This is an extension of this article
Captures a preauthorized (PA) amount.
A negative booking on the merchant account. Usually triggered by a customer or bank returning a Debit (DB) or Rebill (RB) transaction.
Credits the customer and debits the merchant account (This is not available to merchants in South Africa)
Debits the customer and credits the merchant account.
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.
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.
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.
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.
Reverses an already processed Preauthorization (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.