Terminology

Chargeback

What is a representment?
A representment is in regard to a chargeback that has been filed by a merchant's customer.  Chargeback representment is the process through which merc...
Thu, 17 Nov, 2022 at 10:08 AM
NACHA Hold/Closure by FDR Deutsche MID
Mon, 16 Dec, 2019 at 4:17 PM
What is a Chargeback?
A chargeback is a process that allows cardholders, and occasionally an issuing bank, to file a dispute regarding a charge. Once the cardholder initiates the...
Thu, 17 Nov, 2022 at 9:33 AM
What is a Reserve?
A reserve is a savings account or other highly liquid asset set aside by a business (CMS) to meet any future costs or financial obligations, especially thos...
Thu, 17 Nov, 2022 at 11:10 AM