Member
A financial institution that belongs to the Visa and/or Mastercard network. A member is licensed to issue cards to cardholders (issuer) and/or accept merchant drafts (acquirer).
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 financial institution that belongs to the Visa and/or Mastercard network. A member is licensed to issue cards to cardholders (issuer) and/or accept merchant drafts (acquirer).