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Business Dictionary

Navigate through the most commonly used words, terms and jargons in Ecommerce.
From retail and enterprise to branding and entrepreneurship, you’ll find everything you need to know about building a successful business.

Transaction

The process where you sell and your buyer purchases a product or service in exchange for money is termed as a transaction.

As transactions are essentially successfully completed orders, the Shopmatic platform focuses on making it easy for business owners to have multiple channels to drive online orders. You can pick and choose the sales channels that work best for your business model be it via chat channels or social media channels or the marketplace channels or simply your own webstore channel. It is possible to operate multiple channels with specific features to help you succeed in each option. Your successful transactions across channels can be monitored from your Shopmatic dashboard on a daily, weekly or monthly basis.

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