Cash Advance
In the context of credit cards, this is the act of withdrawing cash against one’s credit card limit. This is the only method of receiving cash from a credit card that is approved by the bankcard associations.
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."
In the context of credit cards, this is the act of withdrawing cash against one’s credit card limit. This is the only method of receiving cash from a credit card that is approved by the bankcard associations.
