Payee
A payee is the person or entity that receives payment for goods or services in a transaction.
More terms under P
- Pay-Per-Last N Shares (PPLNS)PPLNS is a payment method for miners where they only get paid after the mining pool finds a block. You receive rewards based on the last N shares you…
- Pay-Per-Share (PPS)Pay-Per-Share (PPS) is a payment method where you earn a fixed amount of cryptocurrency for every valid share you submit while mining.
- PayFiPayFi is a system that combines regular payment methods and financing with blockchain technology, making transactions faster and more secure.
- Peer to PeerA way for people to connect and share information directly with each other without needing a central server or authority.
- Peer-to-Peer (P2P)Peer-to-Peer (P2P) refers to a way for people to interact directly with each other over a network, without needing a central authority. In this system, tasks…
- Peer-to-Peer (P2P) LendingCrypto P2P lending is when people lend money or assets directly to each other without a bank or other middleman involved. Borrowers provide collateral, which…
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.