The payment industry can be confusing sometimes. At Midigator, we're committed to removing this complexity and simplifying the payment dispute process. This is why we've created a glossary of common terms for your reference. Click on any term to learn more.

3D Secure

Acquirer or Acquiring Bank

Address Verification Service (AVS)


Authorization Request And Authorization Code

Average Monthly Sales Volume

Average Monthly Transaction Volume

Average Ticket Amount

Bank Identification Number (BIN)

Billing Descriptor

Card Associations or Card Networks

Card Brands

Card Security Code (CVC2, CVV2, CID)

Card-Not-Present (CNP) or Card Absent Environment


CCPA Personal Information


Compelling Evidence

Credit Card

Customer Relationship Management (CRM)

Debit Card

Dispute Or Payment Dispute

Dispute Response

Dual Message System

Dynamic Currency Conversion (DCC)

False Positive

High-Risk Merchant and High-Risk Merchant Accounts

Independent Sales Organization (ISO)

Interchange Fee

ISO Agent

Issuer or Issuing Bank

Mastercard Excessive Chargeback Program

Mastercard SecureCode



Merchant Account

Merchant Identification Number (MID)

Merchant Service Agreement

Payment Gateway

Payment Processor

Recurring Billing Or Recurring Transactions


Single Message System

Transaction Settlement

VAR Sheet

Visa Chargeback Monitoring Program (VCMP)

Visa Claims Resolution (VCR)

Visa Secure (Formerly Verified By Visa)

Win Rate

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