Datacap Logo

Back to Glossary


Shopping has never been easier or more convenient for consumers with online payment methods, but with this ease can come silly mistakes, when buyers unintentionally hit the “buy” button or make two purchases after clicking twice. Chargebacks serve as the solution by reversing a charge, in effect canceling out the transaction so consumers don’t spend what they don’t intend. Chargebacks also help guard against unauthorized transactions should debit or credit cards be stolen. 

Even the mPOS system in the world won’t do you much good if you’re not familiar with the terminology that governs its use. Datacap offers intuitive integrated payment solutions that meet the computational and purchase method preference of your sales force and customers.