Alternative Payment Methods |
Payment options outside of the traditional credit/debit card transactions, including cryptocurrency and direct bank transfers. |
Chargeback |
A transaction reversal initiated by the cardholder's bank, often used in cases of fraud or disputes. |
Escrow Service |
A financial agreement where a third party temporarily holds funds until a transaction is completed. |
Fraud Prevention Tools |
Technologies and strategies implemented to detect and prevent unauthorized transactions. |
Merchant Account |
A type of bank account that allows businesses to accept payments by debit or credit cards. |
Peer-To-Peer Payments |
A payment system that allows individuals to transfer funds to one another using mobile apps or online platforms. |