Approval Response
A code generated from the credit card processing networks and the customer's issuing credit card bank, indicating that a transaction authorization request has been approved.
Welcome to our Chargebacks Glossary! This page is your go-to resource for understanding the terminology used in the chargebacks industry. Whether you're a merchant, financial institution, or consumer, our glossary provides clear definitions of key terms, from "Acquirer" to "Zero Liability Policy."
A code generated from the credit card processing networks and the customer's issuing credit card bank, indicating that a transaction authorization request has been approved.