Average basketThe mean value of a single transaction, used to gauge how much each customer spends per visit.ChargebackA reversal of a card payment initiated by the customer's bank, usually over a dispute.EOD reportThe end-of-day summary that totals sales, payments, and cash variance at close.ModifierAn option added to a product at the till — extra shot, gift wrap, size — that adjusts price or details.Reorder pointThe stock level that triggers a purchase suggestion so a product never sells out.SettlementThe transfer of captured card funds from the processor into your bank account.SKUStock keeping unit — the unique code that identifies each product variant you sell.Split tenderA single sale paid with more than one method, such as part card and part cash.TokenizationReplacing card data with a safe token so sensitive numbers never touch your devices.VariantA specific version of a product, such as a size or color, tracked with its own stock and price.