A transaction type is the specific action taken related to an event.
| Name | Description |
|---|---|
| External | Created for Returns related to transactions outsourced to Fiserv. |
| Authorize | A bank authorization to verify a consumer account. No funds are transferred during this transaction. |
| Pay | An authorization and capture performed within a single transaction. |
| Capture | A pay-in (funds transfer) from a customer account. |
| Refund | Funds are moved back to the consumer account following a completed Capture or Pay transaction. |
| Reverse | Created when the payment is charged back by the bank (payment provider). |
| Deposit | A payout (funds transfer) to a customer account. |
| Reclaim | Funds are sent back to the merchant account following a completed Deposit. |
| Representment | An attempt to reprocess a previously denied Capture transaction. |
| Tokenization | Supports two events: tokenize and verify. These are triggered by their corresponding API calls. |
| Preauthorization | A bank preauthorization for a specific total amount over a specific period. No funds are transferred immediately, but the funds’ availability is verified. This preauthorization must be fulfilled by one or more Capture transactions. |