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Running a credit card’s magnetic stripe through a reader that interprets the data encoded on it.
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."
Running a credit card’s magnetic stripe through a reader that interprets the data encoded on it.