Definitions for "Transaction Type"
The category to which a transaction belongs. There are four transaction types: fee, load, add value, and spend. · Fee - Charge the merchant incurs for each transaction. · Load - Issuance of a certificate. · Add value - Addition of funds to an existing certificate. · Spend - Redemption of a certificate.
This value indicates the type of transaction entered and actions that may be associated with the transaction.
The type of action applied to an airline ticket, e.g. Purchase, Exchange, Refund, Partial Refund, Reservation, Cancellation, etc.