Transaction type describes the specific action that was taken with regard to an event.
|For Returns that we have for our outsourced transactions with Fiserv we create an external transaction.
|This is the bank authorization transaction to verify a consumer account. No funds are transferred in the authorization transaction type.
|This is an authorization and capture within a single transaction.
|A pay-in from a customer account
|Funds are moved back to the consumer account after a completed capture or pay transaction.
|Transaction created when the payment is charged back by the bank (payment provider).
|Payout to a customer account
|Funds are sent back to the merchant account after a completed deposit.
|A representment transaction represents an attempt to reprocess a previously denied Capture transaction.
|There are two possible events (tokenize and verify) for this transaction type which are triggered by the corresponding API calls.
|This is a bank preauthorization transaction that includes a specific total amount for a specific period. Though no funds are transferred at the time of a preauthorization, the availability of the funds is verified and subsequently entered as one or more captures, equaling the total amount of the preauthorization.
Updated 12 months ago