Resources
Glossary
Detailed descriptions of Payman-specific terms and jargons.
Term | Description |
---|---|
Payman | A secure financial platform designed for AI agents and humans to move money with full control. |
AI Agent | An automated entity that can perform transactions under user-defined policies and controls. |
USD Wallet | A wallet for real USD transactions, available to US-based users only. |
USDC Wallet | A wallet for real USDC (stablecoin) transactions, available to both US and international users. |
TSD Wallet | A test wallet with 1000 TSD for simulation purposes, used for testing transactions safely. |
Paytag | A human-readable identifier for Payman wallets (e.g., surge.produce.leg/26 ) used for transfers. |
Policy | A set of programmable rules that define how, when, and how much money can move from a wallet. |
Payee | An entity to which money is sent, such as a bank account, crypto wallet, or test account. |
Invite Code | A code required to register on Payman, ensuring secure onboarding and controlled access. |
OAuth | A protocol for secure authorization, allowing apps to access resources on behalf of users. |
Client Credentials | Authentication method using a client ID and secret for server-to-server communication. |
Authorization Code | OAuth flow for apps needing access to another user’s resources, involving user consent. |
Playground | A sandbox environment for testing Payman functionalities without real money movement. |
Webhook | A mechanism to receive real-time updates from Payman for events like payments and balance changes. |
SDK | Software Development Kit (TypeScript) for integrating Payman functionalities into applications. |
Dashboard | The web interface for managing Payman accounts, wallets, policies, and more. |
Developer Mode | A setting in the Payman Dashboard that unlocks additional features for developers, like TSD wallets. |
KYC Verification | Know Your Customer process for verifying identity with documents like a government-issued ID. |
Session | A persistent state across requests in the SDK, allowing for continuous interaction. |
Token | A digital key used for authentication and authorization in API requests. |
Access Token | A temporary credential that grants access to Payman APIs for a specific duration. |
Threshold | The amount above which manual approval is needed for a transaction. |
Spend Limit | The maximum amount allowed for transactions over a specified period, like daily or monthly. |
Approval | The process of manually authorizing a transaction that exceeds set limits or thresholds. |
Request | A payment attempt that requires user approval due to policy constraints. |
App Registration | The process of creating an application in Payman to generate credentials and configure access. |
Client ID | A public identifier for your registered application. |
Client Secret | A private key used to authenticate your application (never expose in frontend code). |
Scope | Specific permissions granted to an application (e.g., read_balance, write_send_payment). |
System Policy | Pre-built policies provided by Payman (Minimalist, Personal Use, Professional, etc.). |
Custom Policy | User-created policies with personalized spending limits and approval rules. |
ACH | Automated Clearing House - electronic network for financial transactions in the US. |
USDC | USD Coin - a stablecoin pegged to the US Dollar, used for crypto transactions. |
TSD | Test Dollar - Payman’s test currency for simulation purposes (not real money). |
Metadata | Additional contextual information attached to requests or transactions. |
Streaming | Real-time data flow for receiving live updates during API calls. |
Grant Type | The OAuth flow method used (Client Credentials or Authorization Code). |
Redirect URI | The URL where users are sent after OAuth authorization. |
Origin Domain | Allowed domains for frontend applications in OAuth configuration. |
Transaction Limit | Maximum allowed amount per individual transaction in OAuth apps. |
Need help? Reach out to [email protected]