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Glossary

Terms used throughout the TeePay documentation.

TermMeaning
CollectionA payment you receive from a customer.
PayoutMoney you send from your TeePay balance (a disbursement).
MarketA country and its local currency, such as TZ with TZS. Your key's markets are listed by capabilities.
Minor unitsThe smallest unit of a currency (ISO 4217). TZS 1.00 is 100 minor units; UGX has no decimals, so UGX 1 is 1.
Public referenceTeePay's reference for a payment, used to read it and shown in webhooks.
VerifiedConfirmed with the provider and posted to your ledger. Only verified money is received money.
LedgerTeePay's double-entry record of your balances.
Payment profileBranding, payment methods, return URL and webhook URL for your checkouts.
Checkout sessionA hosted payment page for one amount, created through the API.
Control NumberA Tanzanian payment reference for a bill or a customer.
BeneficiaryThe person a Control Number is issued for, who may differ from the payer.
Idempotency keyYour unique key for a create request, so retries never duplicate it.
ScopeA permission on an API key, such as checkout:create.
Link keyA restricted key (tplk_) that can only create and read payment links; used by MCP.
USSD pushA payment prompt sent to the customer's phone, approved with their PIN.