Payment Glossary: 70+ Payment Terms and Definitions for 2026
Understand the language behind payments, approvals, and smart retries.
Learn our 70+ terms
Understand the language behind payments, approvals, and smart retries.
A chargeback is a bank-forced payment reversal after settlement. For merchants, it creates revenue loss, fees, and operational pressure that can hurt dispute ratios and future approval performance.
Chargebackpayment dispute, dispute reversal, issuer dispute
Dispute resolution is the post-settlement process for handling contested card payments. Strong execution helps merchants limit revenue loss, control fees, and protect processor standing.
Dispute Resolutionchargeback management, dispute process, payment dispute handling