Key terms used across the Peere documentation.
Lookup ID — A unique identifier tied to a customer. Merchants use it to find and initiate billing for a specific customer.
Payment ID — An encrypted string representing an approved billing agreement between a customer, their bank, and a merchant. Required to bill a customer.
Billing Intent — A merchant’s request to establish a billing agreement with a customer. The customer decides whether to approve, deny, or set limits.
Billing Request — An actual charge attempt using an approved payment id. Requires a prior intent approval.
Customer Decision — The customer’s response to a billing intent: approve_once, approve_recurring, deny, or suspended.
Spending Limits — Caps a customer sets when approving an intent: per transaction (single), daily, weekly, or monthly.
Device ID — A unique identifier for a customer’s device. Enables merchants to discover and identify customers automatically.
Webhook — A real-time HTTP POST notification sent by Peere when an event occurs (payment, decision, request).
Settlement — The transfer of funds from a customer’s account to a merchant’s account after a successful transaction.
