> ## Documentation Index
> Fetch the complete documentation index at: https://razorpay-60c89f9a-mintlify-audit-missing-sections-1778528421.mintlify.site/llms.txt
> Use this file to discover all available pages before exploring further.

# Glossary

> The following table lists all the commonly used terms in international payments and their descriptions.

## Terms | Description

## International Payments | International payments are transactions where the payer and the payee are in different countries, involving cross-border funds transfer and currency conversion processes.

## Currency Conversion​ | The process of converting one currency into another during an international transaction. Razorpay Settlements occur in INR based on the conversion rate at the time of payment.

## Purpose Codes | Specific codes issued by the Reserve Bank of India (RBI) to denote the nature of foreign currency transactions. Each payment must be tagged with a purpose code to ensure compliance with regulations.

## SWIFT Transfer | An international payment method that uses the SWIFT network to transfer funds between banks globally.

## FIRS (Foreign Inward Remittance Statement) | A document that provides proof of funds received from a foreign country, essential for compliance, claiming GST refunds, and other regulatory purposes.

## Non-3DS Transactions | Payments processed without the 3D Secure protocol, often used for international card transactions. These transactions carry higher risk due to the lack of an additional authentication step.

## Address Verification System (AVS) | A security feature that verifies the customer's billing address against the address on file with the card issuer to prevent fraud.

3D Secure (3DS) | An additional layer of security for online card transactions where the cardholder must authenticate the transaction using a password or a one-time code​.

## based on the conversion rate at the time of payment.

## Non-3DS Transactions | Payments processed without the 3D Secure protocol, often used for international card transactions. These transactions carry higher risk due to the lack of an additional authentication step.