Understanding Payment Processing Terminology Glossary for Merchants
PayHawk
APRIL 18, 2023
Chargeback Reason Code A code provided by the card issuer to indicate the reason for a chargeback. Credit Limit The maximum amount that a cardholder can charge within their credit range. P Payment Card A card that can be used to make electronic payments, such as a credit or debit card. PayHawk is Here to Help!
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