Back-End Processor
A data processing company that contracts with an acquirer to receive and forward settlement batches to issuing banks in a scheduled time window. In some cases, the acquirer may act as its own back-end processor.
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 data processing company that contracts with an acquirer to receive and forward settlement batches to issuing banks in a scheduled time window. In some cases, the acquirer may act as its own back-end processor.
