In PalDock, conversions are unpaid performance metrics such as click, lead, send, prospect, sales or any custom conversion type. If you want to create a payout for them, you need to set up a commission.
A commission is a rule that defines when and how a transaction should be created from a conversion.
Transaction is a conversions that have an associated payout and result (Pending, Approved, Rejected). A transaction has its own types.
