Payment Types
Please look at the table below to find more information about payment types:
Payment Type | Code | Description |
Debit | DB | Debits the account of the end customer and credits the merchant account. |
Preauthorization | PA | Preauthorizes an amount on the card. Requires a subsequent Capture to charge the customer´s card. If not captured, the PA will expire (expiration times vary per acquirer). |
Capture | CP | Captures a preauthorized (PA) amount. |
Refund | RF | Credits customer’s account with a reference to a prior Debit (DB) or Capture (CP). |
Reversal | RV | Reverses a processed Preauthorization (PA), Capture (CP) or Debit (DB) transaction. A Reversal is possible until a specific cut-off time (Note: On the day of the transaction (local time), only RVs are allowed. Starting with 00:00hrs of the next day, only RFs are allowed). |
Chargeback | CB | Chargeback is the return of funds to the cardholders account mainly triggered by the issuing bank upon a complaint by the card holder. |
Chargeback Reversal | CR | Reverses a processed Chargeback (CB). |
Tokenization (Registration) | RG | Initial registration (tokenization) of an account and/or customer. Later Debit (DB) or Preauthorization (PA) transactions can reference to a valid registration. Through this process, no sensitive end customer account information has to be stored within the merchant’s system. Note: The token (RG or Account registration) will be valid during 13 months if there is no transaction based on the token. Validity will extend by 13 months for each reference transaction (Debit or Preauthorization + Capture using the token). |
Tokenization (DeRegistration) | DR | Deactivation of a prior registration. All following Debit (DB) or Preauthorization (PA) with reference to this registration will be rejected as soon as the deregistration has been performed. |
Payment Type | Code | Description |
Preauthorization | PA | Creates a boleto (payment slip) which is to be paid by the consumer. To finalize transaction, Receipt (RC) is matched with Preauthorization (PA). |
Receipt | RC | Merchant either retrieves confirmation through a Server-to-Server query, webhook notification, or manually via Business Intelligence Platform (BIP). |
Refund | RF | Credits the account of the end customer with a reference to a prior Boleto (RC). Merchant has to provide end customer’s bank account information where the refund is to be transferred. |
Payment Type | Code | Description |
Debit | DB | Charges the customer’s card in one step. |
Preauthorization | PA | Preauthorizes an amount on the card. Requires a subsequent Capture to charge the customers card. |
Capture | CP | Captures a preauthorized (PA) amount. |
Refund | RF | Credits the account of the end customer with a reference to a prior Debit (DB) or Capture (CP). |
Tokenization (Registration) | RG | Billing Agreement allows a seller to charge your PayPal account when you purchase goods from them or use their service. Later Debit (DB) or Preauthorization (PA) transactions can reference to a valid registration (RG). Through this process, no sensitive end customer account information has to be stored within the merchant’s system. Note: The token (RG or Account registration) will be valid during 13 months if there is no transaction based on the token. Validity will extend by 13 months for each reference transaction (Debit or Preauthorization + Capture using the token). |
Tokenization (DeRegistration) | DR | Billing Agreement cancellation: Deactivation of a prior registration (RG). All following Debit (DB) or Preauthorization (PA) with reference to this registration will be rejected as soon as the deregistration has been performed. |
Country | PA | CP | DB | RF | RV | CB | RC | RG | DR |
Argentina (Credit / Debit Cards) | X | X | X | X | X | X | | X | X |
Brazil (Credit Cards) | X | X | X | X | X | X | | X | X |
Brazil (Boleto) | X | | | X | | | X | | |
Brazil (PayPal) | X | X | X | X | | | | X | X |
Chile (Credit Cards) | X | X | X | X | X | X | | X | X |
Colombia (Credit Cards) | | | X | X | X | X | | X | X |
Mexico (Credit / Debit Cards) | X | X | X | X | X | X | | X | X |
Mexico (Oxxo) | X | | | X | | | X | | |
Peru (Credit Cards) | X | | X | X | X | X | | X | X |
Last modified 1yr ago