Glossary
Technical and business terms used in Colurs documentation.
| Term | Definition |
|---|---|
| Access token | Short-lived JWT token used to authenticate API requests |
| Refresh token | Long-lived JWT token used to refresh the access token |
| Wallet | User virtual wallet that stores balance in a currency |
| Funding | Process of adding balance to the user wallet |
| Withdrawal | Process of transferring wallet balance to a bank account |
| Swap | Instant conversion of balance between wallets in different currencies |
| Exchange | Currency exchange operation at market rate |
| KYC | Know Your Customer — identity verification process |
| Payment Link | Payment link generated to charge third parties without technical integration |
| Sandbox | Testing environment that does not process real transactions |
| COP | Colombian peso |
| MXN | Mexican peso |
| USD | US dollar |