---
title: Paylater Glossary
slug: en/paylater-glossary
description: Information about the glossary used in the Paylater payment method
image: https://archbee-image-uploads.s3.amazonaws.com/ZHvSjR5ZrsoxwKbJa3xmo/dC0F2vUD5pM-vgnj2Nb1Q_nicepay-docs-logo.png
icon: {"faIcon":"fa-solid fa-info"}
docTags: 
createdAt: 2022-11-30T03:33:58.000Z
---

# RTO

Request Time Out occurs due to connection disruption from Bank's side, e.g. Intermittent.



# MDR

Merchant Discount Rate, rates charged to the Merchant by the Bank.



# See also

::::VerticalSplit{layout="middle"}
:::VerticalSplitItem
Visit the [Paylater Payment Flow](docId\:tNunnBfganfbrQY-Csepx) page to find out the system process during payment with the Paylater.
:::

:::VerticalSplitItem
Visit the [Paylater Feature](docId\:VDnWbq9bgZelTP2XuzqTn) page to find out the transaction features on the Paylater.
:::
::::

::::VerticalSplit{layout="middle"}
:::VerticalSplitItem
Visit the [Paylater Integration & Testing](docId\:Ba-OIQmDiMI-XGOYFVryI) page to find out how to perform integration and testing of the NICEPAY Paylater system.
:::

:::VerticalSplitItem
Visit the [Paylater FAQ](docId\:kDB6P0LP4-JvBiEaN0R2x) page if you want to find out frequently asked questions related to Paylater.
:::
::::