Explanation of transaction types

ID

Name

Description

1

Gateway Signup

Server-to-server initial transaction with stored payment details.

2

Gateway Token

Server-to-server one-time payment with stored payment details.

3

Gateway Payment

Server-to-server one-time payment which is initiated on the merchant’s end, where the customer provides the payment details on the merchant’s checkout page. Can also be a rebill of such a transaction.

10

Signup

Initial payment for the service on Vendo’s checkout page (recurring, non-recurring and lifetime subscriptions). Can be a trial or a direct full membership.

11

Token Signup

One-time payment transaction via Vendo’s checkout page.

13

Cross Sale

Refers to a transaction type that allows the visitor to buy a secondary product at the same time as the primary product.

15

Rebill

Automatic, scheduled recurring charge on a subscription.

16

Upgrade

Automatic, scheduled charge that converts a non-cancelled trial into full membership.

17

Instant Upgrade

Customer initiated upgrade that converts a trial into a full membership before the trial period ends.

18

Change Offer Upgrade

The billing schedule on a subscription is changed to a more expensive one, f.ex. when going from monthly to yearly charges.

20

Chargeback

A fraudulent or disputed transaction by an issuer on the behalf of the customer. The payment card will normally transfer this liability to the acquiring bank and the acquiring bank to the merchant that initiated the transaction.

21

Void

Funds held by a Pre-Auth transaction are released back to the customer because they cancelled their free trial.

30

Refund

Transaction type with a negative amount, where the merchant sends back the funds of a positive transaction in full to the customer.

31

Partial Refund

Transaction type with a negative amount, where the merchant sends back partially the funds of a positive transaction to the customer.

32

RDR Refund

Rapid Dispute Resolution - a type of refund that is initiated by the issuer to prevent generating a chargeback.

40

Revoke

A previously successful transaction is reverted. Sometimes a transaction is prematurely accepted as successful but subsequently fails to be cleared in the payment system. Possible reasons include technical issues, network issues, and payment methods that cannot be approved immediately. Similar to a refund except that the customer was never charged in the first place.

60

Verification

A stand-alone authentication attempt, f.ex. 3D Secure, phone verification or captcha. The customer is not charged yet but maybe charged later, using this verification transaction as proof of identity. Usually used with Gateway Payment transactions.

61

Pre-Auth

A temporary hold on a customer's payment card that typically lasts around 5 days (depending on the issuing bank), or until explicitly captured or released. Note that some issuing banks allow temporary holds for much longer.

62

Free Signup

Initial transaction free of charge for the service. Like Signup, but free of charge.

63

Update Payment Method

Change payment details for an existing subscription. No charge is made, but a small amount may be held (see Pre-Auth).

64

One Time Shot

A one-time payment for webcam service.

65

Cross Sale Upsell

A signup for webcam service. It’s a one-time payment that may be followed by One Time Shots initiated by the customer.

66

Free Cross Sale

Secondary product offered on the checkout page free of charge at the time of purchase. Like Cross Sale but free of charge.

100

One-click Signup

One-clicks allow existing members to purchase additional services (recurring and lifetime). Like Signup, but with stored payment details.

101

One-click Token Signup

One-clicks allow existing members to purchase additional non-recurring products on a site. Like Token Signup, but with stored payment details.

102

Signup Everywhere

Initial payment for the service made by a returning customer on Vendo’s checkout page. Like One-click Signup but without a special one-click payment link.

103

Token Signup Everywhere

One-time payment made by a returning customer on Vendo’s checkout page. Like One-click Token Signup but without a special one-click payment link.

104

Free Signup Everywhere

Initial transaction free of charge for the service made by a returning customer on Vendo’s checkout page.

105

Revshare One-click

Cross-merchant one-click with Vendo-managed revenue-share payout model.

106

Revshare One-click Token

Cross-merchant one-click one-time-payment with Vendo-managed revenue-share payout model.

107

Revshare One-click Free

Cross-merchant one-click free of charge with Vendo-managed revenue-share payout model.

110

Repurchase Signup

Purchasing previously expired membership for the latest price.


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