Contents x
    Transaction Types
    • 03 Oct 2024
    • 2 Minutes to read
    • Print
    • Dark
      Light
    Contents

    Transaction Types

    • Updated on 03 Oct 2024
    • 2 Minutes to read
    • Print
    • Dark
      Light
    Article summary

    Below are the transaction types we currently support. However, this could differ slightly depending on the acquirer selected.

    Card Deposits

    Transaction codeDescriptionConsiderationsSupported Integration type
    AUTH*
    Authorisation    		An 'authorisation' creates a validation on a card to verify its active status and ensure that there is a sufficient balance available to cover the requested amount. Proceed to process a capture ('CAPT') to capturing the funds.This only blocks the funds on a card. Consider using 'purchase'('PURC') if you wish to immediately trigger the capture process. An authorisation typically has a predefined expiration period, which is determined by the card issuer. The specific duration can vary but can remain active up to 30 days. After this period, the authorisation will expire automatically.Hosted Payment Page or Payment Operations API
    CAPT
    Capture    		A 'capture' refers to the action of recording and finalizing a previously authorized transaction, and initiating the transferring of funds from the customer's account to the merchant's accountCan only be used on an active authorisation transaction.Payment Operations API
    PURC
    Purchase    		A' purchase' merges both the authorisation and capture processes, validating the card's status, checking for sufficient funds, and finalizing the transaction by transferring the funds from the customer's card to the merchant's accountHosted Payment Page or Payment Operations API

    *An authorisation has a predefined expiration period, which is determined by the card issuer. The specific duration can vary but typically remains active up to 30 days. After this period, the authorisation will expire automatically and any blocked funds will be released.

    You can view our API reference for using our Hosted Payment Page here. Should you decide to use our payment APIs to process a card transaction click here.

    Card Recurring Transactions

    Merchant-initiated transactions (MITs) enable purchases that are triggered by the merchant. This transaction type is commonly employed for recurring subscriptions or billings, where regular payments need to be captured automatically without direct customer involvement.

    To process a recurring transaction, you can re-use the 'Auth' or 'Purc' transaction type. As part of the payload, in the paymentsource object, you must select "TransactionReference" as the payment source along with the original PSP ID.

    APM Deposits

    Transaction codeDescriptionSupported Integration type
    PURC
    Purchase    		A purchase transaction type initiates the payment via the specified payment method.Hosted Payment Page

    Due to the nature of the APMs, only purchase transaction types are supported. This means that once the payment is completed, the settlement of funds to the merchant is immediately initiated without the need of processing a capture.

    You can view a list of detailed specifications of all our APMs here.

    Refunds and Payouts

    Transaction codeDescriptionSupported Integration type
    PARTIALREFUNDThis transaction type is to be used for both partial and full refund. Its important the refund amount does not exceed the Purchase or Captured amount.Payment Operations API
    ORIGINALCREDITUsed to request Original Credit Transfers (OCTs) or Payouts to payment instruments not limited to the deposit amount.Payment Operations API

    You can refer to these dedicated pages for refunds and payouts.

    Voids

    Voids are available only for card payments, typically on Authorisations, depending on your acquirer. For details specific to your chosen acquirer, please contact our support team.

    Transaction codeDescriptionSupported Integration type
    GENERALVOIDThis transaction type reverses a previously authoirsed card transactionPayment Operations API

    This is usually only possible in the first 24 hours of the authorisation. For more specifics please contact our Contact Us.

    Please refer to this dedicate page.

    Was this article helpful?
    What's Next