Payments Glossary | Beyond the Swipe by MannyPay

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Oct 23, 20268 min read

What Is Chargeback Representment? How to Fight Disputes

What is chargeback representment? Learn the dispute lifecycle, deadlines, what to put in a rebuttal packet and when a chargeback isn't worth fighting.

MannyPay Editorial Team

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Oct 23, 20269 min read

What Is a Card-Not-Present Transaction? Risks and Rates

Learn what a card not present transaction is, why phone, online and keyed payments cost more, who pays for fraud, and how to lower both.

MannyPay Editorial Team

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Oct 23, 20269 min read

What Are Chargeback Reason Codes? How to Read Them

Learn how chargeback reason codes work, how Visa and Mastercard group them, and which evidence wins fraud, authorization, processing and consumer disputes.

MannyPay Editorial Team

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Oct 23, 20268 min read

Void vs Refund: What's the Difference and Which Costs Less

Void vs refund explained: learn why voiding before the batch closes can save processing fees, when a refund is required, and how to train staff.

MannyPay Editorial Team

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Oct 22, 20268 min read

What Is PCI DSS Compliance? A Plain-English Merchant Guide

What is PCI compliance? Learn your merchant level, which PCI SAQ fits your setup, and how to stop paying monthly non-compliance fees.

MannyPay Editorial Team

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Oct 22, 20268 min read

What Is a Payment Facilitator (PayFac)? Pros and Cons

What is a payment facilitator? Learn how PayFac sub-merchant accounts work, how they compare to a merchant account, and when it's time to switch.

MannyPay Editorial Team

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Oct 21, 20269 min read

What Is EMV? Chip Cards and the Liability Shift Explained

What is EMV? Learn how chip cards stop counterfeit fraud, how the EMV liability shift makes swiping costly, and how to check your terminal.

MannyPay Editorial Team

Oct 20, 20268 min read

What Are Interchange Fees? How Card Swipe Costs Are Set

What are interchange fees? Learn who sets them, why card type and entry method change your cost, and practical ways to qualify for lower rates.

MannyPay Editorial Team