An API, also known as an application programming interface, is a technology that allows different software applications to communicate with one another.
Channel conflict refers to a situation in which different sales channels, such as a company's website versus its brick-and-mortar stores, compete with each other rather than complementing one another.
Digital transformation is the process of integrating technology into an organization's operations to improve its overall performance and effectiveness.
Enterprise Resource Planning, also known as ERP, is a business management software that functions as a central hub for data and information within a company.
The acronym stands for Microservices, API-first, Cloud-native, and Headless. This architecture allows developers to build scalable and flexible applications by breaking down complex monolithic systems into smaller, independent services.
Marketplace payouts involve the transfer of funds from the marketplace to sellers or relevant parties, playing a crucial role in the platform's financial transactions.
MVP is the most basic version of your product that you can release to the market while still maintaining functionally and delivering value to customers, allowing for testing and experimentation.
OEM stands for Original Equipment Manufacturer. An OEM specializes in producing parts or equipment that will be marketed under another company's brand.
The payment orchestration layer is a technological layer that helps manage the complex and varied processes involved in moving money from one place to another.
Platform as a Service, or PaaS, is a cloud computing model that allows developers to build and deploy applications without worrying about managing the underlying infrastructure.
Sales tax nexus refers to the connection between your business and a state, establishing whether you are required to collect sales tax on your products or services in that state.
Third-party (3P) selling refers to a multi-vendor marketplace model where individuals or businesses can sell their products alongside those of the main retailer.