> ## Documentation Index
> Fetch the complete documentation index at: https://doc-test-my.mintlify.site/llms.txt
> Use this file to discover all available pages before exploring further.

# Glossary

> A list of commonly used terms related to Razorpay Payments Mobile app.

The following table lists all the commonly used terms and their definitions used in the app:

| Term          | Description                                                                                                                                                                                                              |
| ------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |
| Payment       | Amount collected from customers through your website, app or using a Razorpay Curlec product such as Payment Links.                                                                                                      |
| Settlement    | Settlement is the process in which the money received from your customers is settled to your bank account. Settlements for all payments will be done in MYR, irrespective of the currency in which the payment was made. |
| Refund        | Customers may request a refund of the payments made for the products or services purchased or availed on your website or app.                                                                                            |
| Payment Links | Payment Links are URLs that you can send to your customers through SMS and email to collect payments from them.                                                                                                          |