Transaction types provide a granular category to classify and better understand transactions, whereas Payment types provide a high-level understanding of the money movement method.
Each of the three card payment types (card, ACHACH - Automated Clearing House. The network that coordinates electronic payments and automated money transfers. ACH is a way to move money between banks without using paper checks, wire transfers, card networks, or cash., and account) has its own list of transaction types as described in the following sections.
The transaction types listed in the following table are all related to transactions that occur on a card network.
A cash rebate was posted to the card.
Cash was withdrawn via an ATM.
A dispute has resulted in a chargeback in favor of the card holder.
A tip or additional amount was added to the transaction.
A cash advance was made at an in-store purchase.
An online or in-store purchase was made.
An in-store purchase was made that involved entering a PIN.
A pre-authorization was initiated on the card.
An item that was purchased was returned.
A repayment was posted to the card account.
The transactions types listed in the following table all result from an ACH transfer.
Money moved into your Bond account.
Money moved out of your Bond account.
Money was moved from an external bank account to a Bond pseudo-DDADDA - Demand Deposit Account. Indicates that funds in the account (usually a checking or regular savings account) are available for immediate use, or on-demand. through an ACH.
Money was moved from a Bond pseudo-DDA to an external bank account through an ACH.
All Account transaction types occur within the Bond platform framework and do not use ACH or Card paths, which makes them instantaneous.
Bond provided funds to a "master" account for initial distribution.
A peer-to-peer money movement transaction was made.
For a complete specification and interactive examples, see Retrieving transactions and history in the Bond API Reference.
Updated 3 months ago