Processor
A company responsible for processing interchange transactions. Processors are often operated by an acquirer, and are acting on the acquirer’s behalf.
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 company responsible for processing interchange transactions. Processors are often operated by an acquirer, and are acting on the acquirer’s behalf.