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A chargeback is a charge that is returned to a payment card after a customer successfully disputes an item on their account transactions report.
A chargeback period is the time frame during which a credit card user can dispute a transaction with a merchant.
Online Shoplifting Definition
Online shoplifting is a type of theft involving dishonest chargebacks and piracy targeting online or ecommerce merchants.
Credit Card Posting
Credit card posting occurs when a cardholder transaction has been settled and recorded with a post date.
WePay vs. PayPal Fees: What's the Difference?
WePay and Paypal facilitate payments between businesses and people. Which one should you go with?
Sales Draft Definition
A sales draft is a record created at the time a purchase is made, containing details of the transaction.
The Best Credit Card Processing Companies of 2021
Explore the best deals for processing payments. We researched top credit card processing companies based on ease of use, cost, and customer service.
Card-Not-Present Fraud Definition
Card-not-present fraud is a type of scam that is committed without a physical card being presented to a merchant.
The Difference Between Bitcoin and Credit Card Transactions
Discover the differences between bitcoin and credit card transactions, as well as the advantages of using one over the other.
Interbank Network for Electronic Transfer (INET) Definition
Interbank Network for Electronic Transfer (INET) processed Mastercard’s debit and credit card transactions prior to Banknet, the current facility.