Payment Types



  Code



Description


Capture

CP

Captures a preauthorised (PA) amount.

Chargeback

CB

A negative booking on the merchant account. Usually triggered by a customer or bank returning a debit (DB) or rebill (RB) transaction.

Credit

CD

Credits the customer and debits the merchant account (this is not available to merchants in South Africa).

Debit

DB

Debits the customer and credits the merchant account.

Preauthorisation

PA

Performs all risk management validations and stores all transaction data for later retrieval. Additionally reserves (blocks) the payment amount on the customer’s credit card. A later capture (CP) or credit (CD) with reference to the preauthorisation (PA) triggers the actual booking.

Rebill

RB

Debits the customer account with a reference to a prior debit (DB) transaction. Usually rebills an already processed debit (DB) transaction in case of a chargeback or to add more products to an already processed order.

Receipt

RC

A positive booking on the merchant account. Usually triggered by a bank returning a credit (CD) or refund (RF) transaction, or by a customer’s credit transfer to the merchant’s bank account. Such a receipt appears especially in conjunction with prepayment or invoice transactions.

Refund

RF

Credits the customer account with a reference to a prior debit (DB) or credit (CD) transaction, so the customer’s account statement will show two bookings. Some receivers and senders don’t support refunds.

Reversal

RV

Reverses an already processed preauthorisation (PA), debit (DB), or credit (CD) transaction, so the customer’s account statement will not show the booking. Reversals are possible only until a predefined cut-off time. Some senders and receivers don’t support them.