Glossary · Payments
Checkout Approval
Checkout approval is the instant yes-or-no when you pay with a card, before the money actually moves hours or days later.
Approval happens in moments at checkout; settlement (the actual movement of money) happens later. The card you choose to pay with is locked in at this moment, so the best-card decision has to come before you pay.
Pikt makes that decision up front — naming your best card in time to use it — which is why its recommendations are instant.
Related terms
- Best-Card Recommendation at Checkout — Pikt recognizes where you're paying and names the best card to use — online via Pikt Checkout before you click pay today; in stores, Pikt Nearby will surface it on your lock screen when you're ready to pay (coming next).
- Reward Routing — Reward routing is the practice of automatically selecting, at the moment of purchase, the credit card in your wallet that earns the most value on that specific merchant and category.