Debit Card
A bankcard used to purchase goods and services and to obtain cash by debiting the cardholder’s personal checking account. During online debit transactions, the transaction must be accompanied by the correct PIN.
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 bankcard used to purchase goods and services and to obtain cash by debiting the cardholder’s personal checking account. During online debit transactions, the transaction must be accompanied by the correct PIN.
