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 credit or debit entry, initiated pursuant to a standing or one time authorization from a consumer. Used to perform electronic funds transfers to or from a consumer’s bank account. Direct Deposit of a paycheck is an example of a PPD.
