merchantinitiated
Merchantinitiated refers to actions or processes that are started by a merchant, typically within the context of financial transactions or business operations. This term is often used in contrast to customer-initiated or system-initiated actions. For example, a merchantinitiated transaction could be a recurring payment that a business sets up for a customer, such as a monthly subscription service. The merchant establishes the agreement and initiates the charge on a regular basis, rather than the customer manually making each payment.
In the realm of credit card processing, merchantinitiated transactions are distinct from customer-initiated ones. A customer-initiated
The term can also extend beyond financial transactions. A merchant might have a merchantinitiated marketing campaign,