This is an extension of this article
Payment Types | Code | Description |
Capture | CP | Captures a preauthorized (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 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. |