Transaction Type
Indicates the Transaction Type.
| Value | Description |
| PRENOTIFICATION | A notification sent in advance to inform a recipient about an upcoming transaction or payment |
| MICRODEPOSIT | A small deposit made to verify the accuracy of account details or to enable account activation. |
| PAYMENT | The act of transferring funds or value from one party to another as a settlement for goods or services. |
| REFUND | The return of funds or reimbursement to a customer, typically due to a cancellation, dissatisfaction, or overpayment. |
| PAYOUT | The distribution of funds or payment made to a recipient, often as a result of winnings, dividends, or earnings. |
| REVERSAL | The return of funds to a customer, typically due to a chargeback or dispute. |
| RETURN | The process of sending back goods or merchandise to the seller or provider, often resulting in a refund or exchange. |
| TRANSFER | The movement of funds or assets from one account, entity, or location to another, typically involving a change in ownership or control. |