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