, expired).
Payment flow
Understanding the
Understanding the
payment lifecycle.
Every crypto payment follows this flow. Knowing each stage helps you build better integrations.
Invoice creation
A payment request is generated with amount, token, network, and expiry. The customer receives a checkout page.
Pending confirmation
The transaction is broadcast to the network and waits for block confirmations from validators.
Settlement
After sufficient confirmations, funds are settled directly to the merchant wallet address.
FAQ
Questions about crypto terminology
Clarifying common confusion points for newcomers.
A coin is the native currency of its blockchain (ETH, BNB). A token is built on top of another blockchain using a standard like ERC-20.
On-chain means a transaction is recorded directly on the blockchain ledger, providing a permanent, verifiable record.
A stablecoin is a cryptocurrency pegged to a stable asset like USD. Examples include USDT and USDC, maintaining roughly $1 value.
A smart contract is self-executing code deployed on a blockchain that automatically enforces the terms of an agreement.
Now you speak the language. Time to start.
Put your knowledge into practice with XPayr instant crypto checkout.