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Sending a merchant’s completed transactions to the host for processing (see also Settlement).
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."
Sending a merchant’s completed transactions to the host for processing (see also Settlement).