Checkout Terms
Checkout terms describe the final steps of the buying journey, from cart to payment. Each definition explains the concept and where it affects completion.
16 terms
3D SecureAn authentication protocol that adds a verification step during online card payments to reduce fraudCheckoutAddress AutofillAutomatic completion of address fields using browser data, saved profiles, or predictive address APIsCheckoutAuto-Apply DiscountAutomatic application of promotional codes or discounts without requiring customers to enter a codeCheckoutBilling vs Shipping AddressThe distinction between where payment is charged (billing) and where products are delivered (shipping)CheckoutBNPLBuy Now Pay Later lets customers split purchases into installments, often interest-free, at checkoutCheckoutCart ExpirationTime limit after which items in a shopping cart are automatically removed or the cart session endsCheckoutForm Abandonment RateForm abandonment rate is the percentage of users who start filling in a form, usually checkout, but leave before submitting it.CheckoutForm Field Error RateThe percentage of form submissions or field interactions that trigger validation errorsCheckoutFraud PreventionSystems and processes designed to detect and block fraudulent transactions before they completeCheckoutInline ValidationReal-time form feedback that shows errors or confirmations as users fill out each fieldCheckoutOne-Click CheckoutPurchase completion with a single click using pre-stored payment and shipping informationCheckoutOrder BumpSmall add-on offer presented during checkout that customers can add to their order with a single clickCheckoutOrder SummaryAn order summary is the checkout component that lists the items, quantities, prices, discounts, shipping, tax, and final total so a shopper can verify exactly what they are paying before they buy.CheckoutPayment Error RateThe percentage of checkout attempts that fail due to declined cards, processing errors, or authentication failuresCheckoutProgress IndicatorsVisual elements showing customers where they are in a multi-step checkout process and how many steps remainCheckoutShipping Rate CalculationThe process of determining shipping costs based on package dimensions, weight, destination, and carrier ratesCheckout
