Credit Card Processing
A procedure used by merchants to send credit card transaction data to the issuing bank, enabling the merchant to be paid for the transaction in question.
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 procedure used by merchants to send credit card transaction data to the issuing bank, enabling the merchant to be paid for the transaction in question.
