Empower your business with Chargebackhit to proactively monitor, identify, and address issues before they escalate into full-fledged
Glossary
A chargeback is a protective financial mechanism initiated by the issuing bank, where funds are withdrawn from a merchant’s account and reimbursed to the cardholder.
chargebacks
, potentially saving significant time, effort, and resources.
Integrating Chargebackhit into your system and business operations involves several key steps, which create a seamless connection between your systems and Chargebackhit’s suite of tools. The integration process covers various aspects, from setting up secure access and communication channel to configuring essential parameters and implementing matching algorithms. Each step is crucial for tailoring the integration to your specific operational needs and ensuring optimal performance.
Chargeback notifications are messages that the merchant receives informing them that a chargeback has occurred or will soon occur. alerts to specific activities. The detailed list ensures that the system can provide targeted and effective chargeback management tailored to your business model and needs.
A payment service provider handles secure payment approvals for sales and services and the transfer of funds from customers to merchants. service provider and further Glossary
A unique identifier assigned to a merchant account, used for processing payments and tracking transactions. MID setup. Chargebackhit offers options for both manual enrollment through the HUB interface and automated enrollment via API, allowing you to choose the most efficient method. Proper MID enrollment ensures Chargebackhit can accurately identify and process your transactions, enhancing targeted chargeback prevention and resolution strategies.
Unique identifiers assigned to each transaction, used for tracking and referencing individual payments. transaction IDs , Glossary
An Acquirer Reference Number (ARN) is a unique number assigned to a card transaction as it moves through the payment flow. Issuers use it to trace a refund if it appears to be missing. ARNs , authorization codes, and transaction details, supporting precise alert processing. For PayPal alerts, the limited availability of card data requires a unique solution. This is where PayPal descriptors play a key role, helping merchants track and match transactions, improving identification and reducing dispute risks.