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E-commerce vocabulary · Payments and Fraud Prevention

Statement descriptor

Meaning in e-commerce, with examples

nounAdvanced term

In e-commerce, statement descriptor means: The text identifying a payment or merchant on the customer's bank or card statement.

In Turkish: ekstre işlem açıklaması

How it is used

Choose a recognizable statement descriptor within the provider's requirements so buyers can connect the charge with their purchase.

Example sentences

  1. Customers did not recognize the statement descriptor because it used our parent company's name.

    A legal business name may be less familiar than the store name shoppers remember.

  2. We added the store name to the statement descriptor after several payment queries.

    Clear charge identification can help customers understand an unfamiliar statement line.

Common collocations

  • recognizable statement descriptor
  • dynamic statement descriptor
  • update the statement descriptor
  • payment gatewayA service that securely sends a customer's card or other payment details from the online store to the banks and returns whether the payment is approved.
  • chargebackThe reversal of a card payment after the cardholder disputes it with their bank, for example claiming the item never arrived or the payment was fraudulent.

More terms: Payments and Fraud Prevention

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